Windstream Tax Tactic Lifts Telecommmunications Sector - Presented by: The Aol. On Network

After rural landline telephone company Windstream said it had gotten the go-ahead from the Internal Revenue Service to spin off its fiber and copper networks into a REIT in order to take advantage of tax benefits, its stock soared 23 percent. But not only its competitors like Frontier and CenturyLink got the benefit of the potential for tax savings, so did telecom Level 3 Communications and cable operator Cablevision.



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