The reason they do this is to pull this off their balance sheets, they get rid of unprofitable lines, getting the liability off the balance sheet, while retaining a stake of control in the region, so they can get cheap access fees to the region.
For the 4th time, Verizon is not going to control the company. I am going to control the company and I don't want to. Do you want to? Buy my Fartpoint stock.