Utility regulators in California have approved Verizon’s propose nearly $10 billion acquisition of peer broadband provider Frontier Communications, though the green light comes with a few strings attached.
On Thursday, the California Public Utilities Commission (CPUC) unanimously approved the acquisition after a year-long process, during which nearly every element of Verizon and Frontier’s existing businesses were scrutinized.
The deal requires Verizon to deploy its fiber-based Internet to more than 75,000 new locations in the state within the next five years — Verizon doesn’t currently offer its residential Fios service anywhere in California, but does offer wireless 5G home Internet in some communities.



Equal price-gouging for all.