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Verizon has agreed to buy Frontier Communications

( September 5, 2024, 12:26 GMT | Official Statement) -- MLex Summary: Verizon Communications announced that it has agreed to buy Frontier Communications in an all-cash transaction worth about $20 billion. Verizon said the deal will expand its fiber network to accelerate offering of premium broadband and mobility services to more customers nationwide. The transaction is expected to close in approximately 18 months, subject to approval by Frontier shareholders, receipt of certain regulatory approvals and other customary closing conditions.See full statement below....

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