Alternating copolymers comprised of (meth)acrylates and vinyl ethers with controlled molecular weights and polydispersities were synthesized for the first time by living radical polymerization using organotellurium, stibine, and bismuthine chain transfer agents. Combining living alternating copolymerization and living radical or living cationic polymerization afforded hitherto unavailable block copolymers with controlled macromolecular structures.