Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves

The future of connectivity is the future of commerce, as well as payments and financial services. And with the Thursday (Sept. 5) news that Verizon has entered into a definitive agreement to acquire Frontier,the largest pure-play fiber internet provider in the U.S., in an all-cash transaction valued at $20 billion, the future of connectivity — and therefore the connected economy — looks bright. With the rise of 5G and even 6G, the increasing reliance on fiber optics and the ongoing shift to digital-first li ...