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FCC approves Verizon’s $20bn acquisition of Frontier following DEI u-turn
The Federal Communications Commission (FCC) has approved Verizon’s proposed $20 billion acquisition of Frontier Communications. The deal has been approved by the regulator after Verizon agreed to end its diversity, equity, and inclusion programs (DEI).
FCC Approves Verizon-Frontier Merger After Verizon Backs Down on DEI
After President Donald Trump issued an executive order in January eliminating DEI programs at federal agencies, FCC chair Brendan Carr ended those programs at the FCC and has said he will make eliminating DEI programs part of the approval process for mergers. Carr has also launched investigations into DEI practices at Disney and Comcast.
By leveraging Frontier’s existing network, Verizon can deploy fiber to over 1 million American ... this move may also have reputational implications and impact employee morale and corporate ...
At the MoffettNathanson conference, Verizon Consumer Group CEO outlines a dual-engine plan to scale fiber and fixed wireless.
The Federal Communications Commission said Friday it was approving Verizon Communications’s $20 billion deal to acquire fiber-optic internet providers Frontier Communications after the largest ...
The deal will allow Verizon to upgrade and expand Frontier’s existing network in 25 states, bringing more fiber to more communities. Following the transaction, Verizon expects to deploy ...
(Bloomberg) -- Verizon Communications Inc. won Federal Communications Commission approval for its $9.6 billion acquisition of Frontier Communications Parent Inc. after agreeing to agency demands ...
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