Dex Media
Encyclopedia
Dex Media, Inc. was a print and interactive marketing company. It was acquired by R.H. Donnelley
, which became Dex One Corporation in February 2010. Dex Media was formerly known as QwestDex, US West Dex, US West Direct, Mountain Bell Yellow Pages, Northwestern Bell Yellow Pages, and Pacific Northwest Bell Yellow Pages.
In 2000, Qwest Communications International acquired U S West. As a result, U S West was renamed Qwest, and U S West Dex, Inc. was renamed Qwest Dex, Inc. In 2002, Qwest underwent a drastic reorganization, and Qwest searched for a buyer for QwestDex, Inc.
, along with other private investors, led a $7.5 billion buyout of QwestDex. The buyout was the third largest corporate buyout since 1989.
QwestDex's purchase occurred in two stages. In November 2002, directory operations in Colorado
, Iowa
, Minnesota
, Nebraska
, New Mexico
, North Dakota
& South Dakota
were acquired for $2.75 billion. These operations were known as Dex Media East LLC. In 2003, directory operations in Arizona
, Idaho
, Montana
, Oregon
, Utah
, Washington and Wyoming
were acquired for $4.30 billion. These operations became known as Dex Media West LLC.
After completion of the formation of Dex Media, Dex signed a 50-year agreement with Qwest
to be the official directory provider to Qwest local telephone customers.
In July 2004, Dex Media went public and began trading on the NYSE under the ticker "DEX".
On October 3, 2005, R. H. Donnelley Corporation announced its intent to acquire Dex Media. RHD's acquisition of Dex was completed on January 31, 2006. Following RHD's bankruptcy, it renamed itself Dex One
Corporation retaining its headquarters in Cary, North Carolina
.
R.H. Donnelley
Dex One Corporation provides online, mobile and print search marketing via their DexKnows.com website, print yellow pages directories and pay-per-click ad networks in the U.S.-History:...
, which became Dex One Corporation in February 2010. Dex Media was formerly known as QwestDex, US West Dex, US West Direct, Mountain Bell Yellow Pages, Northwestern Bell Yellow Pages, and Pacific Northwest Bell Yellow Pages.
U S WEST Dex
In 1991, U S WEST began marketing its telephone services under the one "U S West" name. U S WEST, in 1995, divided its companies into two core divisions: U S WEST Communications, and U S WEST Media Group. U S WEST placed its directory operations in the hands of the Media Group, creating U S WEST Dex. U S WEST Dex, Inc. became the new name of U S West's publishing company.QwestDex
Dex Media
On August 20, 2002, The Carlyle Group, Welsh, Carson, Anderson & StoweWelsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe is a private equity investment firm in the United States. Founded in 1979, it has organized 14 limited partnerships with total capital over $16 billion and is currently in the process of raising a new $4 billion private equity fund Welsh, Carson Anderson & Stowe XI...
, along with other private investors, led a $7.5 billion buyout of QwestDex. The buyout was the third largest corporate buyout since 1989.
QwestDex's purchase occurred in two stages. In November 2002, directory operations in Colorado
Colorado
Colorado is a U.S. state that encompasses much of the Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains...
, Iowa
Iowa
Iowa is a state located in the Midwestern United States, an area often referred to as the "American Heartland". It derives its name from the Ioway people, one of the many American Indian tribes that occupied the state at the time of European exploration. Iowa was a part of the French colony of New...
, Minnesota
Minnesota
Minnesota is a U.S. state located in the Midwestern United States. The twelfth largest state of the U.S., it is the twenty-first most populous, with 5.3 million residents. Minnesota was carved out of the eastern half of the Minnesota Territory and admitted to the Union as the thirty-second state...
, Nebraska
Nebraska
Nebraska is a state on the Great Plains of the Midwestern United States. The state's capital is Lincoln and its largest city is Omaha, on the Missouri River....
, New Mexico
New Mexico
New Mexico is a state located in the southwest and western regions of the United States. New Mexico is also usually considered one of the Mountain States. With a population density of 16 per square mile, New Mexico is the sixth-most sparsely inhabited U.S...
, North Dakota
North Dakota
North Dakota is a state located in the Midwestern region of the United States of America, along the Canadian border. The state is bordered by Canada to the north, Minnesota to the east, South Dakota to the south and Montana to the west. North Dakota is the 19th-largest state by area in the U.S....
& South Dakota
South Dakota
South Dakota is a state located in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux American Indian tribes. Once a part of Dakota Territory, South Dakota became a state on November 2, 1889. The state has an area of and an estimated population of just over...
were acquired for $2.75 billion. These operations were known as Dex Media East LLC. In 2003, directory operations in Arizona
Arizona
Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...
, Idaho
Idaho
Idaho is a state in the Rocky Mountain area of the United States. The state's largest city and capital is Boise. Residents are called "Idahoans". Idaho was admitted to the Union on July 3, 1890, as the 43rd state....
, Montana
Montana
Montana is a state in the Western United States. The western third of Montana contains numerous mountain ranges. Smaller, "island ranges" are found in the central third of the state, for a total of 77 named ranges of the Rocky Mountains. This geographical fact is reflected in the state's name,...
, Oregon
Oregon
Oregon is a state in the Pacific Northwest region of the United States. It is located on the Pacific coast, with Washington to the north, California to the south, Nevada on the southeast and Idaho to the east. The Columbia and Snake rivers delineate much of Oregon's northern and eastern...
, Utah
Utah
Utah is a state in the Western United States. It was the 45th state to join the Union, on January 4, 1896. Approximately 80% of Utah's 2,763,885 people live along the Wasatch Front, centering on Salt Lake City. This leaves vast expanses of the state nearly uninhabited, making the population the...
, Washington and Wyoming
Wyoming
Wyoming is a state in the mountain region of the Western United States. The western two thirds of the state is covered mostly with the mountain ranges and rangelands in the foothills of the Eastern Rocky Mountains, while the eastern third of the state is high elevation prairie known as the High...
were acquired for $4.30 billion. These operations became known as Dex Media West LLC.
After completion of the formation of Dex Media, Dex signed a 50-year agreement with Qwest
Qwest
Qwest Communications International, Inc. was a large United States telecommunications carrier. Qwest provided local service in 14 western U.S. states: Arizona, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, and Wyoming.On April...
to be the official directory provider to Qwest local telephone customers.
In July 2004, Dex Media went public and began trading on the NYSE under the ticker "DEX".
On October 3, 2005, R. H. Donnelley Corporation announced its intent to acquire Dex Media. RHD's acquisition of Dex was completed on January 31, 2006. Following RHD's bankruptcy, it renamed itself Dex One
Dex One
Dex One Corporation provides online, mobile and print search marketing via their DexKnows.com website, print yellow pages directories and pay-per-click ad networks in the U.S.-History:...
Corporation retaining its headquarters in Cary, North Carolina
Cary, North Carolina
Cary is a large town and suburb of Raleigh, North Carolina in Wake and Chatham counties in the U.S. state of North Carolina. Located almost entirely in Wake County, it is the second largest municipality in that county and the third largest municipality in The Triangle after Raleigh and Durham...
.