Summary
Verizon suffered a setback Tuesday in its plans to sell its Washington telephone landlines to Frontier Communications in a proposed multibillion-dollar deal. The Washington Utilities and Transportation Commission staff recommended rejecting the sale, saying it would harm customers.
Verizon in May proposed to sell about 487,000 Washington phone lines, including its landline business in Camas and Washougal, as part of an $8.6 billion bid by Frontier to acquire 4.8 million Verizon phone lines in 14 states. Verizon would hold on to its wireless services and hand over its high-speed Internet, local and long-distance telephone, DirecTV and FiOS customers to Frontier.See the full content of this document
Extract
Verizon Plan to Sell Landlines Hits Bump
WUTC has been assessing the potential impact to customers as well as the financial stability of Frontier, which would t...
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