The deal could fundamentally change the investment case for Verizon stock. The news that Verizon Communications (VZ 3.84%) will acquire Frontier Communications Parent (FYBR 0.68%) appears to make strategic sense. For all of its focus on 5G, fiber remains a critical part of the broadband communications infrastructure, serving both consumers and businesses. Unfortunately for Verizon's shareholders, it has decided to buy Frontier at a time when the company faces significant financial struggles. Hence, even if ...

cemagraphics/E+ via Getty Images These are the voyages of the income name Verizon (NYSE:VZ). A company now debt laden, that had seen its cash flows evaporate, only to finally start rebounding despite immense competition and costs of operation. Still, we reiterate our Buy rating on Verizon Communications Inc. (VZ) shares today following news that the company will be acquiring Frontier Communications (FYBR). This is a rather interesting development and comes as the company has been seeing improvements to its ...

PeopleImages VZ stock: previous thesis and new development I last analyzed Verizon stock (NYSE:VZ) more than a month ago. As you can see from the screenshot below, that article was published on July 26, 2024, and was titled "Verizon Q2: Still Not Too Late To Sell (Technical Analysis)". As the title suggests, the article recommended selling at that time. The recommendation is mainly based on the near-term prospects and technical trading patterns of the stock prices surrounding its Q2 earnings report. Quote: ...

Dilok Klaisataporn I last covered Verizon (NYSE:VZ) back in April and assigned it a hold rating as I was neutral on the stock. While the dividend remained attractive and management's commitment to it seemed strong, the valuation did not seem particularly compelling, and the growth was quite anemic as well. Since then, the stock's total returns have been roughly in line with the S&P 500, thereby validating my neutral take on it. However, the company just announced that it plans to acquire Frontier (FYBR), wh ...

The future of connectivity is the future of commerce, as well as payments and financial services. And with the Thursday (Sept. 5) news that Verizon has entered into a definitive agreement to acquire Frontier,the largest pure-play fiber internet provider in the U.S., in an all-cash transaction valued at $20 billion, the future of connectivity — and therefore the connected economy — looks bright. With the rise of 5G and even 6G, the increasing reliance on fiber optics and the ongoing shift to digital-first li ...

Verizon Communications Inc. (VZ) recently announced that it had entered into a definitive agreement to acquire Frontier Communications Parent, Inc. (FYBR) , the largest pure-play fiber provider in the United States. The deal, worth approximately $20 billion of enterprise value, is aimed at expanding Verizon's fiber footprint across the nation, thereby accelerating its delivery of premium mobility and broadband services to current and new customers. VZ's Strategic Acquisition to Expand Footprint Post-acquisi ...

DENVER, Sept. 5, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the Morgan Stanley 12th Annual Laguna Conference on Wednesday, September 11, 2024 at 1:25pm PDT. The event will be webcast and may be accessed through a link posted to the Company's investor relations website at https://ir.flyfrontier.com/news-and-events/events. The webcast will be archived for 90 days and will be accessible thro ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A Verizon retail location is shown in Willow Grove, Pa., Thursday, Feb. 22, 2024. Verizon is buying Frontier Communications in a $20 billion deal that helps bolster its fiber network. Credit: AP Photo/Matt Rourke, File Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Verizon Communi ...

Competing fiber internet service providers Verizon and Frontier announced Thursday that the two have entered a definitive agreement in which Verizon will acquire Frontier Communications. The all-cash transaction, expected to close in approximately 18 months pending regulatory and Frontier shareholder approval, is valued at $20 billion. Post-close, Verizon's fiber reach and subscriber base will increase significantly. Frontier Fiber currently boasts approximately 2.2 million subscribers from 7.2 million loca ...

Verizon Communications Inc. on Thursday announced plans to acquire Frontier Communications in an all-cash transaction valued at $20 billion, which is expected to expand Verizon's fiber footprint nationwide. Verizon told FOX Business that this deal would effectively accelerate the company's delivery of mobility and broadband connectivity services to current and new customers. For one, it would expand the availability of its fiber broadband to reach 25 million homes and businesses across 31 states and Washing ...