Verizon and Frontier received regulatory approval to close their acquisition, expanding fiber access to nearly 30 million homes and businesses.
Quiver AI Summary
Verizon Communications Inc. and Frontier Communications Parent, Inc. announced that they have obtained all necessary regulatory approvals to proceed with their acquisition, set to close on January 20, 2026. This transaction aims to enhance Verizon's fiber internet access, reaching nearly 30 million homes and businesses across 31 states and Washington, D.C. After the acquisition, customers are expected to benefit from new service offers that combine Verizon's 5G mobile network with Frontier's fiber internet, creating new opportunities for savings and value. Verizon's CEO, Dan Schulman, highlighted that this move is significant for the company's growth and customer engagement strategy. Additionally, Frontier's common stock will be delisted from Nasdaq following the transaction's completion.
Potential Positives
- Receipt of regulatory approval allows Verizon to finalize its acquisition of Frontier Communications, enhancing its market position.
- The acquisition is expected to expand fiber access to nearly 30 million homes and businesses, aligning with Verizon's strategy to provide better value and more choices for customers.
- Post-acquisition, Verizon plans to combine its 5G mobile network with Frontier’s fiber internet, potentially delivering superior services and savings to customers across a broader geographical area.
- Access to a high-quality customer base and significant cross-sell opportunities will likely drive growth and increase customer loyalty for Verizon.
Potential Negatives
- Forward-looking statements included in the release highlight the potential risks and uncertainties associated with the acquisition, which may create apprehension among investors and stakeholders regarding the company's future performance.
- The announcement of the acquisition also includes a delisting of Frontier's common stock from Nasdaq, indicating a significant change that may impact Frontier's current investors and create confusion or concern about the transaction's implications.
- The dependence on achieving cross-sell opportunities in new markets underscores the risks involved; failure to successfully integrate the services could harm Verizon's reputation and financial performance.
FAQ
What is the status of Verizon's acquisition of Frontier?
Verizon and Frontier have received all regulatory approvals and expect to close the acquisition on January 20, 2026.
How will the acquisition affect fiber internet access?
The transaction will expand fiber access to almost 30 million homes and businesses across 31 states and Washington, D.C.
What new services can customers expect after the acquisition?
Customers will gain access to new mobility and home internet services, savings, and exclusive offers post-acquisition.
When will Frontier stock be delisted?
The common stock of Frontier is expected to be delisted from Nasdaq on January 16, 2026.
What is Verizon's goal with this acquisition?
The acquisition aims to enhance Verizon's market leadership and provide superior mobility and fiber experiences to customers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VZ Revenue
$VZ had revenues of $33.8B in Q3 2025. This is an increase of 1.47% from the same period in the prior year.
You can track VZ financials on Quiver Quantitative's VZ stock page.
$VZ Congressional Stock Trading
Members of Congress have traded $VZ stock 13 times in the past 6 months. Of those trades, 7 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $VZ stock by members of Congress over the last 6 months:
- SENATOR GARY C. PETERS purchased up to $15,000 on 12/12.
- REPRESENTATIVE TIM MOORE has traded it 8 times. They made 6 purchases worth up to $350,000 on 12/10, 11/05, 10/31, 10/10, 10/07, 07/29 and 2 sales worth up to $300,000 on 11/19, 08/01.
- REPRESENTATIVE JULIE JOHNSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 11/13, 08/14.
- SENATOR SHELDON WHITEHOUSE sold up to $15,000 on 09/04.
- REPRESENTATIVE KELLY MORRISON sold up to $15,000 on 08/19.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VZ Hedge Fund Activity
We have seen 1,489 institutional investors add shares of $VZ stock to their portfolio, and 1,355 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 26,361,034 shares (+55.3%) to their portfolio in Q3 2025, for an estimated $1,158,567,444
- BLACKROCK, INC. added 7,479,266 shares (+2.1%) to their portfolio in Q3 2025, for an estimated $328,713,740
- STATE STREET CORP added 7,276,809 shares (+3.5%) to their portfolio in Q3 2025, for an estimated $319,815,755
- CAPITAL WORLD INVESTORS added 4,905,101 shares (+51.1%) to their portfolio in Q3 2025, for an estimated $215,579,188
- JPMORGAN CHASE & CO added 4,208,404 shares (+10.9%) to their portfolio in Q3 2025, for an estimated $184,959,355
- FMR LLC removed 4,002,455 shares (-10.9%) from their portfolio in Q3 2025, for an estimated $175,907,897
- MORGAN STANLEY added 3,860,078 shares (+5.3%) to their portfolio in Q3 2025, for an estimated $169,650,428
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VZ Analyst Ratings
Wall Street analysts have issued reports on $VZ in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- TD Cowen issued a "Buy" rating on 10/30/2025
- Goldman Sachs issued a "Buy" rating on 09/02/2025
To track analyst ratings and price targets for $VZ, check out Quiver Quantitative's $VZ forecast page.
