Accounting for nearly 10% of all Frontier shares, Glendon believes Verizon’s offer of $38.50 ... and subsequent regulatory approval processes, the acquisition could take up to 18 months.
Verizon CEO Hans Vestberg said the acquisition will shake up the telecom industry as Frontier will boost Verizon’s ability to deliver premium offerings to millions of new customers.
Verizon has maintained its guidance for 2024, projecting 2.0-3.5% year-over-year growth in total Wireless service revenue and 1.0-3.0% growth in adjusted EBITDA.
A proposed settlement between state consumer protection authorities, Verizon, and Frontier is a win for consumers, according to the state Office of the Consumer Counsel.
Verizon Communications (VZ) confirmed Thursday that it will be buying Frontier Communications Parent (FYBR) in an all-cash transaction valuing it at approximately $20 billion. VZ stock is trading ...
When the deal was announced last month, it represented a 44% premium to Frontier's 90-day volume-weighted average share price. Verizon CEO Hans Vestberg called the acquisition "a strategic fit ...
Verizon recently unveiled its roadmap, offering more details on what is coming, including a focus on AI and satellite ...
Federal Communications Commission Chairman Brendan Carr says the FCC is prepared to block mergers and acquisition proposals from companies that ...
Consumer Counsel Claire Coleman announced that Connecticut’s communications consumers will receive lower bills and stronger ...
Coleman announced a significant win for consumers, reducing costs, enhancing protections and increasing transparency as Verizon proceeds with acquiring Frontier’s wireline assets in Connecticut.
Verizon Communications completed its $1.4 billion acquisition of cloud service provider Terremark Worldwide on Monday, a move the telecommunication powerhouse says will catalyze Verizon's ...
The analysis included detailed studies of market penetration and pricing, leading to increased confidence in the value of Frontier's acquisition by Verizon (NYSE:VZ), which is not rated (VZ-NR).