When did Verizon agree to acquire Frontier Communications?

Verizon agreed to acquire Frontier Communications in September 2024.

What concessions did Verizon make to California regulators?

Verizon committed to spending $500 million with California small businesses over five years, expanding its network, and offering discounted plans.

When is the Verizon-Frontier acquisition expected to close?

The acquisition is expected to formally close on January 20, 2026.

Home / Business and Economy / Verizon Secures Frontier Deal After California Concessions

Verizon Secures Frontier Deal After California Concessions

16 Jan

•

Summary

Verizon received final approval to acquire Frontier Communications.
The deal was approved after Verizon made concessions to California regulators.
The acquisition is expected to formally close on January 20, 2026.

Verizon Secures Frontier Deal After California Concessions

Verizon Communications has secured the final approvals necessary to acquire Frontier Communications, a fiber-optic broadband provider. The transaction, valued at $9.6 billion, received unanimous approval from the California Public Utilities Commission on Thursday. This approval followed Verizon's agreement to several concessions, including a five-year commitment to spend $500 million with California small businesses.

The path to this acquisition completion, expected on January 20, 2026, has been complex. Verizon previously obtained Federal Communications Commission approval by pledging to adjust certain diversity policies. California, a key market, had raised concerns about these changes aligning with state regulations, leading to the recent concessions.