Verizon bets on fiber’s staying power as it acquires Frontier for $20B
Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 billion — more than double Frontier’s market cap at the close of trading the night before. Frontier […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 billion — more than double Frontier’s market cap at the close of trading the night before. Frontier […]
© 2024 TechCrunch. All rights reserved. For personal use only.
