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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).
Verizon Purchase Of Frontier Communications For $20 Billion Is Approved
The FCC’s Wireline Competition Bureau approved Verizon’s $20 billion acquisition of Frontier. Locally, Frontier is the traditional copper landline and DSL provider in Walnut Hill, Molino, Bratt, and Atmore. Last September, Verizon agreed to buy Frontier for about $9.6 billion and absorb $10 billion in Frontier debt.
At the MoffettNathanson conference, Verizon Consumer Group CEO outlines a dual-engine plan to scale fiber and fixed wireless.
Fiber broadband revenue growth accelerated ... on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier entered into a definitive agreement (the "merger agreement") for ...
The acquisition of Frontier, if completed, will expand Verizon's fiber footprint to about 50% ... would come with additional costs, muting their impact on the bottom line. We expect consumer ...
CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid. Our expert staff selects ...
Regarding its own fiber M&A opportunities, Verizon said last week that it expects to close its $20 billion acquisition of Frontier Communications in early ... warning that there could be an ...
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