As the wireless-carrier market continues to find itself in a challenging climate because of saturation and heavy competition, Verizon (NYSE:VZ) is looking to build new growth avenues by securing a place at the forefront of the Internet of Things. The rollout of the company's 5G network technology will play a major role in meeting the increased speed and data load demands created by the connectivity boom, but the company is also betting big on the trend in other areas and is buying up assets to ride the next big revolution in tech.
Click through the following presentation to learn about key acquisitions that are shaping Verizon's position in the Internet of Things.
Verizon's Internet of Things Acquisition History in 10 Slides from The Motley Fool
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Keith Noonan has no position in any stocks mentioned. The Motley Fool owns shares of and recommends GOOG, GOOGL, AAPL, FB, and QCOM. The Motley Fool has the following options: long January 2018 $90 calls on AAPL and short January 2018 $95 calls on AAPL. The Motley Fool recommends VZ and YHOO. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
