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SUBSEQUENT EVENT | 6 Months Ended
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Jun. 30, 2016
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SUBSEQUENT EVENT | 14. SUBSEQUENT EVENTS See Note 4 for a discussion of the Innovative Transaction. On August 8, 2016, the Company announced that it had entered into an agreement to sell its U.S. Wireline business in the Northeast, including its integrated voice and data operations in New England, and its wholesale transport operations in New York. Following the completion of the sale, the Company will retain its wholesale long-distance business in its “U.S. Telecom” segment. The transaction is expected to close early 2017, following the satisfaction of customary regulatory approvals.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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