Verizon's potential acquisition of Frontier Communications could significantly enhance its Fios fiber network and address challenges posed by AT&T in the competitive broadband space.
Frontier, valued over $7 billion, has a complex history, including a Chapter 11 bankruptcy as it pivots into fiber from its copper landline operations, enabling faster broadband options.
With Frontier providing service to three million locations across 25 states, the acquisition may represent a strategic move for Verizon amid its decelerating wireless revenue stream.
The FTC's allegations against Frontier for misrepresentation highlight the challenges the company faces, including compliance demands from a settlement that impacts its service guarantees.
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