Verizon Confident Frontier Deal Will Close on Time
California utility regulators are scrutinizing the deal.
WASHINGTON, Sept. 3, 2025 – Verizon is still optimistic it will close its $20 billion acquisition of Frontier in the first quarter of 2026, despite some pushback from California’s state utility regulator.
“We’ve gotten the DOJ and the FCC in a really comfortable place. They’ve signed off on the transaction,” said Sowmyanarayan Sampath, head of Verizon’s consumer group. “We have work to do in a few of the states, but it’s typical of any transaction.”
The company needs approval from 13 state utility regulators, some of which have already granted it. But the California Public Utilities Commission was not happy with Verizon’s decision to end its diversity programs to gain FCC approval.
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