Delpha Verrco

Delpha Verrco

Delpha Verrco wordmark
Formerly	Verrco Buildings and Infrastructure Verrucosa Tenura
Type	public S.p.A.
Traded as	DVCO
Founded	18 August 1954
Founder	Josephus Verrucosus Valens Verrucosus Marius Claudius
Headquarters	182 Via Sacra, Castellum , Latium
Area served	Worldwide
Key people	Marius Verrucosus (CEO)
Products	Athletic management Broadband Broadcasting Home security Internet IPTV Movie production Mobile Network security News agency Newsprint Online security Radio Television (Cable, Digital, and Pay) TV production Telephone Venture capital VoIP phone
Revenue	$95.5 billion (2018)
Net income	$18.1 billion (2018)
Total assets	$366.94 billion (2018)
Owner	Verrucosa family (controlling stake)
Number of employees	170,731 (2020)
Divisions	Delpha Studios and Entertainment Delpha-LTC Networks Mediapublica Verrco CN Global Delpha Verrco Global Streaming and Interactive Verrcomm Global Delpha Oblectamentum Delpha Verrco International
Subsidiaries	Utica Internationalis Holdings PhoenixMedia Miraculum Delpha-TPK The National Observer Company (51%) Zoltelecom (51%) Phoenix Energy (19%) Rota Latina (12%) Ferrett Group (5.1%)
Website	delphaverrco.la

Delpha Verrco S.p.A. is a Latin global conglomerate with holdings in media, entertainment, telecommunications, energy, and transportation. As of 2023, it is one of largest corporations by revenue in Latium. The corporate headquarters is located in Castellum, Latium, with Marius Verrucosus serving as CEO since 2018.

It is the largest pay-TV company and movie studio in Latium, and the xth largest in the world, as well as the largest internet service provider and cable or digital TV provider in Latium. Delpha Verrco, through its many divisions and subsidiaries, reach extends globally throughout the world. Delpha Verrco is the chief operator of LTC, a broadcast network station and all of its corresponding cable and digital networks including LTCNuntia, LTCA, ITV, C!, as well as Canalis Nuntia (CN; The News Channel) and a number of foreign-based or international networks.

History

The corporation was founded in spring 1951 by brothers Josephus Verrucosus and Valens Verrucosus, with financial backing from Marius Claudius, after being awarded a contract by the Latin government for rebuilding areas of the country following the end of the Social War. The company was initially named Verrucosa Building and Infrastructure, and was later renamed when it began to absorb other industries, including LTC. Initially the company relied upon the Latin monarchy for its primary investment. From 1950 until 1958, the Duchy of Adrianople controlled as much as 88% of the company, of which a 5% non-voting ownership is retained by the Latin Imperial Family. Valens Verrucosus served as the company's first CEO and President until he was replaced by his older brother Josephus Verrucosus in 1977.

In the early 1970s, Verrucosa Tenura began to shift towards media and entertainment after the acquisition of major domestic movie studio and broadcaster Delpha, which also owned and operated LTC. Delpha Verrco continued to expand into telecommunications and the media market of the years both in Latium and abroad. Delpha Verrco is a publicly traded company in Latium, but the Verrucosa family holding company owns or controls just over 25% of all shares, and a non-dilutable 49% voting power over the company.