Member

| I have fought with Verizon so many times that I can’t call this a good thing.
Politicians seem to have forgotten that they work for us, not the other way around. — — — — — — — — — — — — God bless America. |
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Savor the limelight
| The airline? |
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Partial dichotomy
| quote: Originally posted by Opus Dei: Didn't Verizon shift their land line (POTS) service to Frontier a few years ago? And now they're back?
Yeah, I thought they were under the same umbrella and then Frontier was spun off.
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| | | Posts: 41801 | Location: SC Lowcountry/Cape Cod | Registered: November 22, 2002 |  
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Member
| Verizon sold many of their State landline operations to Frontier about 20 years ago.
Now Verizon appears to be buying Frontier. |
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Member

| quote: Originally posted by 6guns:
Yeah, I thought they were under the same umbrella and then Frontier was spun off.
Yep. And now they bought them back. They are like a yo-yo.
What am I doing? I'm talking to an empty telephone |
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Member
| This is a shell game.
Frontier Communications acquired significant landline, broadband, and TV assets from Verizon in two major, separate deals in 2010 and 2016, rather than buying the entire corporation originally. In 2010, Frontier bought Verizon's wireline operations in 14 states for $8.6 billion. In 2016, Frontier acquired Verizon’s operations in California, Florida, and Texas for $10.5 billion.
Verizon is acquiring Frontier Communications in an all-cash transaction valued at $20 billion, including the assumption of debt.
Someone made some good money on this. |
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