Same deal with VZ and Fios. $24 billion spent merely as a stop gap measure to compete with cable’s triple play. It ultimately failed requiring the sell off of fGTE territory to Frontier. fBA survives only on the strength of its union contracts.
I always thought that Verizon was dumping the wrong side of the business. I’d rather try to do business in Texas than in New York. And selling the email accounts to AoL? I guess AoL has to buy customers, because they can’t get them any other way.
That issue aside, I’m still trying to figure out why Verizone is investing in a huge new office complex in the Metroplex. Are they going to get their phone service from Frontier or from AT&T?