Verizon invests $732M in N.J. wireline network; TDC shareholders to sell stake in company

Wireline news from across the Web:

@FierceTelecom RT @gigaom: Why is startup compensation so mysterious? Article | Follow @FierceTelecom

> Verizon says it invested over $732 million in New Jersey's wireline communications and IT infrastructure in 2011. Release

> Jersey Telecom has connected 24 premises to its trial Fiber to the Premises (FTTP) broadband networks. Article

>The city of Elk Grove, Calif. honored Frontier Communications with an "Exceptional Enterprise Award." Release

> Westcon Group, a distributor of unified communications, network infrastructure, data center, and security solutions with a global network of specialty resellers, introduced a new Asia Pacific-focused business unit. Release

> TDC's main shareholders--Blackstone, Providence, KKR, Permira and Apax--have confirmed plans to sell a piece of their stake in the company for about €750 million ($991 million). Article

And finally ... CNET says that 5 percent of Americans would give up their spouse to telecommute. Article