Verizon Communications being a worldwide head for providing broadband services along with other wireless and wireline interactions services to individual customers, businesses, government institutions and wholesale consumers. Apart from it, Verizon is furthermore providing converged communications, entertainment and information facilities in United States of America's superior fiber-optic network and delivers inventive, flawless industry solutions to clients throughout the globe. It was established through the amalgamation of Bell Atlantic Corp. and GTE Corp. So, to continue and advance its steps, Verizon also acquired many other companies to become America’s best tele-communications provider.
There were many strategy actions taken by Verizon Communications which shows that the company is capable of crafting good strategy. So, among them the big decision was taken in 2006 to acquire MCI Inc. Later after few years, in 2010 the company launched World’s largest 4G LTE Wireless Network which showed that Verizon is capable of crafting good strategy. Last year, Verizon again decided to acquire Terremark to accelerate its cloud technology.
To bring the advantages of converged communications, entertainment and information internally in America and throughout the world and a move to strengthen its own talent, Verizon acquired MCI forming a new business unit named Verizon Business to turn into a foremost provider of highly developed communications and information technology solutions to medium businesses, big businesses and government clients globally.
So, this action to acquire MCI Inc, has benefited the organization structure a lot because they have got greatly experienced and skilled strength of sales and service professionals arranged in thousands of organizations throughout the globe. Verizon holds and control an end-to-end, global IP network across in excess of 100,000 miles.
Hence, this action has become a good fit for the company and