Frontier, Verizon Urge That CPUC Adopt 'Efficient Schedule' on Proposed Deal
Frontier and Verizon urged that the California Public Utilities Commission "adopt an efficient schedule" for its proceeding regarding Verizon's $20 billion all-cash deal to purchase Frontier (see 2409050010). The companies met virtually with aides to Commissioner John Reynolds, per an…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
ex parte filing posted last week. They sought approval by October and "underscored that a delay in California would impact the national transaction as a whole, and delay bringing benefits to consumers." The companies also noted that Frontier is "under financial pressure" and the transaction will allow it to continue fiber deployment.