Verizon to acquire Frontier
Increases scale with 2.2 million fiber subscribers and will extend Verizon's network reach to 25 million premises across 31 states and Washington, D.C. Transaction valued at $20 billion, expected to be accretive to revenue and Adjusted EBITDA growth upon closing
Ticker |
Sentiment |
Impact |
FYBR
|
Neutral
|
5 %
|
BCS
|
Neutral
|
2 %
|
PJT
|
Neutral
|
2 %
|
VZ
|
Somewhat Bullish
|
40 %
|
MS
|
Neutral
|
2 %
|