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Verizon could bring former Fios neighborhoods home by buying Frontier
A deal could come this week.
Reports from The Wall Street Journal and Bloomberg suggest that Verizon is in “advanced talks” to acquire the communications provider, with a potential announcement coming as soon as this week. In 2015, Frontier bought Verizon’s wireline operations, including Fios fiber internet connections, across three states for $10.5 billion. We have our Fios build... We’ve had experience with having a joint venture partner and it’s not always easy to extricate yourself from that situation many years down the line.
Or read this on The Verge