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Verizon’s $20 billion Frontier acquisition wins FCC approval

The $ 20 billion Verizon deal occurs to obtain the Fiber Internet Frontier provider. Friday, Federal Communications Committee FallWhich will allow Verizon to “upgrade and expand” fiber networks in Frontier.

Verizon expects fiber to a million homes every year after acquisition. The deal passed after Verizon, “committed to ending practices related to Bab,” according to FCC.

By merging, Verizon will also be able to re -assemble some of her fiber works After selling parts of its wire operationsIncluding Fios Fiber, to Frontier in 2015. Carr said the fiber will allow the fibers to reach more societies, including rural standards. Bead, an initiative from the Biden era, was supposed to pay fiber service providers to bring high -speed internet to rural areas, but Report from Washington Post Suggest “The money does not flow.”

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