CWA Statement on Media Reports that Verizon May Sell Assets

Washington, D.C. – The Wall Street Journal and other media outlets are reporting that Verizon Communications will announce a sale of some wireline and other assets.

CWA President Larry Cohen issued this statement:

"We expect some assets to be sold and this will require full regulatory review. CWA will be very active at the Federal Communications Commission and in the regulatory process at state levels. Our first priority will be jobs, and second, ensuring that the standard of living of our members and the service quality provided to our communities is preserved and strengthened."

Verizon Near Deals to Sell $15 Billion in Assets (The Wall Street Journal, Feb. 2, 2015)