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Verizon Enterprise is the service lineup that they inherited from acquiring MCI some years ago. MCI, of course, having been kind of a Big Deal as it relates to the internet way back when.

http://en.wikipedia.org/wiki/Verizon_Enterprise_Solutions

Telcos logic lately seems to be: Folks are using the network for something exciting. We know the network part, let's expand into the exciting thing that uses the network. So cloud services, streaming video, app stores. All failures so far.

Wouldn't be such a problem if they did a good job at their core business but as we learn more about google and Amazon's network, it seems like the telcos may fail there too.

They bought Terremark.