NEWARK, New Jersey, United States—IDT said Winstar Communications will exit the wireline resale business entirely, exit its fixed-wireless business in certain of its smaller markets and consolidate certain facilities and functions with IDT to bring Winstar to profitability by the end of the year.
IDT bought Winstar’s assets in December.
IDT said it will increase the overall size of Winstar’s fixed-wireless network in 22 cities by adding approximately 600 new buildings.
