Verizon Sells Rural Access Lines to Frontier for $8.6B

By May. 13, 2009, 7:41am PT 10 Comments

What a deal! Verizon Communications today unveiled plans to dump roughly 14 percent of its expensive copper lines in exchange for $8.6 billion from Frontier Communications. The transaction, which is expected to close within the next year, will make Frontier the nation’s fifth-largest incumbent… Read More »