Delpha Verrco: Difference between revisions

Jump to navigation Jump to search
No edit summary
m (Latium moved page Verrucosa Tenura to Delpha Verrco)
(No difference)

Revision as of 17:55, 23 July 2023

Verrucosa Tenura
Formerly
Verrucosus Buildings and Infrastructure
public S.p.A.
Traded asVT
Founded19 April 1951
Founder
Headquarters
182 Via Sacra, Utica
,
Area served
Worldwide
Key people
John Verrucosus (Chairman, CEO, and President)
Products
RevenueIncrease $164.5 billion (2018)
Increase $28.1 billion (2018)
Total assetsIncrease $486.94 billion (2018)
OwnerVerrucosa family (controlling stake)
Number of employees
200,731 (2020)
Divisions
  • Mediapublica Verrucosa
  • TeleVerrucosa
  • Delpha Oblectamentum
  • Verrucosa Global Research
  • Verrucosa Ventures
Subsidiaries
  • Utica Internationalis Holdings
  • Miraculum Verrucosa-TPK
  • Praeteriens (70%)
  • The National Observer Company (51%)
  • Zoltelecom (51%)
  • Phoenix Energy (19%)
  • Rota Latina (12%)
  • Ferrett Group (5.1%)
Websiteverrucosaten.la.co

Verrucosa Tenura S.p.A. (Verrucosa Holdings) is a Latin global conglomerate with holdings in media, entertainment, telecommunications, energy, and transportation. As of 2016, it is the largest corporation by revenue in Latium. The corporate headquarters is located in Utica, Latium, with John Verrucosus serving as CEO since 2000.

Verrucosus Holdings is the largest pay-TV company in Latium, and the xth largest in the world, as well as the largest internet service provider and cable TV subscriber in Latium. Verrucosus, through its subsidiaries Mediapublica Verrucosa, Verrucosus Media Group, and Delpha Media Group, nations throughout the world and the surrounding Periclean Sea. Verrucosus is the chief operator of LTC, a broadcast network station and all of its corresponding cable networks including LTCNuntia, LTCA, ITV, C!, as well as the various Delpha family of networks outside of Latium and other foreign-based networks worldwide tailored to individual nations

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, though was succeeded by his brother Josephus Verrucous, who served as CEO until 1984.


In the early 1960s, Verrucosa began to shift towards media and entertainment after the acquisition of major domestic broadcaster LTC. Verrucosa continued to expand into telecommunications and the media market of the years. Verrucosus Holdings is a publicly traded company in Latium, but the Verrucosa family owns or controls just over 25% of all shares, and a non-dilutable 49% voting power over the company.

Holdings