Verizon weighs $10 Billion sale of enterprise assets [telecom]

open original image

Liana B. Baker and Greg Roumeliotis

NEW YORK -- Verizon Communications Inc. is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business.

The sale would include the business formerly known as MCI, which provides landline and Internet services for large business customers, as well as Terremark, its data center unit, the people said this week.