Posted on October 2, 2009 by smsgov
The New York Times has reported that Verizon has agreed to sell divisions that offer service to 4.8 million phone lines in 14 states to Frontier Communications for $3.3 billion in cash and $5.2 billion in Frontier stock. Hearings are set to hash out the details but if it all goes through as planned the deal will triple the size of Frontier, a collection of rural phone companies. As part of the reported deal, Verizon will wind up owning at least two-thirds of Frontier’s shares. The move allows Verizon to concentrate on its wireless business and on serving large companies. The company says that after the deal, only 15 percent of its revenue will come from residential customers.
Filed under: Information | Tagged: phone service, telecommunications, toll free, wireless | Leave a comment »
Posted on October 2, 2009 by smsgov
There is a misconception that changing toll free carriers will cause an interruption in phone service. Carriers need to make sure subscribers understand that in most instances service can be transferred without any down time. If working with quality companies, the subscriber should fine the transfer to be seamless. The bulk of the work is completed before the new phone company forwards a transfer request and this process should take just a few days. To educate the consumer, toll free providers should discuss the transfer process with potential subscribers who may be suffering with poor quality toll free service because they fear costly interruptions if they transfer.
Filed under: Information | Tagged: 1-800, toll free, toll free transfer | Leave a comment »