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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
4. GTE’s wireless operations became part of Verizon Wireless...
- 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.
4. GTE’s wireless operations became part of Verizon Wireless — creating the nation’s largest wireless company — when the Bell Atlantic - GTE merger closed nearly three months later. Verizon then became the majority owner (55 percent) of Verizon Wireless, with management control of the joint venture.
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May 23, 2024 · In January 2004, Verizon Communications became the first major US carrier to launch the 3G network. In 2010, Verizon was the first to introduce the nation’s largest 4G LTE network. Verizon’s...
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In a 2019 reorganization, Verizon moved the wireless products and services into the divisions Verizon Consumer and Verizon Business, and stopped using the Verizon Wireless name. Verizon has 114.2 million subscribers as of September 30, 2024.
Feb 5, 2020 · In 2009, Verizon acquired Alltel Wireless and became one of the largest wireless carriers in the U.S. In 2010, the company introduced the first large-scale 4G LTE network in the United States. In 2011, the company acquired Terremark, an information technology services company.
Ranking as the country's fourth largest long-distance company, Verizon had 8.2 million long distance customers in early 2002. By merging with Vodaphone, Verizon Wireless became the instant leader in wireless communication and has spurred the company to extend its wireless reach even further.
