Arizona regulator approves Frontier's Verizon line acquisition

Frontier reached another milestone this week in its pending deal to acquire Verizon's local lines in 14 states as the Arizona Corporation Commission unanimously gave its blessing to transfer the RBOC's local wireline operations to Frontier.

Arizona is the fifth state to approve the deal. Following unanimous approvals in 2009 by the California Public Utilities Commission, the Public Utilities Commission of Nevada and the Public Service Commission of South Carolina, the Ohio Public Utilities Commission voted to approve the deal last week. Frontier also obtained cable television franchise approval from the 41 communities in Oregon and Washington State.

 

"By approving this transaction, Arizona regulators have acted in the interest of the state's consumers," said Tim McCallion, president of Verizon's West region in a release. "The transaction allows Frontier and Verizon to concentrate on serving customers in the areas where the companies are strongest and will bring benefits, such as increased broadband availability, to consumers and small businesses in Arizona."

While Frontier has cleared another hurdle in the acquisition process, it still needs regulatory buy-in from not only Illinois, Oregon, Washington and West Virginia, but also from the FCC. 

For more:
- see the release here

Related articles
Frontier gets Ohio's blessing for Verizon line acquisition
Frontier gets local video franchise thumbs up in Oregon, Washington
Oregon, Washington regulators protest Frontier's Verizon acquisition
Three states approve Frontier's acquisition of Verizon's rural lines

Suggested Articles

Microsoft announced that it is committing to becoming carbon negative by 2030 and that it will eliminate all past carbon emissions by 2050.

In 2017, Amazon's CEO and senior leadership team sought $1 billion in additional economic incentives for real estate projects around the country.

Colt Technology Services announced on Thursday that it has hired Annette Geuther as its vice president of new business development.