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In a bid to expand its fiber-optic network, Verizon has agreed to buy communications provider Frontier in a deal valued at about $20 billion, including $9.6 billion in cash.
Frontier, which emerged from bankruptcy in the last few years, had a poor record of maintaining its infrastructure and providing internet and phone service, experts and customers say.
Verizon already has a ‘Fios’ fiber internet network in some parts of the United States, but the acquisition would expand that with all of Frontier’s existing fiber infrastructure.
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 U.S ...
A Verizon retail location is shown in Willow Grove, Pa., Feb. 22, 2024. Verizon is buying Frontier Communications in a $20 billion deal that helps bolster its fiber network. AP Photo/Matt Rourke ...
The FCC said Verizon will be able to upgrade and expand Frontier’s existing network in 25 states, bringing more fiber to more communities.
The FCC said Verizon will be able to upgrade and expand Frontier’s existing network in 25 states, bringing more fiber to more communities.
During a brief hearing on June 12, questions about the deal for Verizon to buy Frontier Communications’ operations went ...
After FCC chairman Brendan Carr said Verizon agreed to end its DEI policies, the agency approved the telco's $20 billion deal to acquire Frontier.
The FCC has approved Verizon’s $20 billion merger with Frontier Communications. “By approving this deal, the FCC ensures that Americans will benefit from a series of good and common-sense wins ...
The FCC has approved Verizon's $20 billion merger with Frontier after Verizon agrees to drop DEI initiatives.
Verizon Wins FCC Approval for $20 Billion Frontier Merger: What This Means for Fiber With FCC approval, the competing fiber internet service providers can become one.