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Verizon to sell fixed and mobile assets worth $15.6bn
2015-02-06 01:00:00| Total Telecom industry news
U.S. operators agrees to sell fixed assets to Frontier and to lease and sell mobile towers to American Tower.
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.
Verizon to sell assets worth $10 billion to Frontier: source
2015-02-05 02:36:37| IT Services - Topix.net
Verizon Communications is close to selling wireline assets worth $10 billion to regional telephone operator Frontier Communications Corp, a person familiar with the matter said on Wednesday. The largest U.S. carrier by subscribers, Verizon has been investing heavily in growing its wireless business while reducing spend on its broadband Internet and telephone services.
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Verizon cuts prices for most data plans by $10 per month
2015-02-04 21:17:11| IT Services - Topix.net
The largest US cellular giant, with more than 125 million customers as of its fourth-quarter earnings, said its cheapest monthly shared data plan of 1GB will now start at $30 per month. The cuts come at a time where Verizon, the market leader by user base, and other companies are battling T-Mobile, whose chief executive John Legere has spent the last two years shaking up the cellular industry.
More Airwaves for AT&T and Verizon
2015-02-04 12:44:23| Telecom - Topix.net
Consumers may see improved networks after AT&T and Verizon, the two largest U.S. wireless companies, spent billions in the government's latest airwaves auction. The auction, which ended Thursday, will raise $41.3 billion for the U.S. Treasury and various federal programs.
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