Verizon Looks At REIT Conversion, Options Open

By | August 13, 2014

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Verizon Communications says, “Everything is on the table” in regard to a possible spinoff of its rural wireline phone network as a REIT, a move taken recently by Windstream Communications. But analysts don’t expect a decision in the near term. Telecom stocks jumped on July 29 after rural-based Windstream (WIN) announced plans to spin off network assets, including fiber and copper networks, into an independent, publicly traded real estate Scalper1 News

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