NYSE:VZTelecom
Verizon Frontier Deal Reshapes Broadband Scale And Valuation Story
Verizon Communications (NYSE:VZ) has completed its US$20b acquisition of Frontier Communications.
The deal closes a major wireline and fiber transaction that expands Verizon's network footprint.
Regulators have approved the transaction with conditions tied to broadband access and infrastructure investment.
Verizon is best known for its wireless business and 5G buildout, and fiber remains a core part of how it delivers broadband and bundled services. By bringing Frontier Communications'...