Is Xfinity owned by Verizon?

Verizon is the largest telecommunications company in the United States. On July 9, 2013, Verizon Communications Inc. completed its acquisition of Xfinity. The combined company is now known as Verizon Communications Inc. Xfinity is an operator of communications services in the United States.

The company offers voice, video, and broadband services. The company has a diverse customer base, which consists of residential, small business, and wholesale customers. Although Verizon is the company’s largest shareholder, it does not operate Xfinity directly. Instead, the company leases its infrastructure and management to Xfinity.

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