Verizon spins off New England local exchanges

Opinion
Jan 17, 20071 min

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Verizon spins off New England local exchanges, 01/16/07

Verizon will spin off its local telephone exchanges in Maine, New Hampshire and Vermont, giving control to FairPoint Communications, a telecom carrier specializing in rural and small urban markets, the companies announced Tuesday.

India’s Wipro posts strong growth in revenue, profits, 01/17/07

India’s third largest outsourcer, Wipro, Wednesday reported strong growth in revenue and profits for the quarter ended Dec. 31, 2006 a trend for Indian outsourcing companies during the quarter.