Read More The right-to-work battle has reached a tipping point We are disappointed that after six weeks of good faith bargaining and a very strong effort by the company, we have been unable to reach new agreements with the unions, Marc Reed, Verizons chief administrative officer, said in the statement. Verizon's wireline business includes FiOS Internet, telephone and TV services. The company said on Friday there had been little progress in the talks, and that it is ready in the event of a work stoppage.