Frontier shareholders approve $9.6 billion deal with Verizon
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on Wednesday, even as a number of large investors sought to get a higher price. Shareholders had until Wednesday to cast their votes on a deal that Verizon's CEO Hans Vestberg called a "strategic fit" that would allow the company to be more competitive in additional markets.
Verizon’s Takeover of Frontier Communications Set to Clear Shareholder Vote
The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.
Major shareholders cast doubt on Verizon’s $20 billion deal for Frontier Communications
With two days until the approval vote from shareholders, Verizon’s proposed acquisition of Dallas-based internet provider Frontier Communications is coming down to the wire. On Nov. 13, Frontier’s stockholders will decide whether to approve a $20 billion,
Frontier Communications Shareholders Approve Acquisition By Verizon: Retail Gives A Thumbs-Up
Shareholders of pure-play fiber internet provider Frontier Communications Parent, Inc. ($FYBR) on Wednesday have approved the acquisition of the company by Verizon Communications Inc. ($VZ) at a special meeting.
Frontier Communications gains as holders approve Verizon deal
Frontier Communications (FYBR) rises 2.6% as shareholders are set to approve sale to Verizon (VZ). WSJ report confirms deal approval.
Dallas Morning News1d
Shaerholders for Dallas-based Frontier approve $9.6 billion deal with Verizon
Shareholders had until Wednesday to cast their votes on a deal that Verizon’s CEO Hans Vestberg called a “strategic fit” ...
Hans Vestberg Has 3 Words That Every Verizon Investor Should Hear: AI Revenue Opportunities
The telecom giant has a vast amount of unused fiber-optic infrastructure. With the AI revolution, it likely won't stay unused for long.
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Channel Consistency Will Be Crucial As Verizon CEO McAdam Set To Retire, CTO To Take Over
Verizon's CEO Lowell McAdam is retiring, and his successor will be the telecom giant's CTO, Hans Vestberg (pictured), the company said Friday. Vestberg, Verizon's executive vice president ...
Business Insider India5y
Verizon CEO Hans Vestberg explains the company's massive reorganization
Verizon CEO Hans Vestberg has been running the company for just four months, but he's already brought seismic changes to the company. In November, Vestberg reorganized the business that was ...
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HANS VESTBERG
We’ve seen a higher investment in 3G and 4G: Ericsson's Hans Vestberg We need to be a bit sober on 4G as there’s still a very small portion of the earth’s population that has 4G subscription ...
Datacenter Dynamics18d
Verizon touts Gen AI potential, but warns it won't come instantly
Verizon executives have touted the potential for Generative AI to provide a solid revenue stream in the future, but cautioned that it won't happen overnight. During an earnings call this week, the ...
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Verizon CEO Calls For Digital Inclusivity Through 5G
5G will be instrumental in closing the digital divide and promoting digital inclusion, according to Verizon CEO Hans Vestberg in his CES 2021 keynote. The carrier did not announce any network ...