Divestiture

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Divestiture

A complete asset or investment disposal such as outright sale or liquidation.

Divestiture

The removal of assets from a person or firm's balance sheet through sale, exchange, closure, bankruptcy, or some other means. Divestiture may occur when a person or company has acquired more than he/she/it can properly administer. This sort of divestiture may occur slowly; for example, a corporation may slowly sell subsidiaries to concentrate exclusively on its core competence. On the other hand, divestiture may occur because a person or company has become cash poor and needs to build liquidity very quickly.

divestiture

The sale, liquidation, or spinoff of a division or subsidiary. For example, a firm may decide to divest itself of a division in order to concentrate its managerial efforts on more promising segments of its business.
References in periodicals archive ?
NOTE: Share price for the RBOC average rebounded to 6/21 level within 3 days after the article is published.
One of the major concerns in this regard is that the RBOC local monopolies may "cross-subsidize," that is, extract unwarranted profits by overpricing their regulated, monopoly local telephone services and underpricing their more competitive long-distance services.
A similar Radiance device acts as a secure Gigabit demarcation between Home Telephone's core router and the neighboring RBOC network.
Revenue from a single carrier can quickly exceed $10 million per year, and a sale to one RBOC generally leads to others.
NEBS certification is mandated by the RBOC and large ILEC communities and without this approval it would have been almost impossible to expand our business in this, the largest market for our product.
EMRISE Anticipates Ongoing Requirement from This RBOC of $3 Million over the Next 2 Years