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 ...

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.

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.

Shares of Frontier Communications are tumbling Thursday after Verizon Communications said it plans to buy the fiber network company for $20 billion in cash.