{"id":2041,"date":"2015-02-20T21:03:47","date_gmt":"2015-02-21T02:03:47","guid":{"rendered":"http:\/\/covingtonestateshoa.com\/?p=2041"},"modified":"2015-02-20T21:03:47","modified_gmt":"2015-02-21T02:03:47","slug":"verizon-sells-its-tampa-bay-tv-internet-landline-phone-services-to-frontier","status":"publish","type":"post","link":"https:\/\/covingtonestateshoa.com\/?p=2041","title":{"rendered":"Verizon sells its Tampa Bay TV, Internet, Landline Phone Services to Frontier"},"content":{"rendered":"<p style=\"text-align: justify;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-medium wp-image-2042\" src=\"http:\/\/covingtonestateshoa.com\/wp-content\/uploads\/2015\/02\/Combo_Verizon_Frontier1-300x143.jpg\" alt=\"Combo_Verizon_Frontier1\" width=\"300\" height=\"143\" srcset=\"https:\/\/covingtonestateshoa.com\/wp-content\/uploads\/2015\/02\/Combo_Verizon_Frontier1-300x143.jpg 300w, https:\/\/covingtonestateshoa.com\/wp-content\/uploads\/2015\/02\/Combo_Verizon_Frontier1.jpg 480w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><a class=\"saveLink\" href=\"http:\/\/www.bizjournals.com\/profiles\/company\/us\/ny\/new_york\/verizon_communications_inc\/117103\">Verizon<\/a>\u00a0Communications is selling its telephone, Internet and video operations in Florida and two other states to Frontier Communications for $10.5 billion in cash.<\/p>\n<p style=\"text-align: justify;\">After the scheduled close of the deal, in the first half of 2016, Frontier will provide wireline services to residential, commercial and wholesale customers.<\/p>\n<p style=\"text-align: justify;\">The Verizon properties that Frontier is buying include 3.7 million voice connections, 2.2 million broadband connections, and 1.2 million FiOS video connections in Florida, California and Texas,\u00a0<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/20520\/000119312515035522\/d868145dex991.htm\" target=\"_blank\">a statement said<\/a>.<\/p>\n<p style=\"text-align: justify;\">Those three states are the three remaining Verizon GTE platform states, according to\u00a0<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/20520\/000119312515035522\/d868145dex992.htm\" target=\"_blank\">an<\/a>\u00a0<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/20520\/000119312515035522\/d868145dex992.htm\">investor presentation<\/a>\u00a0filed with the U.S. Securities and Exchange Commission.<\/p>\n<p style=\"text-align: justify;\">Frontier (NASDAQ: FTR), based in Stamford, Connecticut, earlier converted 13 GTE platform states as part of a 2010 deal with Verizon. Frontier currently operates the bundled phone-Internet-television high-speed FiOS service in Washington, Oregon, Indiana and South Carolina, and its system is ready for expanded FiOS operations, the filing said.<\/p>\n<p style=\"text-align: justify;\">Verizon (NSYE, NASDAQ: VZ) said in its own\u00a0<a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/732712\/000119312515035423\/d868262dex991.htm\" target=\"_blank\">press statement<\/a>\u00a0that it wants to concentrate its wireline operations on the East Coast.Verizon Wireless and Verizon Enterprise Solutions are not part of the deal, Verizon said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Verizon\u00a0Communications is selling its telephone, Internet and video operations in Florida and two other states to Frontier Communications for $10.5 billion in cash. After the scheduled close of the deal, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=\/wp\/v2\/posts\/2041"}],"collection":[{"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2041"}],"version-history":[{"count":1,"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=\/wp\/v2\/posts\/2041\/revisions"}],"predecessor-version":[{"id":2043,"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=\/wp\/v2\/posts\/2041\/revisions\/2043"}],"wp:attachment":[{"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/covingtonestateshoa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}