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Verizon to buy Frontier for $9.6 billion, says it will expand fiber network
Verizon once sold part of its network to Frontier; now it's buying the company.
Verizon today announced a deal to acquire Frontier Communications, an Internet service provider with about 3 million customers in 25 states. Assuming regulatory and shareholder approval, Verizon will be buying back a former portion of its network that it sold to Frontier eight years ago. Verizon FiOS is available in parts of Connecticut, Delaware, Maryland, Massachusetts, New York, New Jersey, Virginia, Rhode Island, Pennsylvania, and the District of Columbia.
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