Verizon
Verizon Communications emerged from the historic AT&T divestiture and subsequent mergers, transforming from regional telephone operating companies into a leading global provider of wireless and broadband communication services.
Quick Facts
- Founded
- 1877
- Founder
- Gardiner Greene Hubbard
- Origin
- USA
Founders
Story Chapters
Timeline
Founding of Bell Telephone Company
Gardiner Greene Hubbard founded the Bell Telephone Company, setting the stage for the future telecommunications giant, Verizon.
Formation of Bell Atlantic
Bell Atlantic was formed as one of the seven Regional Bell Operating Companies after the breakup of AT&T, marking a new era in telecommunications.
Bell Atlantic and NYNEX Merger
Bell Atlantic merged with NYNEX, expanding its reach and solidifying its presence in the northeastern United States.
Creation of Verizon Communications
Bell Atlantic merged with GTE to form Verizon Communications, creating one of the largest telecommunications companies in the world.
Launch of Verizon Wireless
Verizon Wireless was launched, marking the company's entry into the rapidly growing mobile telecommunications market.
Introduction of FiOS
Verizon introduced FiOS, its fiber-optic network, providing high-speed internet, television, and phone services.
Acquisition of Alltel
Verizon acquired Alltel, expanding its wireless network and becoming the largest mobile carrier in the United States.
Acquisition of AOL
Verizon acquired AOL to enhance its digital and advertising capabilities, marking a significant shift towards digital media.
Acquisition of Yahoo
Verizon acquired Yahoo, further expanding its digital media presence and combining it with AOL to form Oath Inc.
Sale of Verizon Media
Verizon sold its media assets, including Yahoo and AOL, to Apollo Global Management, refocusing on its core telecommunications business.
Connected Across The Archives
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