Divestiture

(redirected from Tandem switch)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 ?
Type 2A interconnection involves interconnection at a LEC's tandem switch. See supra note 65.
There are 43 digital switching offices in the Nashville area, and two diverse LATA tandem switches and two local tandem switches.
PABXs), data LANs, and lower-level tandem switches can now all be treated as concentrators of bandwidth demands.
"As circuit-based tandem switches reach exhaustion, carriers have the option of replacing these monolithic systems with a packet-based alternative that requires only a fraction of the space and operational costs of circuit switches.