<ul><li>The FCC has approved the merger between Verizon and Frontier, with Verizon acquiring Frontier Communications for $9.6 billion in cash and $10 billion of debt.</li><li>Verizon's commitment to ending all DEI-related practices was key to gaining FCC approval, aligning with the Trump administration's goal to eliminate diversity, equity, and inclusion initiatives.</li><li>The FCC stated that the approval ensures discriminatory DEI policies end and that the merged entity commits to equal opportunity and nondiscrimination.</li><li>Verizon plans to upgrade and expand Frontier's network across 25 states, deploying fiber to over a million American homes annually.</li></ul>

FCC approves Verizon's $20 billion merger with Frontier

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