Unions representing East Coast Verizon (VZ) wireline workers have ratified new contracts that...

|About: Verizon Communications (VZ)|By:, SA News Editor

Unions representing East Coast Verizon (VZ) wireline workers have ratified new contracts that will last through Aug. 1, 2015. Verizon reached tentative deals for the contracts, which cover 43K employees, which feature an 8% pay hike from 2011-2015 and health benefit reductions, a month ago.