Thread regarding Verizon Communications Inc. layoffs

Tower Bridge- cost savings

New cost saving plan:
https://www.mobileworldlive.com/verizon/verizon-agrees-3b-tower-deal-with-vertical-bridge/

Verizon struck a deal to give infrastructure company Vertical Bridge exclusive rights to operate, lease and manage more than 6,000 towers for $3.3 billion, as part of the US operator’s efforts to drive down costs and raise capital to invest in its network.

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As of June 2024, Verizon's total debt is $172.98 billion, which includes both current and non-current debts. This is made up of approximately $149 billion of gross debt and roughly $123 billion of net unsecured debt.

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