Formation of Bell Atlantic
Bell Atlantic was formed in 1983 as one of the seven Regional Bell Operating Companies created by the breakup of AT&T. This company would later become a key part of Verizon.
1983
1994
Bell Atlantic Expands
Bell Atlantic expanded its reach by acquiring telecommunications company NYNEX, enhancing its presence in the Northeast United States.
2000
Formation of Verizon Communications
Verizon Communications was formed in June 2000 through the merger of Bell Atlantic and GTE, creating one of the largest telecommunications companies in the United States.
2002
Launch of Verizon Wireless
Verizon Wireless was launched as a joint venture between Verizon Communications and Vodafone, quickly becoming one of the leading wireless service providers in the United States.
2005
Acquisition of MCI Inc.
Verizon acquired MCI Inc., a major telecommunications company, to enhance its global internet and data services capabilities.
2006
Introduction of FiOS
Verizon introduced FiOS, its fiber-optic internet and television service, aiming to provide high-speed internet and digital TV services to residential customers.
2008
Verizon Wireless Acquires Alltel
Verizon Wireless acquired Alltel, expanding its wireless network and customer base, making it the largest wireless service provider in the United States at the time.
2013
Full Ownership of Verizon Wireless
Verizon Communications acquired Vodafone's 45% stake in Verizon Wireless for $130 billion, gaining full control of the wireless business.
2015
Acquisition of AOL
Verizon acquired AOL for $4.4 billion, aiming to enhance its digital media and advertising capabilities.
2016
Acquisition of Yahoo
Verizon acquired Yahoo's core internet operations for $4.83 billion, integrating it with AOL to form a new subsidiary called Oath.
2017
Launch of Verizon Unlimited Data Plans
Verizon reintroduced unlimited data plans, responding to market demand and competitive pressures from other wireless carriers.
2018
First 5G Home Service
Verizon launched the first commercial 5G home broadband service in the United States, marking a significant milestone in the deployment of 5G technology.
2019
First 5G Mobile Network
Verizon launched its 5G Ultra Wideband network in parts of Chicago and Minneapolis, becoming one of the first carriers to offer 5G mobile services.
2021
Sale of Verizon Media
Verizon sold its media division, Verizon Media, which included AOL and Yahoo, to Apollo Global Management for $5 billion, refocusing on its core telecommunications business.
2023
Expansion of 5G Network
Verizon continued to expand its 5G network across the United States, aiming to provide nationwide coverage and enhance the speed and reliability of its services.
2024
Verizon's Commitment to Sustainability
Verizon announced its commitment to achieving net-zero carbon emissions by 2035, reflecting its dedication to environmental sustainability and corporate responsibility.
