Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a Trump administration probe and scrutiny of a proposed acquisition.

The full $20 billion transaction affecting telephone networks nationwide won't be completed until later this year.

which will allow Verizon to “upgrade and expand” Frontier’s existing fiber networks. Verizon expects to bring fiber to 1 million homes each year following the acquisition. The deal went through after ...

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The Federal Communications Commission (FCC) greenlit Verizon’s $20 billion acquisition of Frontier Communications on Friday — but only after Chairman ...

Verizon’s acquisition is expected to add 2.2 million Frontier fiber users across 25 states, expanding its fiber footprint to 25 million locations in 31 states and Washington, D.C., with plans to ...

Verizon said Frontier's recent investment in fiber made it a more attractive acquisition target. "Over approximately four years, Frontier has invested $4.1 billion upgrading and expanding its ...

Wireless behemoth Verizon announced early Thursday morning that it would be acquiring Frontier Communications - the largest pure-play fiber internet provider in the U.S. - in an all-cash ...

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 offered $38.50 per Frontier share held, a premium of 37.3% to Frontier’s closing price on Sept. 3, before reports of a potential acquisition emerged. The acquisition, which is ...

Verizon said it expects the Frontier acquisition to be accretive to Verizon’s revenue and adjusted earnings growth rates. Verizon anticipates seeing at least $500 million in annual cost ...