History & Timeline

Verizon Communications Inc., based in New York City and incorporated in Delaware, was formed on June 30, 2000, with the merger of Bell Atlantic Corp. and GTE Corp. Learn more about the history of Verizon Communications by viewing our corporate history brochure and interactive timeline below.

2014
  • Verizon Acquires Vodafone's Stake in Verizon Wireless

    Verizon acquires Vodafone’s 45 percent interest in Verizon Wireless for $130 billion, consisting primarily of cash and stock. As a wholly owned entity, Verizon Wireless is now better equipped to take advantage of the changing competitive dynamics in the market and capitalize on the continuing.

    Verizon Acquires Vodafone's Stake in Verizon Wireless

  • Verizon Purchases Intel Media Assets

    Verizon purchases the assets of Intel Media, a business division of Intel dedicated to the development of Cloud TV products and services. The transaction accelerates the availability of next-generation video services, both integrated with Verizon FiOS fiber-optic networks and delivered “over the top” to any device.

2013
  • Verizon Completes Fiber-Optic Transformation of Lower Manhattan

    Following the destruction and flooding from Hurricane Sandy, Verizon undertakes an ambitious rewiring of Lower Manhattan with 100 percent fiber optics.

  • Verizon Launches $10M Powerful Answers Award

    Verizon launches the Powerful Answers Award to spark innovative thinking and problem solving across industries and to generate ideas, solutions and answers for some of the world’s biggest challenges in three core areas of focus: education, healthcare and sustainability. 

  • Verizon Reinvents the Enterprise Cloud

    Verizon announces Verizon Cloud–its new cloud Infrastructure as a Service platform and cloud-based object storage service. With this service, Verizon is fundamentally changing how public clouds are built.

  • Verizon Reopens Innovation Center West

    The newly-expanded and renovated Verizon Innovation Center West opens for customers and other stakeholders in the San Francisco area. Since Verizon’s two Innovation Centers first opened in 2011, hundreds of companies and ecosystem partners have worked with Verizon to bring innovation to the healthcare, energy, transportation and retail industries.

  • Verizon Acquired EdgeCast Networks & upLynk

    Verizon acquired EdgeCast, an industry leader in content delivery networks, and upLynk, a leading technology and television cloud company. Verizon Digital Media Services integrated EdgeCast and upLynk’s complementary capabilities to further improve its ability to meet the exponential growth in online digital media content, as well as broaden its portfolio of site acceleration services for enterprises.

2012
  • Verizon Acquires Hughes Telematics Inc.

    Verizon acquires Hughes Telematics setting the company on a course to accelerate growth through the delivery of advanced automotive and fleet telematics and machine-to-machine services.

  • Verizon and Coinstar Launch Redbox Instant Streaming Video Service

    Verizon and Coinstar, Inc. form a joint venture that creates a new  service offering all of the convenience, simplicity and value of Redbox® new release DVD and Blu-ray Disc® rentals combined with a new content-rich video on-demand streaming and download service from Verizon.

  • Verizon Launches Wireless Broadband for Homes

    Verizon introduces HomeFusion Broadband which provides high-speed in-home Internet access using the company’s 4G LTE network. The solution offers households with limited broadband options a reliable alternative for data connectivity.

  • Verizon Introduces Share Everything Wireless Plans

    Verizon’s new Share Everything Plans forever change the way customers purchase wireless services by providing a single data allowance that can be shared by up to 10 Verizon Wireless devices.

  • Verizon Launches FiOS Quantum

    Responding to consumer demand for ultra-high-speed home broadband service, Verizon more than doubles the speeds of several of its FiOS Internet tiers and eventually offers a top-tier speed of 500 Mbps.

2011
  • Lowell McAdam Becomes Verizon Chairman and CEO

    The Board of Directors elects Lowell C. McAdam as chief executive officer and chairman of Verizon Communications Inc. McAdam will have responsibility for the operations of Verizon, including all business units and staff functions, and will oversee the functioning of the board.

     

  • Verizon Acquired Terremark & CloudSwitch

    Verizon completed its acquisition of Terremark Worldwide, Inc., a provider of global managed IT infrastructure services and cloud solutions. The acquisition further positioned Verizon as an "everything-as-a-service" provider to business and government customers globally. Verizon's acquisition of CloudSwitch, an innovative provider of cloud software technology, brought enterprise customers more flexibility and greater control in moving to and from the cloud, while extending security over applications and data.

  • Innovation Centers Open in Massachusetts and California

    Verizon Wireless opens the Verizon Innovation Centers in Waltham, MA, and San Francisco, CA to provide the environment and infrastructure for innovators, entrepreneurs and industry game-changers who are working to harness the power of the 4G LTE network to develop and bring new products to market.

  • Verizon Acquires Advanced Wireless Spectrum from Consortium of Cable Companies for $3.6B

    Verizon Wireless acquires SpectrumCo, LLC, a joint venture between Comcast, Time Warner Cable, and Bright House Networks. The sale of Spectrum provides consumers with enhanced 4G LTE products and services.

  • Verizon Unveils Advanced Digital Media Management Platform

    Verizon announces its new “content-to-consumer” delivery capabilities at the National Broadcasters Association Show, which will enable media and entertainment companies to offer on-demand, live and linear content across their mobile devices.

  • Verizon First Service Provider to Announce 100G Deployment

    Verizon deploys 100G technology on a portion of its U.S network, giving its enterprise customers the benefit of increased performance for everything from cloud-based enterprise applications to video streaming.

2010
  • Verizon Wireless Deploys 4G LTE

    Verizon Wireless launches the nation’s first wide-area 4G LTE network, starting in 39 major markets and covering more than 110 million people with 4G LTE on the first day.

  • Verizon Launches FlexView Mobile Video-on-Demand Service

    With the introduction of Flex View, FiOS TV customers could take video programming outside the home and view it on various portable devices including smartphones, tablets and laptops.

  • Verizon Launches LTE in Rural America Program

    Verizon Wireless introduces its LTE in Rural America Program to accelerate the rollout and adoption of 4G LTE services. As part of the program, partner companies can lease spectrum from Verizon Wireless and offer 4G LTE services to their customers quickly and economically.

2009
  • Partnership with Google Leverages Android Mobile Platform

    Verizon Wireless and Google announce a strategic partnership to develop mobile applications, services and devices under the DROID brand. This enables Verizon Wireless to offer consumers an array of innovative products that combine the speed of its 3G network with the Android mobile platform.

  • Verizon Wireless Acquires Alltel

    Verizon Wireless completes its purchase of Alltel, expanding the company's network coverage and making Verizon Wireless the largest wireless company in the United States once again.

2008
  • Verizon acquired Rural Cellular and Cybertrust

    Verizon Wireless acquired Rural Cellular Corporation, further expanding network access nationwide. With the acquisition of Cybertrust, Verizon Enterprise Solutions became the leading provider of managed security services to business and government customers worldwide.

  • Verizon Invests in Nationwide Wireless Spectrum

    Verizon is the winning bidder for a nationwide spectrum footprint (excluding Alaska) in the FCC-termed C-Block group of licenses, plus 102 licenses for individual markets. This allows Verizon Wireless to move forward in its announced plan to deploy a Long Term Evolution (LTE) network and Open Development Initiative.

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