Verizon Acquires Frontier in $20 Billion Deal, Expanding Fiber Network

Verizon Communications has acquired Frontier Communications in a $20 billion all-cash deal, boosting its fiber network and broadband services nationwide. The acquisition, expected to close in 18 months, will integrate Frontier’s 2.2 million fiber subscribers and 7.2 million fiber locations with Verizon’s existing infrastructure, creating a significant expansion of Verizon’s fiber footprint and bolstering its delivery of premium services.

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