Changes

===Bell Atlantic Corp===

===Bell Atlantic Corp===

Verizon Communications, Inc. was formerly known as '''Bell Atlantic Corporation''' which was founded in 1983, one of the companies that can be traced back to the Bell System, an organizational structure of the '''American, Telephone and Telegraph Co.''' ([[AT&T]]), the largest private company in the U.S. with 1 million employees. The Bell System is a legally sanctioned, regulated monopoly under the Communications Act of 1934 with an objective to make available...for all the people of the United States a rapid, efficient nationwide...wire and radio communication service with adequate facilities at reasonable charge." <ref>[http://www22.verizon.com/investor/investor.portal_nfpb=true&_pageLabel=companyinfo_corporatehistory Corporate History]</ref>

Verizon Communications, Inc., formerly known as '''Bell Atlantic Corporation''', was founded in 1983. It was one of the companies that can be traced back to Bell System, an organizational structure of [[AT&T]], the largest private company in the U.S. with 1 million employees. The Bell System is a legally sanctioned, regulated monopoly under the Communications Act of 1934 with an objective "to make available for all the people of the United States a rapid, efficient nationwide...wire and radio communication service with adequate facilities at reasonable charge".<ref>[http://www22.verizon.com/investor/investor.portal_nfpb=true&_pageLabel=companyinfo_corporatehistory Corporate History]</ref>

On January 1 1984,a '''Divestiture''' occurred. The 22 local operating companies under AT&T split into seven regional holding companies (RHC).<ref>[http://www.referenceforbusiness.com/history2/47/Bell-Atlantic-Corporation.html Bell Atlantic Corp. Profile]</ref> The divestiture was part of the out court settlement agreement between AT&T and the US Department of Justice, which filed an anti-trust law suit against the company for unlawfully monopolizing the telecommunications market. The case lasted for 13 years and ended in 1982. Bell Atlantic Corporation was one of the seven companies formed as a result of the AT&T split up.<ref>[http://www22.verizon.com/investor/investor.portal?_nfpb=true&_pageLabel=companyinfo_corporatehistory Corporate History]</ref>

On January 1, 1984, a divestiture occurred. The 22 local operating companies under AT&T split into seven regional holding companies (RHC).<ref>[http://www.referenceforbusiness.com/history2/47/Bell-Atlantic-Corporation.html Bell Atlantic Corp. Profile]</ref> The divestiture was part of the out-of-court settlement agreement between AT&T and the US Department of Justice, which filed an anti-trust lawsuit against the company for unlawfully monopolizing the telecommunications market. The case lasted for 13 years and ended in 1982. Bell Atlantic Corporation was one of the seven companies formed as a result of the AT&T split.<ref>[http://www22.verizon.com/investor/investor.portal?_nfpb=true&_pageLabel=companyinfo_corporatehistory Corporate History]</ref>

Bell Atlantic Corp.was composed of Bell of Pennsylvania, C&P Telephone Companies of D.C., Maryland, Virginia and West Virginia; Diamond State Telephone, and New Jersey Bell serving the states Delaware, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia and the District of Columbia.The company's headquarter was located in Philadelphia.

Bell Atlantic Corp. was composed of Bell of Pennsylvania, C&P Telephone Companies of D.C., Maryland, Virginia and West Virginia; Diamond State Telephone, and New Jersey Bell serving the states Delaware, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia and the District of Columbia. The company's headquarters was located in Philadelphia.

===Bell Atlantic and NYNEX===

===Bell Atlantic and NYNEX===