The Business Times

Verizon

Global Enterprise

Verizon cutting more than 13,000 jobs as it restructures

Most of the cuts are to its US workforce

Verizon last month sold the right to lease thousands of towers in a deal that allowed it to lease back capacity.
Telcos, Media & Tech

Verizon to buy US$1 billion of spectrum assets from US Cellular

The announcement came amid a push for US wireless companies to focus more on their core business

Under terms being discussed, Verizon would enter into a 10-year agreement to lease back capacity on the towers, which are located in all 50 states and Washington, DC, from Vertical Bridge.
International

Verizon agrees to US$3.3 billion towers deal with Vertical Bridge

Verizon Communications, the biggest wireless carrier in the US, is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, people familiar with the m...

The deal will also help Verizon better compete against rivals AT&T and T-Mobile as they double down on unlimited plans and bundling options.
Companies & Markets

Verizon to buy Frontier in US$20 billion deal to boost fibre network in US

Frontier has a total debt of US$11.25 billion as of June 30, which will be refinanced by Verizon as part of the deal

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