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According to Verizon’s press release, its acquisition of Frontier is an all-cash deal that’s worth $20 billion. Under the agreement, Verizon will acquire Frontier for $38.50 per share.

Verizon has entered an agreement to acquire the fiber internet provider Frontier in an all-cash deal valued at $20 billion, potentially clawing back old Fios subscribers.

Additionally, the transition from Frontier Fiber to Verizon Fios will potentially bring Frontier customers new TV and mobile bundle options not currently available.

Verizon announced Thursday it had entered into an agreement to acquire Frontier Communications in a deal valued at $20 billion.

Verizon on Thursday announced plans to acquire Frontier in a deal valued at $20 billion so it can boost its delivery of mobility and broadband connectivity services.

According to Verizon’s press release on the acquisition, this will bring them 2.2 million fiber subscribers across 25 states, joining the 7.4 million Fios customers that Verizon already has ...

Frontier has joined AT&T as the only other network that currently offers 5Gbps internet connectivity. Frontier’s 5 Gig plan starts at $155, compared to AT&T’s $180 monthly fiber plan.

Verizon said on Thursday it would buy Frontier Communications in an all-cash deal valued at $20 billion, as the U.S. wireless carrier looks to boost its fiber network.

Verizon has entered an agreement to acquire the fiber internet provider Frontier in an all-cash deal valued at $20 billion. In its press release announcing the transaction, Verizon says the deal ...

Verizon announced Thursday that it has reached a definitive agreement to acquire Frontier Communications in an all-cash transaction valued at $20 billion.