Matthouse

Qwest discussing a wireless deal with Verizon

Once again we turn to CNET’s news.com for this article, which says that Qwest (the phone company) is in touch with Verizon (the wireless company).  For a number of years, Qwest has sold bundled wireless service that they resell from Sprint along with their home phone and broadband services.  According to the article, Qwest is unhappy with the terms of the deal, and is looking for a “more tightly integrated partnership”.

Of course investors might be looking to Qwest to come up a wireless merger/aquisition, since they are currently the only major phone company that isn’t part of a wireless company.  Wireless isn’t profitable, as I’ve pointed out before (and the article mentions), but they want to get subscribers locked into bundled packages with their other, more profitable services.