$VZ Price Targets
Multiple analysts have issued price targets for $VZ recently. We have seen 8 analysts offer price targets for $VZ in the last 6 months, with a median target of $49.0.
Here are some recent targets:
- Benjamin Swinburne from Morgan Stanley set a target price of $47.0 on 12/10/2025
- Gregory Williams from TD Cowen set a target price of $51.0 on 10/30/2025
- Maher Yaghi from Scotiabank set a target price of $51.0 on 10/30/2025
- Jonathan Atkin from RBC Capital set a target price of $44.0 on 10/30/2025
- Sebastiano Petti from JP Morgan set a target price of $47.0 on 10/30/2025
- Michael Ng from Goldman Sachs set a target price of $49.0 on 09/02/2025
- Michael Funk from B of A Securities set a target price of $49.0 on 07/22/2025
Full Release
- Receipt of California regulatory approval on January 15, 2026 clears path to close transaction on January 20, 2026
- Approved transaction is expected to expand fiber access to almost 30 million homes and businesses and accelerate Verizon’s national mobility and broadband convergence strategy
-
Best mobile and home offers are expected to be available for customers after closing
BASKING RIDGE, N.J. and DALLAS, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) ("Verizon") and Frontier Communications Parent, Inc. (Nasdaq: FYBR) ("Frontier") today announced they have received all regulatory approvals and expect to close the acquisition on January 20, 2026. The pending transaction will bring Frontier’s lightning-fast fiber internet together with America’s best 5G mobile network 1 . Upon closing, Verizon will have an expanded reach of almost 30 million fiber passings across 31 states and Washington, D.C., delivering better value and more choices to millions more customers across the country.
“The path to closing the Frontier acquisition marks a significant milestone in Verizon's evolution and is a bold step forward in Verizon's transformation to regain market leadership,” said Verizon CEO Dan Schulman. “Upon closing, we will be uniquely positioned to offer our customers the best combined mobility and fiber experience for mobile, home internet, and other essential services across a significantly expanded footprint. Verizon is wholly focused on serving and delighting our customers and earning their trust and loyalty. After the transaction closes next week, our greatly expanded footprint will enable us to provide more value to more households and businesses in more regions, driving our growth and benefitting our customers and our shareholders.”
The transaction is expected to unlock significant cross-sell opportunities with access to a high-quality customer base in markets that are complementary to Verizon’s existing fiber markets. Upon closing, and with the greater availability of premium home internet and mobility services, customers are expected to gain access to new services, savings, and value they cannot get anywhere else. New offers for Frontier and Verizon customers are slated to launch after closing.
Verizon was the first major U.S. telecommunications company to provide fiber to the home in 2005, and is building on two decades of fiber leadership. This acquisition is expected to accelerate the company’s national fiber strategy at scale. Verizon will share additional details during its fourth-quarter 2025 earnings call on January 30, 2026.
Following the closing of the transaction, the common stock of Frontier will be delisted from Nasdaq and deregistered under the Securities Exchange Act of 1934. The last day of trading for the common stock of Frontier is expected to be January 16, 2026.
1 Based on RootMetrics® United States RootScore® Report: 1H 2025. Tested with best commercially available smartphones on three national mobile networks across all available network types. Your experiences may vary. RootMetrics rankings are not an endorsement of Verizon.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
Frontier (NASDAQ: FYBR) is the largest pure-play fiber provider in the U.S. Driven by our purpose, Building Gigabit America®, we deliver blazing-fast broadband connectivity that unlocks the potential of millions of consumers and businesses. For more information, visit www.frontier.com .
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/about/news. For images and logos, visit verizon.com/about/news/media-resources. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
Forward-looking statements
In this communication we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “forecasts,” “hopes,” “intends,” “plans,” “targets,” “will” or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.
Media contacts:
Katie Magnotta
[email protected]
201-602-9235
Jamie Serino
[email protected]
201-401-5460
