Verizon Communications to Acquire Frontier Communications Parent in $20B All-Cash Deal
September 5, 2024
Verizon Communications Inc. has entered into a definitive agreement to acquire Frontier Communications Parent, Inc. in an all-cash transaction valued at approximately $20 billion. The deal is expected to expand Verizon’s fiber footprint nationwide and integrate Frontier’s fiber network into Verizon’s Fios and broader fiber/wireless portfolio.
- Buyers
- Verizon Communications Inc.
- Targets
- Frontier Communications Parent, Inc.
- Sellers
- Frontier Communications Parent, Inc. shareholders (Frontier’s shareholders to receive cash consideration)
- Industry
- Telecommunications
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Charter Communications to Combine with Cox Communications in $34.5B Deal
May 17, 2025
Telecommunications
Charter Communications and Cox Communications have entered into a definitive agreement to combine their businesses in a transaction valued at about $34.5 billion. Under the deal, Charter will buy Cox’s commercial fiber and managed IT/cloud businesses, while Cox Enterprises will contribute Cox Communications’ residential cable business to Charter Holdings, and the combined company is expected to be named Cox Communications after closing.
-
Verizon Acquires Certain Assets of Bluegrass Cellular
October 19, 2020
Telecommunications
Verizon Communications has signed an agreement to acquire certain assets of Bluegrass Cellular, a rural wireless operator serving central Kentucky with roughly 210,000 customers across 34 counties. The transaction—subject to FCC approval—is intended to expand Verizon's footprint in Kentucky and will transition Bluegrass customers and employees to Verizon; closing was expected late 2020 or early 2021.
-
Rogers Communications Acquires Shaw Communications
March 15, 2021
Telecommunications
Rogers Communications agreed to acquire all outstanding Class A and Class B shares of Shaw Communications in a transaction valued at approximately $26 billion (including Shaw debt), paying $40.50 per share in cash (with a portion of consideration to the Shaw family in Rogers shares). The deal, supported by the Shaw family, is intended to create a national network, accelerate 5G rollout and drive significant investments and job creation in Western Canada.
-
FiscalNote Acquires FrontierView (Frontier Strategy Group)
November 29, 2021
Data & Analytics
FiscalNote, a Washington, D.C.-based provider of policy and market intelligence technology, has acquired FrontierView (Frontier Strategy Group, LLC), a global market intelligence and advisory firm with a proprietary cloud-based SaaS platform. The acquisition expands FiscalNote’s international coverage and content capabilities, adds recurring subscription revenue, and creates cross-selling opportunities across both companies’ enterprise client bases.
-
Searchlight-Led Investor Group Acquires Frontier's Northwest Operations to Form Ziply Fiber
May 1, 2020
Telecommunications
A Searchlight Capital Partners-led investor group, together with WaveDivision Capital (WDC), PSP Investments, BCI and CPP Investments, completed the $1.352 billion acquisition of Frontier Communications' Northwest operations and assets and committed an additional $500 million for network and service improvements to form Ziply Fiber. The new company, headquartered in Kirkland, Washington, will focus on upgrading the region to predominantly all-fiber service for roughly 500,000 residential and business subscribers across Washington, Oregon, Idaho and Montana.
-
Charter Communications to Acquire Liberty Broadband in All-Stock Transaction
November 13, 2024
Telecommunications
Charter Communications, Inc. has entered into a definitive agreement to acquire Liberty Broadband Corporation in an all-stock transaction. The deal is expected to close on June 30, 2027, subject to customary conditions and Liberty’s planned spin-off of its GCI business prior to closing.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.