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Verizon and Frontier could expand and enhance rural broadband infrastructure in the northeastern corner of Arizona via a ...

With digital devices powering every aspect of life and business, telecommunications providers are going neck and neck to provide faster internet speeds at scale ― using fiber technology as a linchpin.

Frontier’s investors will get $38.50 a share, a 37% premium to the closing price on Tuesday, the day before news of a pending deal came out, Verizon said in a statement on Thursday.

The president of Local 1298 of the Communications Workers of America, which represents repair workers with Frontier ...

Verizon, based in New York City, will pay $38.50 for each Frontier share. The deal is expected to close in about 18 months. It still needs approval from Frontier shareholders.

Frontier has about 2.2 million fiber internet customers across 25 states, which will join with Verizon’s 7.4 million fiber connections in nine states and Washington DC.

Verizon said on Thursday it would buy Frontier Communications in an all-cash deal valued at $20 billion, as the U.S. wireless carrier looks to boost its fiber network.

Verizon could bring former Fios neighborhoods home by buying Frontier In 2015, Frontier bought Verizon’s voice, video, and Fios internet operations across three states for $10.5 billion, but ...

Verizon has entered into an agreement to acquire Frontier Communications in an all-cash transaction valued at $20 billion as it looks to expand its fiber network. Under the terms of the agreement ...

Frontier paid $10.5 billion to buy the Verizon assets and borrowed heavily to do so. Annual interest payments doubled as Frontier sold $5.6 billion in bonds with an interest rate of 10.5 percent ...

According to the news release, Verizon will acquire Frontier for $38.50 per share in cash, with the entire transaction valued at approximately $20 billion of enterprise value.