99 year leases on 1f to VZW.. frontier purchases. Selling dark fiber, how long before the wireless side is divested? Clearly they keep reducing non union employees numbers to make it a much more appealing sell and locking in the fiber leases secures revenue. The ducks are in a row
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I believe Vz next move is 2027,3rd Q, announce a merger with a large Cable Company or aquisition of Brightspeed.
Former Vz Execs moved to Frontier and Brightspeed... one down one to go.
Selling the most successful part of the company? Right after purchasing Frontier to expand their fiber presence? Also while currently putting offera that combine wireless and FiOS onto one plan?
No.
@OP Wireless is still very profitable despite all the self-inflicted wounds and the whole telecom industry is counting on bundling to reduce churn and improve profitability. That was the rationale behind acquiring Frontier. It would make no sense whatsoever to divest wireless.
@OP Somebody gets it 👍