īell Atlantic changed its name to Verizon Communications in June 2000, when the FCC approved the US$64.7 billion merger with telephone company GTE, nearly two years after the deal was proposed in July 1998. Due to its size, Verizon Wireless was able to offer national coverage at competitive rates, giving it an advantage over regional providers typical of the time. Verizon Wireless merged Bell Atlantic's wireless network, Vodafone's AirTouch and PrimeCo holdings, and the wireless division of GTE. The deal was valued at approximately $70 billion and created a mobile carrier with 23 million customers. ![]() The companies established Verizon Wireless as its own business operated by Bell Atlantic, which owned 55% of the venture. Two months before the Federal Communications Commission (FCC) gave final approval on the formation of Verizon Communications, Bell Atlantic formed Verizon Wireless in a joint venture with the British telecommunications company Vodafone in April 2000. The logo is occasionally used on payphones and phone cards. Mergers with GTE and Vodafone (2000–2002) Former logo used from 2000 to September 1, 2015. NYNEX was consolidated into the Bell Atlantic name by 1997. ![]() When it merged, it moved its corporate headquarters from Philadelphia to New York City. Smith orchestrated Bell Atlantic's merger with NYNEX.
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