The Federal Communications Commission said Friday it was approving Verizon Communications's $20 billion deal to acquire fiber-optic internet providers Frontier Communications after the largest U.S. telecom company agreed to end its diversity,

After FCC chairman Brendan Carr said Verizon agreed to end its DEI policies, the agency approved the telco's $20 billion deal to acquire Frontier.

The FCC has signed off on the $20 billion Verizon and Frontier Communications merger. This federal agency approval will allow Verizon to significantly expand its fiber reach and subscriber base, which is presently limited primarily to the Mid-Atlantic and Northeast.