( ) -q-21- UNDATED (Correspondent Jeremy House) “from fiber products.” Verizon is buying Frontier Communications in a $20 billion deal that helps to strengthen its fiber network. [CutID: <Cuts> VERIZON-FRONTIER-house-q-FRIam.mp3 Time: 21s Title: VERIZON-FRONTIER-house-q-FRIam Out-cue: from fiber products] TAG: Correspondent Jeremy House reporting. ———————— VERBATIM: Verizon Communications says the transaction will also help it in […]
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Verizon buying Frontier in $20B deal to strengthen fiber network
( ) -q-21- UNDATED (Correspondent Jeremy House) “from fiber products.”
Verizon is buying Frontier Communications in a $20 billion deal that helps to strengthen its fiber network.
[CutID: <Cuts> VERIZON-FRONTIER-house-q-FRIam.mp3
Time: 21s
Title: VERIZON-FRONTIER-house-q-FRIam
Out-cue: from fiber products]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: Verizon Communications says the transaction will also help it in the area of artificial intelligence. Frontier has concentrated heavily on its fiber network capabilities over about the last four years, investing $4.1 billion upgrading and expanding its fiber network. It now gets more than half of its revenue from fiber products.