Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 billion — more than double Frontier’s market cap at the close of trading the night before. Frontier […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/09/05/verizon-bets-on-fibers-staying-power-as-it-acquires-frontier-for-20b/