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US telecommunicatiosn company Verizon's deal to buy broadband provider Frontier Communications has been approved by the Federal Communications Commission (FCC) after the telecommunications firm made a ...

Verizon Communications Inc. won Federal Communications Commission approval for its $9.6-billion acquisition of Frontier Communications Parent Inc. after agreeing to agency demands to pare back ...

The Federal Communications Commission has approved Verizon’s $20 billion acquisition of fiber internet provider Frontier.

Verizon is seeking approval from the FCC for its acquisition of Frontier. The deal was announced last September as an all-cash transaction valued at $20 billion.

The acquisition enables Verizon to enhance and extend the network previously operated by Frontier in 25 states, with plans to introduce fiber-optic technology to more locations.

The FCC said Verizon will be able to upgrade and expand Frontier’s existing network in 25 states, bringing more fiber to more communities.

Frontier said in a statement that approximately 63% of its shareholders voted in favor of the merger agreement proposal, with ten of the company’s top 12 stockholders voting to approve the ...

Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Verizon Communications Inc. (NYSE, NASDAQ: VZ) ...