GTE Corp. said its GTE Telephone Operations unit will cut 2,600 positions in the U.S. in an effort to reduce costs. The telecommunications company said more than half of the cuts will come from the ...

GTE to cut jobs: GTE Telephone Operations, a unit of GTE Corp., will cut its work force by about 4,900 over the next four years due to its merger with Contel Corp. GTE merged with Contel in a $6.6 ...

Telephone company GTE Corp. said Wednesday it will sell 500,000 telephone lines in nine states to Citizens Utilities Co. for $1.1 billion in cash. GTE said the sale involves phone lines in eastern ...