Verizon to acquire Frontier

Key Highlights: Increases scale with 2.2 million fiber subscribers and will extend Verizon's network reach to 25 million premises across 31 states and Washington, D.C. Transaction valued at $20 billion, expected to be accretive to revenue and Adjusted EBITDA growth upon closing Verizon reaffirms full-year 2024 guidance Projected to generate at least$500 million in annual run-rate cost synergies Verizon to host investor conference call today at 8:00 AM Eastern Time NEW YORK and DALLAS, Sept. 05, 2024 (GLOBE ...