Verizon Closing Frontier Acquisition Jan.20, Delisting Shares Jan.16, Adding Fiber to 30M Homes
Frontier Communications will be acquired by Verizon, closing January 20, 2026, expanding Verizon’s fiber network to almost 30 million homes, and Frontier’s Nasdaq common stock will be delisted January 16, 2026. Zacks upgraded Frontier to #1 (Strong Buy), reflecting optimism about earnings prospects and potential near-term share gains.
1. Regulatory Approval Clears Path for Frontier Acquisition
On January 15, 2026, Frontier Communications (NASDAQ:FYBR) secured final clearance from the California Public Utilities Commission, meeting the last regulatory requirement for its acquisition by Verizon Communications. The transaction, set to close on January 20, 2026, will integrate Frontier’s pure-play fiber network—covering more than 30 million passings across 31 states and Washington, D.C.—into Verizon’s existing fiber footprint. Following closing, Frontier’s common stock will be delisted from Nasdaq on January 16, 2026, and deregistered under the Securities Exchange Act of 1934. Management expects the combined entity to unlock substantial cross-sell opportunities by offering bundled 5G mobility and gigabit-class home internet services to an expanded base of nearly 30 million households and businesses.
2. Zacks Raises Frontier to Strong Buy on Improved Earnings Outlook
Zacks Investment Research upgraded Frontier to a Rank #1 (Strong Buy), citing a bullish outlook for the company’s earnings trajectory post-deal, driven by anticipated operational synergies with Verizon’s national broadband strategy. Analysts project that cost savings from network integration and higher average revenue per user—through combined mobility and fiber packages—could boost Frontier’s adjusted EBITDA by 15% in fiscal 2026. The upgrade reflects growing confidence in Frontier’s ability to convert its fiber-only customer base to more lucrative bundled offerings, positioning FYBR for potential upside as the acquisition closes and new service plans roll out.