Verizon unloads more than 11,000 towers to American Tower for $5 billion cash Pub Feb 2016 Bye Bye....
Read an article that the wire division only contributed 7% of VZs total profit Maybe they can dump it to Frontier or Fairpoint et al and get rid of it as they have done in the past Dying division and a drag
So I am buying its bonds as expect some value most debt POOF! and will end up with stock Now all they have to do is get rid of current management
not needed til the arabs lower their output to raise prices then fracking etc comes on, with attendant pipes to stabilize the prices my guess in constant dollars in next decade, baring a mid east blow uo $60 bbl