Verizon Boss Hangs Up on Landline Phone Business

Verizon is selling off most of its operations in rural areas and is spending billions to wire most of the rest of its territory with its FiOS fiber optic network.

FiOS, of course, offers voice calling as well as video and Internet service, but from now, on traditional phone service will be more of an add-on than the centerpiece of Verizon’s offerings to consumers (much as voice service is treated today by cable firms).

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