Verizon signs technology deal with HCLTech
Verizon, the No. 1 US telecom company by subscribers, said on Thursday it had signed a technology deal with India's HCLTech to help manage networks for business customers in a bid to stem a decline in its wireline business.
Verizon's wireline business, which includes selling to business customers, has been a drag on its revenue for several years. Image Source: Reuters