Verizon said on Thursday it will buy fiber-optic internet provider Frontier Communications in an all-cash deal worth $20 billion, as the U.S. wireless carrier looks to grow its subscriber base.

Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.

One stock that has caught the attention of market analysts is Frontier Communications. In September 2024, Verizon announced its intention to acquire Frontier in an all-cash deal valued at ...

Verizon is seeking approval from the FCC for its acquisition of Frontier. The deal was announced last September as an all-cash transaction valued at $20 billion.

US stocks close up, with the Nasdaq eking out a record high. Markets grow numb to tariff Trump's tariffs. Investors eye ...

Verizon recently announced a $20B acquisition of Frontier Communications. Despite potential synergies, I believe the market's prevailing bullish rating overestimated the upside impacts of the deal.

Verizon acquires Frontier for $20B, expanding its fiber and wireless services, including Frontier's 2.2M fiber subscribers. The deal is expected to close in 18 months, boosting Verizon's revenue ...

Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Verizon Communications Inc. said Thursday that the transaction will also help it in the areas of ...

The report didn't mention a possible price; Frontier's market capitalization surged to around $9.6 billion after the stock jumped in response to the news of the possible deal.

Frontier Communications Parent Inc.'s stock fell 9% after Verizon Communications Inc. confirmed its plan to acquire the company in a $20 billion all-cash deal.

Glendon Capital Management, Frontier’s second-largest shareholder with a nearly 10% stake in the company, believes VZ’s offer of $38.50 per piece to be significantly undervalued.

Shares of Frontier Communications soared 38% after the Journal reported Verizon is in advanced talks to acquire the Dallas-based fiber provider. Verizon shares edged 3.4% lower.