Northern New England Spinco
Encyclopedia
Northern New England Spinco, Inc. was a Verizon Communications
subsidiary created in 2007. Its sole purpose of existence is to act as a reverse Morris trust
holding company for Verizon's assets owned by Bell Atlantic Communications
, NYNEX Long Distance
, and Verizon New England located within Maine
, New Hampshire
, and Vermont
. This company was spun off to Verizon stockholders on March 31, 2008 and was merged into FairPoint Communications
the same day.
Northern New England Spinco consists of the following three companies:
Verizon Communications
Verizon Communications Inc. is a global broadband and telecommunications company and a component of the Dow Jones Industrial Average...
subsidiary created in 2007. Its sole purpose of existence is to act as a reverse Morris trust
Reverse Morris trust
A Reverse Morris Trust is a transaction that combines a divisive reorganization with an acquisitive reorganization to allow a tax-free transfer of a subsidiary under United States law.- Structure :...
holding company for Verizon's assets owned by Bell Atlantic Communications
Bell Atlantic Communications
Verizon Long Distance LLC, formerly known as Bell Atlantic Communications, Inc. is the long distance arm of Verizon Communications that competes for long distance services across the United States...
, NYNEX Long Distance
NYNEX Long Distance
Verizon Enterprise Solutions LLC, formerly known as NYNEX Long Distance Company, is a long distance company owned by Verizon Communications. It became part of Bell Atlantic, later Verizon, when Bell Atlantic acquired NYNEX in 1997. Its primary clientele is business customers.Verizon Enterpise...
, and Verizon New England located within Maine
Maine
Maine is a state in the New England region of the northeastern United States, bordered by the Atlantic Ocean to the east and south, New Hampshire to the west, and the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is both the northernmost and easternmost...
, New Hampshire
New Hampshire
New Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, and the Canadian...
, and Vermont
Vermont
Vermont is a state in the New England region of the northeastern United States of America. The state ranks 43rd in land area, , and 45th in total area. Its population according to the 2010 census, 630,337, is the second smallest in the country, larger only than Wyoming. It is the only New England...
. This company was spun off to Verizon stockholders on March 31, 2008 and was merged into FairPoint Communications
FairPoint Communications
FairPoint Communications, Inc. is headquartered in Charlotte, North Carolina, and operates communication services in 32 markets in 18 states, mostly in rural areas....
the same day.
Northern New England Spinco consists of the following three companies:
- Northern New England Telephone OperationsNorthern New England Telephone OperationsNorthern New England Telephone Operations LLC is a telephone operating company founded in 2007 to take over the land lines in Maine and New Hampshire formerly operated by Verizon New England, a Bell Operating Company...
, a new local exchange carrierLocal exchange carrierLocal Exchange Carrier is a regulatory term in telecommunications for the local telephone company.In the United States, wireline telephone companies are divided into two large categories: long distance and local...
operating former Verizon New England lines in MaineMaineMaine is a state in the New England region of the northeastern United States, bordered by the Atlantic Ocean to the east and south, New Hampshire to the west, and the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is both the northernmost and easternmost...
and New HampshireNew HampshireNew Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, and the Canadian... - Telephone Operating Company of VermontTelephone Operating Company of VermontTelephone Operating Company of Vermont LLC is a telephone operating company owned by Northern New England Telephone Operations, a subsidiary of FairPoint....
, a new local exchange carrierLocal exchange carrierLocal Exchange Carrier is a regulatory term in telecommunications for the local telephone company.In the United States, wireline telephone companies are divided into two large categories: long distance and local...
operating former Verizon New England lines in VermontVermontVermont is a state in the New England region of the northeastern United States of America. The state ranks 43rd in land area, , and 45th in total area. Its population according to the 2010 census, 630,337, is the second smallest in the country, larger only than Wyoming. It is the only New England... - Enhanced Communications of Northern New England, long-distance operations formerly owned by Bell Atlantic CommunicationsBell Atlantic CommunicationsVerizon Long Distance LLC, formerly known as Bell Atlantic Communications, Inc. is the long distance arm of Verizon Communications that competes for long distance services across the United States...
, NYNEX Long DistanceNYNEX Long DistanceVerizon Enterprise Solutions LLC, formerly known as NYNEX Long Distance Company, is a long distance company owned by Verizon Communications. It became part of Bell Atlantic, later Verizon, when Bell Atlantic acquired NYNEX in 1997. Its primary clientele is business customers.Verizon Enterpise...
, and Verizon Select ServicesVerizon Select ServicesVerizon Select Services, Inc., formerly GTE Communications Corporation, is a long distance telephone company owned by Verizon Communications. The company was formerly a unit of GTE before its acquisition by Bell Atlantic in 2000....