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FCC Approves Bell Atlantic GTE Merger to Form Verizon
Federal regulators clear the Bell Atlantic and GTE merger creating Verizon Communications the nations largest local phone and wireless provider. The deal includes spinoff of GTE long distance assets a 500 million local market investment and a plan to launch Genuity Internet assets with 9.5 percent merged stake.
MENTIONED IN THIS ARTICLE
Washington
Bell Atlantic
GTE Corp
Bell System
Verizon Communications
Federal Communications Commission
GTE
FCC
Ivan Seidenberg
Verizon
Seidenberg
Charles Lee
Bell
Kennard
New York State
Genuity
Lisa Pierce
Giga Information Group
Cambridge
Mass