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

Verizon management remains confident the telecom giant will close its pending $20 billion acquisition of fiber provider ...

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’s acquisition is expected to add 2.2 million Frontier fiber users across 25 states, expanding its fiber footprint to 25 million locations in 31 states and Washington, D.C., with plans to ...

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.

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.