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Frontier Communications is the likeliest phone company to follow Windstream Holdings in restructuring as a real estate investment trust (REIT) if institutional investors signal their approval, speculates Standard & Poor’s in a research report. Phone leaders AT&T (T) and Verizon Communications (VZ) are unlikely to go the REIT route, says S&P. Windstream (WIN), a rural-focused wireline phone company, announced plans in late July to spin off network Scalper1 News
Scalper1 News