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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 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.
Verizon Near Deals to Sell Over $10 Billion in Assets
2015-02-02 20:56:38| IT Services - 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 that will bring in more than $10 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.
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PKN Orlen writes down approximately $110m on Canadian assets
2015-01-26 01:00:00| Hydrocarbons Technology
PKN Orlen, a Poland-based integrated oil company, has taken a writedown of approximately $110m on its Canadian assets as the worth of the petroleum reserves have become less due to the shrinking global oil prices.
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