Search results
Jun 30, 2000 · Bell Atlantic merged with NYNEX, a fellow RBOC, in 1997 and subsequently moved its headquarters from Philadelphia to New York City. The Bell Atlantic-GTE transaction – valued at more than $52 billion at the time of the announcement in July 1998 – combined Bell Atlantic’s sophisticated network with GTE’s national footprint to create new a leader in the communications industry.
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. When Verizon Communications began operations in mid -2000, the leaders of Bell Atlantic and GTE shared management responsibility for the company.
Apr 22, 1996 · PHILADELPHIA/NEW YORK -- The boards of directors of Bell Atlantic (NYSE:BEL) and NYNEX (NYSE:NYN) have unanimously approved a definitive agreement for a merger of equals between the two corporations with a combined market value in excess of $50 billion. The merger will create the nation's second largest telecommunications company, with 133,000 ...
Feb 17, 2019 · Verizon History. When the Federal Communications Commission approved a US$64.7 billion acquisition of telephone company. GTE, Bell Atlantic changed its name to Verizon Communications in June 2000. The approval came with 25 provisions to preserve competition. It was between local phone carriers, including investing in new markets and broadband ...
GTE.com. GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), [1] was the largest independent telephone company in the United States during the days of the Bell System. The company operated from 1926, with roots tracing further back than that, until 2000, when it was acquired by Bell Atlantic; the combined ...
Sep 8, 1997 · Bell Atlantic expects to complete the name and logo change in all . major locations in its local telephone companies' service area of 13 . states and Washington, D.C., by the end of 1998. In addition, Bell . Atlantic Mobile will begin changing its name from Bell Atlantic NYNEX . Mobile on facilities throughout its service area of 19 states and
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. When Verizon Communications began operations in mid -2000, the leaders of Bell Atlantic and GTE shared management responsibility for the company.
