Ron Burgundy Posted February 2, 2015 Share Posted February 2, 2015 (Reuters) - Verizon Communications Inc is nearing wrapping up deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter. The planned sales include cellphone towers and parts of its landline phone business, the WSJ reported. "There are certain assets on the wireline side that we think would be better off in somebody else's hands so we can focus our energy in a little bit more narrow geography," McAdam said. Divesting assets could also help Verizon repurchase some shares it issued after it announced the Vodafone deal, he added. View the full article Quote Link to comment Share on other sites More sharing options...
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