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The company was formed by Verizon in 2009 to facilitate the planned sale of some local subsidiaries to Frontier, which was completed on July 1, 2010. The company was set up to allow for a Reverse Morris Trust merger, allowing Verizon to spin off the company to Frontier tax-free. Its primary purpose was to transfer Frontier ILEC Holdings as well ...
SonicWall is an American cybersecurity company that sells a range of Internet appliances primarily directed at content control and network security. These include devices providing services for network firewalls , unified threat management (UTM), virtual private networks (VPNs), virtual firewalls , SD-WAN , cloud security and anti-spam for email.
Verizon Communications Inc. (/ v ə ˈ r aɪ z ən / və-RY-zən), is an American telecommunications company headquartered in New York City. [3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 114.2 million subscribers (and roughly 17th largest globally) as of September 30, 2024.
Now that the AT&T (NYS: T) merger is off the table, a new telecom proposal can get the Full Monty of regulatory attention. The blockbuster deal that Verizon (NYS: VZ) made earlier this month with ...
There have been a number of huge merger deals in the not-too-distant past whose buyout numbers reached into low orbit. The most notorious -- and most scoffed at -- must be when AOL met Time Warner ...
Verizon wants to shake up the TV industry in a big way. Cable distribution deals are pretty simple today. The cable company (or fiber company, in the case of Verizon's FiOS broadcast service) sits ...
In 2008, Verizon sold its operations in northern New England to FairPoint Communications; In 2011, Qwest was acquired by CenturyLink, which subsequently changed its name to Lumen Technologies in 2020. In 2010, Verizon sold its West Virginia Bell operating company (along with much of its former GTE operations) to Frontier Communications
The final merger took place on August 14, 1997, in what was at the time the second-largest merger in corporate history in America. [ 41 ] [ 42 ] Although the surviving company was Bell Atlantic, the merged company moved from the headquarters of Bell Atlantic in Philadelphia to the headquarters of NYNEX in New York City .