FCC approves Verizon's $20 billion merger with Frontier

The FCC has approved Verizon’s $9.6 billion acquisition of Frontier Communications, which includes taking on $10 billion of Frontier’s debt. A crucial factor in the approval was Verizon’s commitment to eliminate all diversity, equity, and inclusion practices, aligning with the Trump administration’s stance on DEI initiatives. The merger is expected to enhance infrastructure investments, transitioning from outdated networks to modern high-speed systems, with plans to deploy fiber to over one million homes annually across 25 states.

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