Windstream REIT Plan Could Be Game Changer
Telecom stocks jumped after Windstream (WIN) announced plans to spin off network assets, including fiber and copper networks, into an independent, publicly traded real estate investment trust. The phone company stocks rose on expectations that others might take the REIT route. But analysts say Windstream’s REIT plan faces regulatory hurdles, perhaps at the Federal Communications Commission, and it’s not clear whether other companies can replicate