Xfinity is a name you’ve probably heard of, but don’t know much about, and you may be wondering: does Verizon own Xfinity? If not, who owns Xfinity, and are they associated with Verizon?
Well, we’re going to answer that question and so much more below, so keep reading to find out all of the important facts about Verizon and Xfinity!
Does Verizon Own Xfinity In 2023?
Verizon does not own Xfinity, as the two companies are independent and separate from one another in 2023. Additionally, Verizon is a wireless provider and fiber optics company, whereas Xfinity is a cable television and internet provider. However, people get confused, since Xfinity Mobile exists and people think it has something to do with Verizon.
Do you want to know additional information about Verizon and Xfinity, such as if Xfinity has a deal with Verizon? If so, continue reading below to learn all about these two companies!
Who Is Xfinity Owned By?
Xfinity is a telecommunications company that is owned by Comcast, and Comcast is a telecommunications conglomerate that owns many different companies and brands.
What Companies Does Comcast Own?
Comcast is one of the biggest television media companies in the world that has made several acquisitions, purchases, and mergers over the years, and currently owns:
- Comcast Cable Communications
- Comcast Business
- Comcast Interactive Media
- Universal Studios
- Xfinity Mobile
- Comcast Spectator
- Music Choice LLC
- Sky Group (including Sky Cinema, Sky Comedy, Sky Arts, and Sky Atlantic, among others)
- Universal Parks & Resorts
- Peacock Production
- Movies 24
- Patriot Media and more!
Is Xfinity Mobile Owned by Verizon?
Xfinity Mobile is not owned by Verizon, but is owned by Comcast. However, Xfinity Mobile does rely on the Verizon network, since it’s the best network for reliability and coverage.
Furthermore, if you want to get Xfinity Mobile, you’ll need to be a Comcast subscriber, and have to maintain that subscription to continue with Xfinity Mobile.
One notable difference with Xfinity Mobile as your carrier is that you’ll automatically connect to a Comcast Wi-Fi hotspot if you’re in range, so it’s not always connected to the Verizon network.
How Are Xfinity Mobile and Verizon Similar?
Xfinity Mobile uses the Verizon network, so that’s a huge similarity, and Xfinity Mobile would not exist if it weren’t for the Verizon network.
Both Verizon and Xfinity Mobile offer cell phone plans and internet services, which also make them similar to one another, and the prices of both are comparable.
Both Verizon and Xfinity are in the telecommunications industry, so they are both going after the same types of customers, and are offering similar products and services.
How Are Xfinity Mobile and Verizon Different?
One of the main differences between Verizon and Xfinity Mobile is that you need to be a Comcast subscriber to get Xfinity Mobile, whereas you can get a Verizon phone plan without Fios.
On top of that, Xfinity Mobile will use the Comcast Wi-Fi hotspot as much as possible, and that Wi-Fi will not count against your data cap, which is great!
The Xfinity 5G signal is more limited to hotspots, whereas, with Verizon, the 5G isn’t quite as limiting, although 5G is still difficult to come by with Verizon and is not available everywhere.
Additionally, Verizon offers a lot of perks and benefits with its wireless service and plans, such as Disney+ free trials or subscriptions, along with Apple Music, Hulu, and more.
Furthermore, Xfinity is an MVNO, which means that it doesn’t have its own network and relies on Verizon for signal.
MVNOs never have perks or benefits like free subscriptions to Hulu, Netflix, or Disney+, and this is an area where Verizon shines among the competition with all of these perks.
Should Verizon Buy Xfinity?
It would be difficult for Verizon to buy Xfinity, since it’s owned by Comcast, which is a huge conglomerate, but if Verizon could purchase Xfinity Mobile, it would be beneficial.
For example, Xfinity Mobile could be a subsidiary of Verizon, and that would allow customers to use it without needing a Comcast subscription.
Verizon is already the network that Xfinity Mobile uses when outside of a Comcast Wi-Fi spot, so it would make sense for Verizon just to take in the MVNO altogether.
Will Verizon Purchase Xfinity?
While it’s hard to say what the future holds, we don’t think that Verizon is going to purchase Xfinity, or try to gain access to Xfinity Mobile exclusively.
There have been no rumors or indications from either side about an acquisition, merger, or any other similar situation, so we will assume that it means it’s never been discussed by either side.
However, Verizon is one of the leading telecommunications companies in the world, and it would not be surprising if one day Verizon tried to acquire Xfinity Mobile as it recently did Tracfone.
Verizon doesn’t own Xfinity, as this company is owned by Comcast, which is a huge media conglomerate that owns Comcast Cable, NBC Universal, Dreamworks, and more!
Also, Xfinity Mobile is an MVNO that uses the Verizon LTE network, but it requires that you have and maintain a Comcast subscription to continue using the cell phone.