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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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