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| Fate | Acquired |
|---|---|
| Successor | Bell Atlantic (now Verizon) |
| Founded | 1984 |
| Defunct | 1997 |
| Headquarters | New York, New York, USA |
| Industry | Telecommunication |
| Products | Local Telephone Service, Cellular Telephone Service |
NYNEX Corporation (pronounced Nine-x) was a telephone company that served five New England states (Maine, Massachusetts, New Hampshire, Rhode Island and Vermont) as well as New York, from 1984 through 1997.
Formed January 1, 1984 as a result of the Bell System Divestiture, NYNEX was a Regional Bell operating company made up of former AT&T subsidiaries New York Telephone Company and New England Telephone. Hence, the name NYNEX stood for New York/New England, with the X representing the unknown future (or "the uneXpected")[1], but the X is also widely believed to mean eXchange. Bell Atlantic bought NYNEX on August 14, 1997 in what was, at the time, the second largest merger in American corporate history.[2][3] The corporate headquarters was moved from Philadelphia to New York City. On June 30, 2000, Bell Atlantic acquired GTE to form Verizon Communications.
NYNEX is now known as Verizon's "Northeast Bureau".[citation needed]
NYNEX also operated cable television and telephone services in the United Kingdom, with offices in Waterlooville (Hampshire), Baguley (Manchester), Shoreham-by-Sea (East Sussex), Leatherhead (Surrey) and Antrim (Northern Ireland). In 1997, the UK assets of NYNEX were merged with the Cable & Wireless subsidiary Mercury Communications and cable operators Vidéotron and Bell Cablemedia, and renamed as Cable & Wireless Communications. Cable & Wireless's cable assets were sold to NTL in 2000. On 8 February 2007, NTL rebranded as Virgin Media.
See also
References
External links
- Verizon Communications
- The History of Verizon Communications - Investor Relations - Corporate History - Verizon Communications
- Charlie Rose Episode with Raymond W. Smith, Chairman & CEO of Bell Atlantic and Ivan Seidenberg, Chairman & CEO of Nynex
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