Verizon Communications is expecting to divest its Verizon Information Services, a directory publishing service.


Verizon Communications is expecting to divest its Verizon Information Services through a sale or a spin-off.

Iven Seidenberg, Chairman and CEO, Verizon, said, “With the MCI merger expected to close shortly, this is the right time for us to optimize our business mix and unlock value.” [Source]

Verizon has an annual revenue of around $71 billion from its four business segments:

Domestic Telecom
Domestic Wireless
Information Services and
International.

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