Verizon Submits $20 Billion Frontier Merger for FCC Approval

WASHINGTON, Oct. 16, 2024 – Verizon said its $20 billion acquisition of Frontier Communications won’t harm competition in the broadband market. 

The company filed a joint application with the Federal Communications Commission on Oct. 11, seeking approval for the deal which would integrate Frontier’s 7.2 million fiber passings and 2.2 million fiber subscribers into Verizon’s already substantial fiber footprint.

In the application posted Tuesday, Verizon argued that the deal will “benefit Frontier customers” by strengthening and expanding Frontier’s fiber network, while also improving service offerings that Frontier alone cannot sustain due to financial difficulties.