History and Timeline

The world is only going forward, and we’re happy to lead the way.

Committed to setting the standard, now and in the future

For more than 100 years, Verizon has been at the center of the communications revolution. Today, Verizon is a global technology company delivering the promise of the digital world. Our wireless, fiber optic and mobile video services reach hundreds of millions of customers every day. Explore our milestones below and see how it all began.

Creating a technology leader

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 was a major telecommunications company with 1999 revenues of more than $25 billion. Bell Atlantic was part of the original Bell System and had 1999 revenues of more than $33 billion. GTE and Bell Atlantic evolved and grew through decades of mergers, acquisitions and divestitures.

Leading the company and the industry

Verizon began as the largest fixed-line telephone company in the United States. Today, Verizon has successfully transformed into a wireless leader with the most reliable communications network thanks to the dedication of its employees and the visionary leadership of its first three CEOs – Chuck Lee, Ivan Seidenberg and Lowell McAdam.

Charles R. “Chuck” Lee
Lee became Verizon’s founding Chairman and Co-CEO in 2000. He retired in 2002.
Ivan Seidenberg
Seidenberg became Verizon’s founding President and Co-CEO in 2000. He became Verizon’s Chairman and CEO in 2002, and retired in 2011.
Lowell C. McAdam
McAdam became CEO in August 2011 and Chairman on January 1, 2012.

How we got to where we are.

Since the invention of the telephone more than 100 years ago, Verizon and its predecessors have been committed to being at the center of the communications revolution. Today, Verizon is a global technology company tirelessly dedicated to delivering the digital economy to our customers. Our wireless, fiber-optics and mobile video offerings reach hundreds of millions of customers around the world every day.

Explore our interactive milestones below or view our corporate history.

January |
2016
Devices, Plans & Accessories
FreeBee Data

FreeBee Data –  a sponsored data service by Verizon – helps businesses drive better engagement with mobile content on America’s largest and most reliable 4G LTE network.

February |
2016
Financial
XO Communications

Verizon’s ownership of XO’s fiber-based IP (Internet protocol) and Ethernet networks helps better serve enterprise and wholesale customers.

March |
2016
Media & Entertainment
Verizon Hearst

Verizon and Hearst formed a joint venture – Verizon Hearst Media Partners – to develop digital video programming targeting the mobile millennial audience.

March |
2016
Financial
Volicon acquisition

Verizon Digital Media Services acquired Volicon, a leading provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters.

April |
2016
Financial
Complex Media acquisition

Complex develops premium video content for distribution across Verizon digital platforms, including go90, AOL.com and more.

June |
2016
Network
Expressfleet launch

Verizon Networkfleet, a leading provider of comprehensive fleet management solutions, launched Expressfleet, a new, cost-effective and easy-to-install solution for small business owners to meet their fleet management needs.

July |
2016
Financial
Acquisition Yahoo
August |
2016
Telecom History
LTE Advanced launch

Verizon launched LTE Advanced technology to bring 50 percent faster peak wireless data speeds to more than 288 million people in 461 U.S. cities.

September |
2016
Corporate
Sensity Acquisition
Sensity Systems acquisition

Verizon announced an agreement to purchase Sensity Systems Inc., to add additional smart city solutions to its ThingSpace internet of things platform.

November |
2016
Financial
Fleetmatics Acquisition