Regulators in 3 states OK Frontier Acquisition of Verizon Local Wireline Operations
State regulators in California, Nevada and South Carolina approved the acquisition by Frontier Communications of the local wireline operations of Verizon Communications serving residential and small-business customers in all or parts of those states. The Federal Communications Commission and state regulators in Arizona, Illinois, Ohio, Oregon, Washington state and West Virginia also must approve the transaction. In addition, Frontier has received cable television franchise approval from 10 of the 41 communities the company will serve in Oregon and Washington state. On May 13, Verizon announced plans to divest its local wireline operations serving residential and small-business customers in predominantly rural and small to medium-sized areas in 14 states, and that Frontier would acquire these operations. The operations Frontier will acquire include all of Verizon's local wireline operating territories in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia and Wisconsin. In addition, the transaction will include a small number of Verizon's exchanges in California, including those bordering Arizona, Nevada and Oregon.
Regulators in 3 states OK Frontier Acquisition of Verizon Local Wireline Operations