Page "Communications in Gibraltar" Paragraph 7

In 2001, BT sold its 50 % stake in Gibtel to GNC.

Both companies subsequently merged to form Gibtelecom, a joint venture between the Government of Gibraltar and Nynex's successor company, Verizon.

The name Gibtelecom begun to be used in July 2002, and as of 1 October 2003 this name was formally adopted by the company ( which up until then was still Gibraltar Nynex Communications ).

In April 2007, Verizon sold its shares to Telekom Slovenije which is the incumbent telecommunications operator in Slovenia and is quoted on the Ljubljana Stock Exchange.