Verizon Near Deals to Sell $10 Billion in Assets

Apparently, Verizon is close to selling a package of assets including cellphone towers and parts of its wireline business, a group of deals that will bring in more than $10 billion. The deals will involve different buyers and could be announced soon. The deals comes as Verizon is working to pay down debt and cover the $10.4 billion in wireless licenses it won in a government auction.