{"id":852547,"date":"2024-09-06T09:52:36","date_gmt":"2024-09-06T04:22:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852547"},"modified":"2024-09-06T09:59:14","modified_gmt":"2024-09-06T04:29:14","slug":"verizons-9-6-billion-bid-for-frontier-expands-broadband","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/06\/verizons-9-6-billion-bid-for-frontier-expands-broadband\/","title":{"rendered":"Verizon\u2019s $9.6 Billion Bid for Frontier Expands Broadband"},"content":{"rendered":"<p>(Bloomberg) &#8212; Verizon Communications Inc., the largest US phone company, agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about $9.59 billion to expand its high-speed internet business. <\/p>\n<p>Frontier\u2019s investors will get $38.50 a share, a 37% premium to the closing price on Tuesday, the day before news of a pending deal came out, Verizon said in a statement on Thursday. The transaction values the Dallas-based company at $20 billion including debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Verizon Communications Inc., the largest US phone company, agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about $9.59 billion to expand its high-speed internet business. Frontier\u2019s investors will get $38.50 a share, a 37% premium to the closing price on Tuesday, the day before news of a pending deal came out, Verizon said in a statement on Thursday. The transaction values the Dallas-based company at $20 billion including debt.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,4,56],"tags":[],"class_list":["post-852547","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-telecom-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=852547"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852547\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}