Business, Finance & Tech

Verizon to Acquire Frontier Communications in $20 Billion Deal to Strengthen Broadband Services

Verizon is set to acquire Frontier Communications for $20 billion, reclaiming network infrastructure in three states sold nearly a decade ago. The deal, aimed at bolstering Verizon's position in the broadband market, is pending shareholder and regulatory approval and is expected to close in about 18 months.

By: NBC Palm Springs

September 6, 2024

VerizonFrontier Communications20 billion acquisitionbroadband industryATT competitionnetwork infrastructurechapter 11 bankruptcyshareholder approvalregulatory approvaltelecommunications deal
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Who makes the NBC Top 3, winner will be announced Sunday night on NBC Palm Springs, with the player who makes the number one spot winning a $250 prize from @hondaofthedesert! Comment below if it will 1) Devin Session with the diving TD, 2) Mason Flores with the dot on the run, 3) Reese Johnson with the clutch FG, 4) Kaylaun Smith running over defenders, or 5) Joshua Perez with the TD throw. #hondaofthedesert #fnl #fridaynightlights #fyp #highschoolfootball

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Verizon to Acquire Frontier Communications in $20 Billion Deal to Strengthen Broadband Services