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July 3, 2000
- Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol on Monday, July 3, 2000.
www.verizon.com/about/sites/default/files/Verizon_History_0916.pdf
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Verizon Communications was created on June 30, 2000 by Bell Atlantic Corp. and GTE Corp., in one of the largest mergers in U.S. business history. GTE and Bell Atlantic evolved and grew through decades of mergers, acquisitions and divestitures.
- The history of Verizon Communications
Verizon Communications Inc., based in New York City and...
- Bell Atlantic and GTE Complete Their Merger and ... - Verizon
NEW YORK -- Bell Atlantic Corp. (NYSE:BEL) and GTE Corp....
- The history of Verizon Communications
Two months before the Federal Communications Commission (FCC) gave final approval on the formation of Verizon Communications, Bell Atlantic formed Verizon Wireless in a joint venture with the British telecommunications company Vodafone in April 2000.
Verizon Communications Inc., based in New York City and incorporated in Delaware, was formed on June 30, 2000, with the merger of Bell Atlantic Corp. and GTE Corp. Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol on Monday, July 3, 2000.
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Jun 30, 2000 · NEW YORK -- Bell Atlantic Corp. (NYSE:BEL) and GTE Corp. (NYSE:GTE) completed their merger today, creating Verizon Communications, a formidable new competitor in global communications.
- Holding Verizon For Two Decades
- Industry Consolidation
- A Head-To-Head Comparison
The first day of trading for Verizon Communications was July 3, 2000, with an IPO price set to $45.53 per share. An investor purchasing $10,000 of Verizon stock at the IPO would have 220 shares. Fast-forward to today, and Verizon is currently trading at $60.81 per share. A shareholder with 220 shares would have received $8,080 in dividends and a st...
Nomura Instinet and HSBC Securities downgraded Verizon in November 2019 for several reasons -- mainly pointing to a potential price war between Verizon and the competition. After the Department of Justice approved a merger between Sprint (S) and T-Mobile US (TMUS-0.20%), Nomura and HSBC became concerned over a "race to the bottom," in which compani...
Income investors will be keeping an eye on the performance of the two largest telecommunications providers: Verizon and AT&T. The company with the better forward dividend yield, price to earnings, and price to sales is currently AT&T. Verizon has a forward dividendyield of 4.02% versus AT&T's 5.32%, a forward price to earnings ratio of 12.7, which ...
Verizon Communications (VZ) went public on July 23, 2000.
Jul 3, 2000 · Latest SEC Filings. Company profile for Verizon Communications Inc. (VZ) with a description, list of executives, contact details and other key facts.
