Timeline to Vodafone's $130 Billion Verizon Deal
March 1994 - The "baby bell" Pacific Telesis spins off its AMPS mobile network as Airtouch.
July 1994 -- Airtouch and US West agree to joint venture and eventual merger of their wireless networks. Some overlapping assets sold to GTE Wireless.
Feb 1998 -- Merger of Airtouch and US West wireless networks completes. Enlarged company trading as Airtouch.
April 1999 - USA Inland Revenue Service (IRS) says that the merger of Vodafone with AirTouch will be tax-free for US shareholders.
April 1999 - Bell Atlantic terminates its 5-year old PrimeCo joint venture with Vodafone Airtouch.
June 1999 - Vodafone and Airtouch complete their merger.
July 1999 - Vodafone Airtouch buys CommNet for US$1.36 billion.
Aug 1999 - Vodafone Airtouch increases stake in Italy's Omitel to 21.6%.
Aug 1999 - Vodafone Airtouch transfers New Zealand subsidiary to Australia holding company.
Sept 1999 - Vodafone Airtouch and Bell Atlantic/GTE settle their differences and agree to merge their CDMA networks.
April 2000 - Merger of the US networks approved and starts trading as Verizon Wireless.
June 2000 - Bell Atlantic and GTE complete their unrelated merger to form Verizon Communications.
July 2000 - GTE's wireless operations became part of Verizon Wireless.
July 2000 - Vodafone drops Airtouch from its name.
Oct 1999 - Vodafone Airtouch sells 17.2% stake in E-Plus for US$1.86 billion as a condition of its earlier US merger.
Dec 2002 - Former Airtouch President and Chief Operating Officer, Arun Sarin takes over from Sir Chris Gent as CEO at Vodafone.
June 2007 - Vodafone rejects activist shareholder calls to sell Verizon stake and return US$58 billion to shareholders.
June 2008 - Verizon Wireless acquires regional wireless carrier Alltel for $28.1 billion
July 2011 - Vodafone received its first dividend payment from Verizon Wireless -- of US$4.5 billion.
May 2013 - Vodafone receives US$3.2 billion dividend payment from Verizon Wireless
Sept 2013 - Vodafone announces deal to sell its 45% stake in Verizon Wireless for $130 billion in cash and shares -- will return around US$90 billion to shareholders.