This week, fiber communications company Verizon acquired Frontier, a fiber and DSL internet provider. The deal is expected to close in about 18 months.
Together, Verizon and Frontier have approximately 10 million fiber customers in 31 states and Washington, D.C., and their fiber networks extend to 25 million addresses.
Verizon is available mainly in the Northeast and Mid-Atlantic regions, with Frontier servicing parts of California, Texas and some Midwestern states.
Frontier fiber speeds range from 200 to 5,000 Mbps for $29.99/mo. to $154.99/mo. Verizon’s speeds go from 300 to 2,000 Mbps for $34.99/mo. to $84.99/mo.
According to Verizon’s press release, “In addition to Frontier’s 7.2 million fiber locations, the company is committed to its plan to build out an additional 2.8 million fiber locations by the end of 2026.”
The acquisition “will significantly expand Verizon’s fiber footprint across the nation, accelerating the company’s delivery of premium mobility and broadband services to current and new customers.”
This isn’t the first time the two companies have interacted. In 2016, Verizon sold its TV and internet business to Frontier. That deal included Verizon’s customers and networks in California, Texas and Florida.
Written by:
Robin LaytonEditor, Broadband Content
Robin Layton is an editor for the broadband marketplace Allconnect. She built her internet industry expertise writing and editing on the site since January 2020, as well as on Allconnect’s sister site MYMOVE.com…
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Anine SusEditor I
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