Verizon Wins FCC Nod for Frontier Deal After Ditching DEI

Verizon Communications Inc. won Federal Communications Commission approval for its $9.6 billion acquisition of Frontier Communications Parent Inc. after agreeing to agency demands to pare back diversity initiatives in line with President Donald Trump’s policies.

The deal “will unleash billions of dollars in new infrastructure builds in communities across the country — including rural America,” FCC Chairman Brendan Carr said in a statement on Friday. “This investment will accelerate the transition away from old, copper line networks to modern, high-speed ones.”