Verizon blames net neutrality plans as it sells off wireline operations
Verizon Communications will sell its local wireline operations in California, Florida and Texas for $10.5 billion, citing uncertainty around federal Internet regulation as one reason for the move.Following the sale to Frontier Communications, Verizon will concentrate its operations in the Northeast where its wireline business is growing faster, company executives said. The sale includes Verizon’s voice, DSL (digital subscriber line), and FiOS fiber-optic Internet and TV services, but not Ve
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