Verizon buying Frontier in $20B deal to strengthen its fiber network

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Verizon buying Frontier in $20B deal to strengthen its fiber network
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Verizon is buying Frontier Communications in a $20 billion deal to strengthnen its fiber network.

Verizon Communications Inc. said Thursday that the transaction will also help it in the areas of artificial intelligence and the Internet of Things.

Frontier has 2.2 million fiber subscribers across 25 states. Verizon has approximately 7.4 million Fios connections in nine states and Washington, D.C. The University of Cambridge research examined 2,000 children aged six to nine across 84 primary schools in London and Luton.The market rally is at key points for all the major indexes. Tesla plans to roll out FSD in China and Europe in Q1 2025.

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