NYSE:VZTelecom
Verizon’s US$20b Fiber Deal With Frontier And What It Means For Value
Verizon Communications (NYSE:VZ) has closed a US$20b acquisition of Frontier Communications.
Regulators have approved the deal, which expands Verizon’s fiber network in California and other regions.
The transaction includes commitments to provide broadband access for low income households.
The acquisition is intended to support converged services that bundle connectivity offerings.
For you as an investor, this move plugs directly into Verizon’s core telecom and broadband business, where...