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When did Bell Atlantic change its name to Verizon Communications?
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Apr 3, 2000 · The companies announced the name and brand strategy to employees today in anticipation of the launch of the wireless venture between Bell Atlantic and Vodafone-AirTouch, which is planned for tomorrow. The joint venture, to be known as Verizon Wireless, will be the first entity to use the new name.
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.
Bell Atlantic changed its name to Verizon Communications in June 2000, when the FCC approved the US$64.7 billion merger with telephone company GTE, nearly two years after the deal was proposed in July 1998.
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.
Bell Atlantic merged with GTE on June 30, 2000, and named the new entity Verizon Communications. The GTE operating companies retained by Verizon are now collectively known as Verizon West division of Verizon (including east coast service territories).
On September 21, 1999, Bell Atlantic and London-based Vodafone AirTouch Plc (now Vodafone Group Plc) announced that they would create a new wireless business—with a national footprint, a single brand and a common digital technology—composed of Bell Atlantic and Vodafone’s U.S. wireless assets.
1 day ago · This name was used prior to the company’s rebranding as Verizon Communications in 2000. 2. Why did Verizon change its name from Bell Atlantic? Verizon underwent a name change from Bell Atlantic as part of a broader strategy to signal its transition from a regional telephone company to a global communications provider.
