Verizon to Acquire Frontier for $20 Billion in Cash

Telecommunications giant Verizon Communications plans to take over smaller player Frontier Communications in an all-cash deal valued at $20 billion, as Verizon seeks to bolster its fiber footprint to battle its biggest rival, AT&T. According to Verizon, Frontier operates the “largest pure-play fiber internet” network in the U.S. with 2.2 million fiber subscribers across 25 […]