Verizon hawking traditional phone lines

Verizon Communications believes wireless and broadband are the future as it looks to sell off traditional phone lines, which have a value of up to $8 billion--a significant amount of cash to launch an offer for Vodafone's stake in Verizon Wireless. Specifically, it wants to sell off those traditional phone line assets that aren't scheduled for fiber upgrades. Since Verizon can't offer broadband with them, they aren't of much value, but it appears they aren't much value to others either since the company has not had much success pushing them. The possible deals involve lines in Vermont, New Hampshire and Maine as well as another package in Indiana, Illinois, Ohio and Michigan.

To read more about Verizon's possible sale of its phone lines:
- take a look at this article from The Wall Street Journal (sub. req.)

Sponsored by ADI

What if we were never truly alone? Our next-gen communications technology can help people in even the most remote places stay connected.

What if there were no ocean, desert, mountain or event that could ever keep us from telling our stories, sharing discoveries or asking for help? ADI’s next-gen communications technology could keep all of us connected.

Suggested Articles

It’s been a tough year on many fronts, but here’s a list of what I think are the five worst moves in the wireless industry in 2020.

NaaS gives CSPs automated control over their networks, cost savings, speed to market, and a better customer experience.

During a recent presentation, T-Mobile's President of Technology Neville Ray again referred to “the overpromise and over commit" of millimeter wave.