Hans E. Vestberg, Chairman & CEO, reported "strong second quarter" performance, highlighting that "wireless service revenue of $20.9 billion" was up 2.2% year-over-year and adjusted EBITDA reached $12 ...

Verizon beat Q2 expectations and raised guidance, but macro risks, tariffs, and subscriber losses cloud the outlook. See why ...

U.S. wireless carrier Verizon raised the lower end of its annual profit forecast, riding on strong demand for its premium ...

U.S. telecom Verizon (NYSE:VZ) raised its profit forecast for full-year profit and posted a massive topline beat in its ...

Wireless behemoth Verizon (NYSE:VZ) announced early Thursday morning that it would be acquiring Frontier Communications – the largest pure-play fiber internet provider in the U.S. – in an all ...

Verizon to Acquire Fiber Internet Provider Frontier in $20B Deal. ... “The acquisition of Frontier is a strategic fit,” he continued.

DALLAS, November 13, 2024--Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company") today announced that its stockholders approved the acquisition by Verizon ...

Verizon Communications Inc., the largest U.S. phone company, agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about $9.6 billion to expand its high-speed ...

Under the terms of the agreement, Verizon will acquire Frontier for $38.50 per share in cash, representing a premium of 43.7% to Frontier’s 90-day volume-weighted average share price (VWAP) on ...

Verizon has offered $38.50 per Frontier share held, a premium of 37.3% to Frontier’s closing price on Sept. 3, before reports of a potential acquisition emerged.

Verizon will acquire Frontier Communications in an all-cash transaction at $38.50 per share, valuing Frontier at $20 billion with the assumption of debt. We are relieved that Verizon didn’t use ...

The acquisition includes Verizon’s Fios fiber internet connections in three states. Back then, the deal was valued at $10.5 billion. Fast-forward to 2020, Frontier filed for bankruptcy.