In acquiring Frontier, Verizon will take control of a fiber network into which much investment has been made.
Frontier won almost $8.7 million in six broadband awards from the Connecticut ConneCTed Communities Grant Program.
Frontier announced that its stockholders approved the acquisition by Verizon at its special meeting held on November 13, 2024.
Verizon’s fiber and FWA assessments were made at a “sell-side” analysts’ event following the release of the company’s Q3 results.