Verizon agreed to acquire Frontier for $9.6 billion in September 2024, but the path to completing the deal has been fraught. Last year it won Federal Communications Commission approval after pledging to roll back some diversity policies.

Verizon Communications said late on Wednesday it had restored mobile phone service and planned to offer affected consumers credits for a 10-hour outage that disrupted calls, texting and internet usage for hundreds of thousands of customers.

Receipt of California regulatory approval on January 15, 2026 clears path to close transaction on January 20, 2026 Approved transaction is

Verizon has received all approvals it needs for a $9.6 billion acquisition of Frontier Communications, an Internet service provider with about 3.3 million broadband customers in 25 states. Verizon said it expects to complete the merger on January 20.

The California Public Utilities Commission on Thursday approved Verizon Communications' $20 billion deal to acquire fiber-optic internet providers Frontier Communications , clearing the way for the deal to close on Tuesday after Verizon agreed to a series of conditions.

Tess Coward, a 27-year-old PR professional based in New York City, woke up feeling under the weather on Wednesday. But without the ability to make phone calls or receive text messages, she couldn’t get in touch with her doctor or log into the provider’s patient portal.

You'd need about 362 shares of Verizon stock to make $1,000 in yearly dividends. Shares cost $40.66 at the time of this writing (Jan. 9), meaning 362 shares would cost you $14,732. Due to Verizon's high dividend yield (currently well over 6%), you don't need to invest a lot to build passive income.

Verizon Communications said Thursday that customers who were affected by Wednesday's cell service outage can redeem a $20 account credit through their Verizon account.