Core Insights - Verizon Communications Inc. and Frontier Communications Parent, Inc. have received all regulatory approvals for the acquisition, expected to close on January 20, 2026, which will enhance Verizon's fiber internet reach to nearly 30 million homes across 31 states and Washington, D.C. [1][9] Group 1: Acquisition Details - The acquisition is a significant milestone in Verizon's evolution, aimed at regaining market leadership by combining Frontier's fiber internet with Verizon's 5G mobile network [2]. - The transaction is anticipated to create substantial cross-sell opportunities, allowing Verizon to access a high-quality customer base in complementary markets [2][9]. - Following the acquisition, Frontier's common stock will be delisted from Nasdaq, with the last trading day expected to be January 16, 2026 [4]. Group 2: Strategic Implications - Verizon's acquisition is expected to accelerate its national fiber strategy, building on its two decades of fiber leadership since it was the first major U.S. telecommunications company to provide fiber to the home in 2005 [3]. - The expanded footprint will enable Verizon to offer enhanced value and services to more households and businesses, driving growth and customer satisfaction [2][9]. - New service offers for both Frontier and Verizon customers are planned to launch after the transaction closes [2]. Group 3: Company Overview - Verizon generated revenues of $134.8 billion in 2024 and continues to innovate to meet customer demands for mobility and reliable network connectivity [6]. - Frontier is recognized as the largest pure-play fiber provider in the U.S., focusing on delivering high-speed broadband connectivity [7].