Bus 499 Assignment 1: Business Administration Capstone
Verizon uses technology such as cloud computing and data analytics to improve its customer service. To provide higher quality services for its customers around the globe. AOL was acquired by AOL in 2015. This enabled AOL to become a digital content producer and distributor across multiple platforms and devices.
The company’s 5G offering is allowing it to enter markets that are dominated by cable companies like Comcast and AT&T which were previously hard for Verizon to penetrate due to higher investment costs associated with them. It is also leveraging globalization initiatives such as cross-border partnerships/alliances with other telecom companies around the world t0 grow its international presence further into Asia Pacific and Europe. These efforts help Verizon increase efficiency by leveraging economies of scale and decrease operating costs. This allows Verizon be more profitable while still providing exceptional services to customers worldwide.