In 1997, the Federal Communications Commission approved the $23 billion dollar merger between Bell Atlantic Corp. and NYNEX.<ref>[http://www.fcc.gov/Bureaus/Common_Carrier/News_Releases/1997/nrcc7059.html FCC Press Release]</ref> Bell Atlantic was retained as the name of merged company and the main office in New York. Raymond W. Smith of Bell Atlantic retained its position as Chairman after the merger while Ivan G. Seidenberg, of NYNEX, became Vice Chairman, President and Chief Operating Officer. When Smith retired in 1998, Seidenberg assumed as Chairman and CEO of the company. The merger of Bell Atlantic and NYNEX is the beginning of the present Verizon Wireless.<ref>[http://www22.verizon.com/investor/investor.portal?_nfpb=true&_pageLabel=companyinfo_corporatehistory Bell Atlantic-NYNEX Merger]</ref> | In 1997, the Federal Communications Commission approved the $23 billion dollar merger between Bell Atlantic Corp. and NYNEX.<ref>[http://www.fcc.gov/Bureaus/Common_Carrier/News_Releases/1997/nrcc7059.html FCC Press Release]</ref> Bell Atlantic was retained as the name of merged company and the main office in New York. Raymond W. Smith of Bell Atlantic retained its position as Chairman after the merger while Ivan G. Seidenberg, of NYNEX, became Vice Chairman, President and Chief Operating Officer. When Smith retired in 1998, Seidenberg assumed as Chairman and CEO of the company. The merger of Bell Atlantic and NYNEX is the beginning of the present Verizon Wireless.<ref>[http://www22.verizon.com/investor/investor.portal?_nfpb=true&_pageLabel=companyinfo_corporatehistory Bell Atlantic-NYNEX Merger]</ref> |