Verizon has received FCC approval for a $20 billion acquisition of Frontier Communications, expanding its fiber network to reach more homes nationwide. In exchange, Verizon agreed to eliminate all diversity, equity, and inclusion initiatives, reflecting broader industry and political shifts away from such programs.
Verizon’s acquisition of Frontier Communications for $20 billion will expand its fiber footprint to 25 million premises across 31 states and Washington, D.C. This strategic move aims to enhance Verizon’s fiber and fixed wireless access services, accelerating premium broadband offerings and boosting overall service revenue.
