Home › Verizon to buy fiber-optic business for about $1.8 billion
 

Keywords :   


Verizon to buy fiber-optic business for about $1.8 billion

2016-02-22 17:22:04| Telecom - Topix.net

Verizon says it will pay $1.8 billion to buy the fiber-optic network business of XO Communications, in a deal that the wireless phone company said would boost the networks of its customers. New York-based Verizon Communications Inc. says it will also rent XO's wireless spectrum and has the option to buy the spectrum at the end of 2018.

Tags: business buy billion verizon

Category:Telecommunications

Latest from this category

All news
»
05.11Registration Now Open for RadTech 2025
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Public Advisory Number 7A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
More »