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Verizon New England
Verizon New England, Inc. is a Bell Operating Company that serves most of Massachusetts and all of Rhode Island. It was formerly New England Telephone and Telegraph Company, more commonly known as New England Telephone, which for seven decades served most of the New England area of the United States as a part of the original AT&T. New England Telephone's coverage area included Maine, New Hampshire, and Vermont as well as Massachusetts and Rhode Island, but Verizon sold off service in the northern three states, which as of 2020 are served by Consolidated Communications. After the Bell System divestiture, New England Telephone merged with New York Telephone to form NYNEX in 1984. NYNEX was acquired by Bell Atlantic in 1997. In 2000, Bell Atlantic bought GTE and changed its own name to Verizon. New England Telephone was then renamed Verizon New England. History New England Telephone & Telegraph Company (N.E.T.&T. Co.) was incorporated in the State of New York in 1883 by con ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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