mergers
Verizon: Proposed Deployment Requirements for Frontier Deal Too Expensive
A proposed approval would require the company to deploy to all locations served by 88 rural wire centers.
mergers
A proposed approval would require the company to deploy to all locations served by 88 rural wire centers.
mergers
Separately, former Breezeline president Frank van der Post was named CEO of WOW! after private equity firms closed on the acquisition.
mergers
Digital Bridge and Crestview Partner took the cable operator private in a $1.5 billion deal.
mergers
A CPUC judge set an oral argument date of Jan. 12, 2026.
mergers
An administrative judge at the CPUC recommended approval, but only with extra DEI requirements.
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The companies argued they don't compete with each other and have been buffeted by subscriber losses.
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Coalition warns $34.5B deal would create ‘unchecked gatekeeper power’ and labor harms
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Supporters say the deal could expand broadband investment, onshore customer service jobs, and improve employee wages.
Expert Opinion
The merger should be approved as it would benefit consumers through lower prices and infrastructure upgrades without creating monopoly concerns.
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The carrier is looking to sell corporate bonds to help fund the acquisition.
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Verizon told the FCC it would roll back diversity initiatives to gain approval to acquire Frontier.
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The companies declined to disclose the terms of the deal.
Free Speech
Some at CBS News worry the move signals a shift toward coverage more friendly to President Donald Trump.
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Justice Department approval for the deal will expire Feb. 13, 2026.
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The companies are eager for the CPUC to approve the deal at its Dec. 18 meeting.
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California utility regulators are scrutinizing the deal.