Thursday, February 01, 2007

VZ Selling Off

Verizon sold off KY to AllTel (now Windstream) years ago. Then Hawaii to Carlyle Group. Now it is hoping to get approval to sell Maine-NH-VT to FairPoint (but a few local ISP's and CLEC's there think it is a bad idea). Rumor has it Michigan is next. Some think they are selling off rural to focus on Metro and FiOS. Others think that by selling off rural they will be able to monopolize metro areas since price caps will be affected by the shrinking number of lines due to asset sales. BTW, "Verizon sold its New England business to FairPoint for about $1,800 per line."

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