Former American telecommunications company
Corporate HQ, 1095
Avenue of the Americas
NYNEX Corporation
was an American
telephone company
that served five states of
New England
(
Maine
,
Massachusetts
,
New Hampshire
,
Rhode Island
and
Vermont
) as well as most of the state of
New York
from January 1, 1984 to August 14, 1997.
History
[
edit
]
Formed on January 1, 1984 as the result of the
breakup of the Bell System
, NYNEX was a
Regional Bell Operating Company
which was made up of former
subsidiaries
of
AT&T
, these being
New York Telephone
and
New England Telephone
. The name NYNEX was an acronym for New York and New England while
X represented "the future".
[2]
[3]
[4]
[5]
Bell Atlantic
[
edit
]
NYNEX merged with
Bell Atlantic
on August 14, 1997, in what was at the time the second-largest merger in corporate history in America.
[6]
[7]
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
.
[8]
[9]
Bell Atlantic acquired
GTE
on June 30, 2000 to form
Verizon Communications
, the merger being first announced in April 2000.
[10]
[11]
NYNEX also operated
cable television
and telephone services in the United Kingdom with offices in
Waterlooville
(
Hampshire
),
Baguley
(
Manchester
),
Shoreham-by-Sea
(
West Sussex
),
Leatherhead
(
Surrey
) and
Antrim
(
Northern Ireland
).
[
citation needed
]
Virgin Media
[
edit
]
In 1996, NYNEX's UK assets were merged with the subsidiary of
Cable & Wireless
,
Mercury Communications
, as well as cable operators
Videotron
and Bell Cablemedia, and the new business was subsequently renamed Cable & Wireless Communications.
[12]
[13]
Cable & Wireless’ cable assets were sold to
NTL
in July 1999.
[14]
[15]
The acquisition was completed in May 2000.
[16]
[17]
NTL then merged with
Telewest
in March 2006 to form
NTL:Telewest
, and was later rebranded on February 8, 2007 as
Virgin Media
.
[18]
[19]
[20]
Criticism
[
edit
]
The State of New York impounded $4.1 million of regulated fees collected by NYNEX in August 1996 for failing to meet specific service metrics that had been set by the public utility commission in its order setting service rates.
[21]
[22]
In 1995, the state of
New York
proposed a new turnaround plan intended to help NYNEX improve its customer service. However, there were concerns that it would not work and that the rate reductions proposed by the plan would be too inconsistent.
[23]
See also
[
edit
]
References
[
edit
]
- ^
"Bell Atlantic and NYNEX Agree to Merger of Equals"
.
verizon.com
. 1996-04-22.
- ^
"CASSATA v. NEW YORK NEW ENGLAND EXCHANGE"
.
caselaw.findlaw.com
. 21 May 1998
. Retrieved
4 November
2020
.
- ^
"Verizon Corporate Offices ? Lower Manhattan, NY ? 2012"
.
themuseumoftelephony.wordpress.com
. 1 March 2015
. Retrieved
4 November
2020
.
- ^
"LI architecture icon dies"
. libn.com. 22 January 2018. Archived from
the original
on 23 January 2018
. Retrieved
4 November
2020
.
- ^
"Can You Hear Him Now? Leadership Lessons from Verizon's Ivan Seidenberg"
.
knowledge.wharton.upenn.edu
. 15 July 2009
. Retrieved
4 November
2020
.
- ^
Mills, Mike (23 April 1996).
"Bell Atlantic and Nynex Accept $27 Billion Merger; New Telco Rivals AT&T"
.
tech.mit.edu
. Retrieved
15 April
2012
.
- ^
"DIAL "M" FOR MERGER"
. www.wsj.com. 22 April 1996. Archived from
the original
on 4 January 2012
. Retrieved
4 November
2020
.
- ^
Adelman, Jacob (18 April 2017).
"Verizon fades from forerunner's namesake Philly tower, as rival Comcast's presence grows"
.
inquirer.com
. Retrieved
4 November
2020
.
- ^
Landler, Mark (8 September 1997).
"Nynex Is Gone, But Its Name Has Yet to Go"
.
nytimes.com
. Retrieved
21 June
2021
.
- ^
Schiesel, Seth (4 April 2000).
"Bell Atlantic and GTE Pick Post-Merger Name"
. nytimes.com
. Retrieved
4 November
2020
.
- ^
Schiesel, Stephen Labaton (17 June 2000).
"F.C.C. Approves Bell Atlantic-GTE Merger, Creating No. 1 Phone Company"
. nytimes.com
. Retrieved
4 November
2020
.
- ^
Cauley, Leslie; Calian, Sara (23 October 1996).
"Cable & Wireless Plans Merger With Nynex, Bell Canada Units"
. www.wsj.com
. Retrieved
8 December
2019
.
- ^
"Form 10-K405 Nynex Corp"
.
sec.report
. 27 March 1997. Archived from
the original
on 11 October 2021
. Retrieved
3 March
2021
.
- ^
Staff, MediaTel (26 July 1999).
"NTL Spends £8.2bn On Cable & Wireless Communications"
. mediatel.co.uk
. Retrieved
4 November
2020
.
- ^
Bannister, Nicholas (27 July 1999).
"NTL buys CWC for £8.17bn"
. theguardian.com
. Retrieved
4 November
2020
.
- ^
"Cable & Wireless PLC (CW.)"
.
investegate.co.uk
. 17 May 2000
. Retrieved
4 November
2020
.
- ^
"CWC/NTL: Competition Commission clears merger"
.
cms-lawnow.com
. 23 March 2000
. Retrieved
4 November
2020
.
- ^
"NTL Inc (NTL)"
.
investegate.co.uk
. 4 April 2006
. Retrieved
4 November
2020
.
- ^
Sweney, Mark (2 February 2007).
"NTL pushes Virgin Media rebrand"
. theguardian.com
. Retrieved
4 November
2020
.
- ^
Banham, Mark (8 November 2006).
"NTL Telewest and Virgin Mobile combine as Virgin Media"
. campaignlive.co.uk
. Retrieved
4 November
2020
.
- ^
Hernandez, Raymond (23 August 1996).
"Nynex Fined $4.1 Million For a Year of Poor Service"
.
The New York Times
. Retrieved
15 April
2012
.
- ^
Feiden, Douglas (29 April 1996).
"Nynex Flunks Out Service Gets An F"
.
NY Daily News
. Retrieved
15 April
2012
.
- ^
"A Poor Plan for Nynex"
.
The New York Times
. 1 June 1995
. Retrieved
15 April
2012
.
External links
[
edit
]
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First generation
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1929
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1956
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1975
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1984
Divestiture
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1991?1993
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1996
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1997
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2001
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