Key Points Verizon reported strong second-quarter results. The company is producing meaningful excess free cash flow after ...

Verizon's Q2 results beat expectations across key metrics, confirming growth momentum and effective execution of management's ...

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

HighlightsGrew industry-leading wireless service revenue1 to $20.9 billionExpanded high-quality customer base, adding more than 300,000 net ...

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-Frontier acquisition risk. The deal will require a majority vote in favor for approval, and Glendon’s significant role combined with its potential influence on other shareholders could ...

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.

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 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 ...

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.