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Verizon in talks to sell wireline assets - report
2015-02-03 07:21:00| Telecompaper Headlines
(Telecompaper) Verizon is close to selling a package of assets including mobile towers and parts of its wireline business. The deals could be worth more than USD 15 billion, which Verizon would use to pay off debt and finance its recent spectrum purchases, people familiar with the matter told the Wall Street Journal. The deals will involve different buyers and could be announced as soon as later this week. CEO Lowell McAdam said in January that the company was open to selling assets that would reduce its wireline footprint.
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Verizon Is Near Deals to Sell More Than $15 Billion in Assets
2015-02-03 05:12:07| Telecom - Topix.net
Verizon Communications Inc. is close to selling a package of assets including cellphone towers and parts of its wireline business, a group of deals whose value could top $15 billion, people familiar with the matter said. The deals will involve different buyers and could be announced as soon as later this week, the people said.
Verizon Closed Higher on Possible $10 Billion Deal
2015-02-03 01:01:35| IT Services - Topix.net
The deal, which could be announced this week, involves multiple buyers, as Verizon works to cut down debt and cover the $10.4 billion it bid for licenses in last week's FCC wireless spectrum auction, Dow Jones added. New York City-based Verizon is a holding company that is engaged in delivering broadband and other wireless and wire-line communications services to consumer, business, government, and wholesale customers.
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AT&T and Verizon plan asset sales after auction, reports say
2015-02-03 01:00:00| Total Telecom industry news
U.S. companies looking to reduce debt and fund investments.
Verizon close to deals to sell over $10 billion in assets: WSJ
2015-02-03 00:02:36| Telecom - Topix.net
The planned sales include cellphone towers and parts of its landline phone business, the WSJ reported. As Verizon focuses on updating its network, the company would consider selling cellphone towers if it found an attractive deal, chief executive Lowell McAdam said on a January call with investors.
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