Verizon sells local operations to Frontier

The Tampa Bay region's relationship with Verizon is coming to an end after Verizon Communications Inc. agreed to sell its wireline operations in Florida, Texas and California to Frontier Communications Corp.

The $10.5 billion sale includes $9.9 billion in cash, and $600 million in assumed debt. It involves 3.7 million voice connections, 2.2 million high-speed data customers, 1.6 million FiOS Internet customers, and 1.2 million FiOS video customers, as well as 11,000 employees.

What it doesn't include, according to Verizon's filings with the U.S. Securities and Exchange Commission, is Verizon Wireless or Verizon Enterprise Solutions.