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Verizon bets on fiber’s staying power as it acquires Frontier for $20B

Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 bill

By: techcrunch.com

Sep 05 2024
50
3601 Views

Verizon bets on fiber’s staying power as it acquires Frontier for $20B — Verizon bets on fiber’s stayin

Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 billion — more than double Frontier’s market cap at the close of trading the night before. Frontier […]