Are landlines history? Landline business of less concern to Verizon

FOX25, myfoxboston - Verizon's landline business is of increasingly less concern to the company, the New York Times reports.

The company is focused on Verizon Wireless and its FiOS offerings.

The New York Times is reporting that Verizon CEO Ivan Seidenberg told an audience at a Goldman Sachs investor conference that trying to predict when the company's landline business would bounce back "is like the dog chasing the bus."

Seidenberg says that video will be the core product in its FiOS business, but that there will be a shift in focus from selling landline voice and television bundles to cell phones and television bundles.

The company is saving money after converting its copper landlines to FiOS, the New York Times reports.