Verizon's $20 Billion Power Move Acquiring Frontier. What does it mean?

why do 70% of Telecom experts think Verizon's latest deal is a GameChanger let's dive in Verizon is acquiring Frontier Communications for a jaw-dropping $20 billion in an all cash deal what does this mean for you picture this Verizon's already impressive 7.4 million FiOS connections now boosted by frontier's 2.2 million fiber subscribers this strategic move isn't just about numbers by merging Frontier Midwest and West Coast presence with Verizon's Northeast stronghold Verizon's creating a coast to coast fiber powerhouse it's a Game of Thrones in the Telecom world and Verizon's aiming to take the crown CEO Hans vestberg calls it a perfect fit and here's why expect at least $500 million in annual cost synergies that's a fancy way of saying savings folks these savings mean more resources to enhance Broadband services and outshine competitors like at and te so what's in it for you enhanced high-speed internet service more coverage and potentially better pricing this deal underscores Verizon's commitment to expanding its fiber Network and staying ahead in the Broadband race exciting times ahead for the internet landscape stay tuned for more updates please like this video And subscribe so we can keep making awesome news videos