Verizon FiOS Sale To Foreign Buyer Has Hurdles [telecom]

Verizon Communications' potential sale of its wireline phone business, including FiOS TV and Internet services, to a foreign buyer would be complicated by its presence in the nation's capital, as well as by pension liabilities, says Barclays in a report.

Amir Rozwadowski, the Barclays analyst, discusses a wireline divestiture as part of a broad analysis of Verizon's strategic plans. Citigroup last week speculated that French telecom firm Altice could buy Verizon's local, residential wireline business, including its FiOS TV and Internet business, as IBD reported.

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Bill Horne
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