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Tuesday, Mar 4, 2025

Verizon Weighs Sale of Directories Unit

Verizon Communications said on Sunday it would look at selling or spinning off its domestic directories publishing unit as it focuses on its wireless, high-speed data and corporate customers.


Verizon, which is buying long-distance phone firm MCI Inc. for $8.6 billion, said it would seek a deal to benefit shareholders, improve financial flexibility and reduce debt.


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