Verizon Communications has announced it will change its operating structure to focus on three areas.
It has named former Ericsson CEO Hans Vestberg as part of its newly created network and technology team.
Vestberg's team will build out the company's fiber network infrastructures.
Verizon's media and telematics unit will focus on growing the company's new businesses in digital media, including integrating its pending acquisition of Yahoo Inc.
It will be led by Marni Walden as executive vice president for media and telematics.
The company's customer and product operations team, led by John Stratton, will work on operating and growing Verizon's established businesses, such as Verizon Wireless and Verizon Enterprise Solutions.
Verizon Communications: Know More - Headquarters: Basking Ridge, New Jersey, United States
- Motto: Better Matters
- CEO: John G. Stratton (17 Feb 2015–)
- Founded: 4 April 2000, Bedminster, New Jersey, United States
- Network types: Code division multiple access, LTE
- Parent organization: Verizon Communications
- Founders: Verizon Communications, Vodafone
