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May 24, 2004

Leaving Landlines Behind?

Interesting article about the trend of carriers selling off their landline businesses to invest in growth areas, with Verizon as the poster child.

Verizon Wireless started life as one of the regional carriers that resulted from the breakup of AT&T as the landline monopoly in the US. Like other regional landline operators here, they launched a wireless service, which has grown to a nationwide footprint. Verizon is now moving away from their original business, selling off landline properties in less populated area to fund their wireless and fiber investments.

Hmm.... given these trends, wireless content & services sure looks like a growth area...

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