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

Oct. 19, 2012 4:59 PM ETVerizon Communications Inc. (VZ) StockVZBy: Eric Jhonsa, SA News Editor3 Comments

Unions representing East Coast Verizon (NYSE: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.

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