The US telecoms regulator, the Federal Communications Commission (FCC), has approved Frontier Communications’ proposed acquisition of assets owned by Verizon Communications.
This follows the prior approval of the U.S. Department of Justice, the Federal…
The US telecoms regulator, the Federal Communications Commission (FCC), has approved Frontier Communications’ proposed acquisition of assets owned by Verizon Communications.
This follows the prior approval of the U.S. Department of Justice, the Federal Trade Commission and all 14 states home to these local assets.
The assets to be divested are residential and small-business access lines in Arizona, California, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, Wisconsin and West Virginia. Kathleen Grillo, Verizon senior vice president of federal regulatory affairs, said: “We’re pleased the commission approved this transaction and found it to be in the public interest. This transaction will benefit consumers by enabling Frontier to strengthen its position as a premier broadband and communications provider focused on rural and small- to medium-sized cities. It also will allow Verizon to accelerate its focus on wireless, broadband and global IP networks for its customers.”
