Verizon sells remaining East Coast payphone assetts to Pacific Telemanagement Services

Verizon Communications Inc. (NYSE–VZ) today announced the sale of its remaining East Coast Public Communications division to a San Francisco Bay Area based company, Pacific Telemanagement Services (PTS–private).

This asset purchase, in addition to PTS’ purchases of AT&T Pub Com in 2006 and the Verizon – West Coast in 2009, creates the largest payphone service provider (PSP) in the United States. PTS now has coverage in 48 states, with 8 major hub offices located in CA, MS, NY, TX, IL, FL, OH, VA.

If you would like more information on this topic, or to schedule an interview with Mr. Lubushkin, please call Mimi Zumbo at 925-553-3634 or email Mimi at mimiz@jaroth-pts.com

Contact: Doug Lubushkin
Telephone: 866-227-7307
Cell Phone: 702-596-9313