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SENATOR GILLMOR ANNOUNCES VERIZON TO DIVEST LANDLINE OPERATIONS


Date: 
05/19/2009

 

 

Senator Karen L. Gillmor

 26thOhio Senate District

Committees:

Health, Human Services & Aging

     Vice-Chair

Agriculture

Energy & Public Utilities

Insurance, Commerce & Labor

JCARR

                                                                                                                                   

 

FOR IMMEDIATE RELEASE:

Contact: Erica M Pitchford

Tuesday, May 19, 2009

614.466.8049

 

 

GILLMOR ANNOUNCES VERIZON TO DIVEST LANDLINE OPERATIONS

IN RURAL OHIO AREAS

MOVE WILL PROVIDE OHIO CUSTOMERS WITH IMPROVED SERVICE AND NEW PRODUCTS

 

COLUMBUS – State Senator Karen Gillmor (R- Tiffin) today announced Verizon Communications is planning to divest its local landline operations that serve residential and small-business customers in 14 states, including Ohio. The local operations will be acquired by Frontier Communications, which is based in Connecticut and currently has customers in 24 states.

 

“Verizon will concentrate on its other businesses such as wireless communications, while Frontier will bring its established expertise in rural service to our area,” said Senator Gillmor.

 

The transaction will make Frontier the largest provider of voice, broadband and video services focused on rural and smaller city markets in the nation. The company has a successful record of operating, acquiring and investing in rural telecommunications properties, having previously purchased landline assets from Verizon between 1993 and 2000. Frontier and Verizon will work together to ensure a smooth transition for employees and customers.

 

Frontier’s acquisition of Verizon’s local landline operations will require the approval of the Federal Communications Commission and the Public Utilities Commission of Ohio, a process that could take roughly 12 months to complete.