Expansion of Fiber Network to Accelerate Premium Broadband and Mobility Services Nationwide
Verizon Communications Inc. (NYSE, NASDAQ: VZ) and Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced a definitive agreement in which Verizon will acquire Frontier in an all-cash deal valued at $20 billion. This acquisition will expand Verizon’s fiber footprint, enhancing its…