Does Verizon own T-Mobile? (2023)

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You will be well aware of the telecommunication companies in your area. Many different telecommunication companies are emerging day after day with different services. This helps to communicate with each other and to remain connected. Among them, you must be familiar with Verizon and T-Mobile. Both these companies are serving through mobile telephony. Verizon and T-Mobile are wireless broadband. Both companies share similar ownership. Who owns Verizon? Who owns T-mobile? These questions are being addressed here to derive their answers.

Does Verizon own T-Mobile?

No, Verizon does not own T-Mobile. They hold different ownership. It is not true that Verizon owns T-Mobile, as many people think. Verizon is a type of division, while T-Mobile is a company. The Vanguard Group has a major share in the Verizon company, and thus, they have solid ownership. On the other hand, Deutsche Telekom AG owns the company of T-Mobile. Let’s explore other details.

Who owns Verizon?

Verizon is the largest network carrier in the United States. 

Verizon is a wireless network provider and telecommunication company. Formerly this company was working as a separate division named Verizon Communications. Later in 2019, the reorganization occurred in the company. After this rearrangement, its services started working under the name or brand of Verizon Wireless.

It has a bulk number of consumers. At the end of 2021, Verizon has more than 142.8 million subscribers nationwide.

Verizon Ownership;

Vodafone Verizon Telecommunication founded this company. Verizon has been headquartered in Basking Ridge, New Jersey. New Jersey is a state in America. In April 2000, this company came into being. This company came into being through a joint venture of a company known as Bell Atlantic and Vodafone. Bell Atlantic is a telecommunication company belonging to America which later changed into Verizon Communications. Another company, Vodafone, is a British multinational company.  It has been serving the United States since then.

Who owns T-Mobile?

T-Mobile is another mobile operator company. It has also been offering telecommunication services to a lot of Americans. T-Mobile is the second largest mobile operator after Verizon. 

T-Mobile Ownership;

John W Staton is the founding father of the T-Mobile company. He laid the foundation for the 2nd largest telecommunication company.

Deutsche Telekom AG is the major shareholder of this company—one of the largest telecommunication companies earning more revenue than others. Deutsche Telekom AG is a German company serving its wireless services throughout Europe. This company was, in turn, founded in 1995. Its foundation resulted in the privatization of a company formerly held by its state. 

What services does Verizon offer?

Verizon is a wireless mobile network provider. It is a telecommunication company operating in the United States. This company provides 4G LTE service to the population. This giant can cover more than 90% of the entire population. This service can be provided with different types of devices. In 2015, Verizon announced the thrilling news that it is working on 5G, and soon 5G will be accessible to its customers. Moreover, Verizon has been working on providing network coverage in rural areas.

What services are offered by T-Mobile?

Although this company is similar to Verizon, both companies operate as a wireless network. At the end of 2021, more than 106.9 subscribers were witnessed. You can call through T-Mobile any time of the day or night. The scheduled call is another option provided by the company.  This company was initially known as voice stream wireless which was then changed into T-Mobile US. T-Mobile also serves as a host for different virtual networks.

Verizon Subsidiaries 

What other companies are owned by Verizon? Here is the list of those companies which Verizon owns.

  • Verizon California Inc.
  • Verizon Delaware LLC.
  • Verizon Florida LLC.
  • Verizon Maryland Inc.
  • Verizon New England Inc.
  • Verizon New Jersey Inc.
  • Verizon New York Inc.
  • Verizon Pennsylvania Inc.
  • GTE Southwest Incorporated 
  • Verizon Virginia Inc.
  • Bell Atlantic Mobile Systems LLC.
  • GTE Corporation
  • GTE Wireless Incorporated
  • MCI Communications Corporation
  • Verizon Business Global LLC.
  • Cranberry Properties LLC.

What companies are owned by T-Mobile?

Many companies are owned by T-Mobile, just like Verizon. These companies include

  • Mobile Owns:
  •  Metro by T-Mobile
  •  Mint Mobile
  • Simple Mobile
  • Ultra Mobile Boost Mobile
  • Tello
  • TextNow (T-Mobile, Sprint)
  • Consumer Cellular (AT&T, T-Mobile)
  • Net10 (T-Mobile, Sprint, AT&T, Verizon, US Cellular)
  •  Google Fi (Sprint, T-Mobile, US Cellular, Three)
  • Red Pocket (Verizon, Sprint, T-Mobile, AT&T)
  • Republic Wireless (Sprint, T-Mobile)
  • Straight Talk (Sprint, T-Mobile, Verizon, AT&T)
  • TracFone (Sprint, T-Mobile, Verizon, AT&T)
  • US Mobile (T-Mobile, Verizon)
  • Gen Mobile (T-Mobile, Sprint)
  • Wing (T-Mobile, AT&T)

Conclusion;

Verizon and T-Mobile are two different entities operating telecommunication services similarly. Verizon is the largest mobile operator in the United States. Similar groups do not own them, although both are similar in functioning. Verizon is a network held by the results of a joint venture of two companies. While T-Mobile is also a network provider owned majorly by vanguard group. 

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