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Verizon gets $15 billion from wireline sale, tower leasing deal

2015-02-06 00:10:52| Telecom - Topix.net

Verizon Communications will make almost $15 billion from selling part of its wireline business and leasing thousands of wireless towers. The largest U.S. cellphone carrier is selling its California, Florida and Texas wireline businesses, which serve phone, TV and Internet customers, to Frontier Communications Corp. for $9.9 billion in cash.

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Category:Telecommunications

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