Verizon shifts its focus to Internet

My spin Verizon is falling on tough times with investors…but overall it’s doing pretty well. It’s wireless service is absolutely great.
News Clip: NEW YORK — Verizon Communications Inc. Chief Executive Officer Ivan Seidenberg is coming to grips with what investors say was inevitable.
He couldn’t stem the steady defection of customers from Verizon’s local-telephone business, so he’s taking on cable television companies in an attempt to revive sales with Internet customers. (full story)
Sadly though 1300 jobs are going to be cut (full story in Newsday)


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