Scalper1 News
Rising interest rates normally pose issues for telecom stocks, but Verizon Communications (VZ) might see upside if rising rates reduces its pension liabilities, helping enable a sale of its residential wireline FiOS business. Analysts have been speculating over a Verizon sale of its residential wireline business. The company has focused on wireless services since buying out Vodafone’s (VOD) 45% stake in their Verizon Wireless joint venture for Scalper1 News
Scalper1 News