MoffettNathanson Downgrades Frontier Communications (FYBR) to Neutral

Verizon Communications (VZ) Shares Gain ~3%, Co. Spoke at Goldman Sachs Conference Earlier

September 9, 2024 1:07 PM EDT

Goldman Sachs analyst James Schneider reiterated a Buy rating and $50.00 price target on Verizon Communications (NYSE: VZ).

The analyst comments "Bottom line: We have three key takeaways: (1) the company is bullish on the proposed Frontier transaction and its ability to drive improved penetration... More

MoffettNathanson on Verizon Communications (VZ) Bid for Frontier (FYBR): 'It's a terrible Idea'

September 5, 2024 7:24 AM EDT

MoffettNathanson on Verizon Communications (NYSE: VZ) bid for Frontier Communications (NASDAQ: FYBR): 'It's a terrible Idea'

The analyst comments "Were not sure theres much to say about a reportedly imminent Verizon acquisition of Frontier that isnt obvious so lets start with the obvious. Its a terrible idea. If there is a... More

Verizon to buy Frontier in $20 billion deal to boost fiber network in U.S

September 5, 2024 6:11 AM EDT

By Deborah Mary Sophia and Harshita Mary Varghese

(Reuters) -Verizon said on Thursday it will buy fiber-optic internet provider Frontier Communications in an all-cash deal worth $20 billion, as the U.S. wireless carrier looks to grow its subscriber base.

The deal will also help one of the biggest U.S. network providers better compete against rivals AT&T and T-Mobile as they double down on unlimited plans and bundling options.

Verizon has offered $38.50 per share, representing a premium of 37.3% to the closing stock price of Frontier on Sept. 3, a day before reports of a potential acquisition first emerged.... More

Verizon Communications (VZ) To Buy Frontier (FYBR) For $38.50/Share In Cash

September 5, 2024 6:05 AM EDT

Verizon Communications Inc. (NYSE, NASDAQ: VZ) and Frontier Communications Parent, Inc. (NASDAQ: FYBR) today announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all-cash transaction valued at $20 billion. This strategic acquisition of the largest pure-play fiber internet provider in the U.S. will significantly expand Verizon's fiber footprint across the nation, accelerating the companys delivery of premium mobility and broadband services to current and new customers. It will also expand Verizon's intelligent edge network for digital innovations like AI and IoT.

The... More

Increasing unusual call option volume: XLB FYBR FROG DLTR DHT URBN EXC TAP LUNR

September 5, 2024 4:40 AM EDT

Increasing unusual call option volume: XLB FYBR FROG DLTR DHT URBN EXC TAP LUNR

... More

Frontier Communications (FYBR) September 32.50 calls active amid M&A reports

September 5, 2024 4:23 AM EDT

Frontier Communications (NASDAQ: FYBR) 30-day option implied volatility is at 46; compared to its 52-week range of 36 to 82 amid Verizon (VZ) near deal to acquire Frontier, WSJ reports. Call put ratio 1 call to 1.3 puts with focus on with focus on September 32.50 calls.

... More

Frontier Communications (FYBR) call put ratio 2 calls to 1 put amid share price up 37%

September 4, 2024 3:09 PM EDT

Frontier Communications (NASDAQ: FYBR) 30-day option implied volatility is at 48; compared to its 52-week range of 36 to 82 amid Verizon (VZ) near deal to acquire Frontier, WSJ reports. Call put ratio 2 calls to 1 put with focus on with focus on September 32.50 calls.

... More

Verizon closes in on deal for Frontier Communications: WSJ

September 4, 2024 2:46 PM EDT

Investing.com -- Verizon is reportedly in talks to buy fiber provider Frontier Communications (OTC: FTRCQ) (NASDAQ: FYBR) as the telecoms giant looks to close the gap on rivals including AT&T (NYSE:... More

Frontier Communications (FYBR) resumes trading, up 34%

September 4, 2024 1:58 PM EDT

(Updated - September 4, 2024 1:59 PM EDT)

Frontier Communications (NASDAQ: FYBR) resumes trading, up 34%

The company is reportedly in late-stage talks to be acquired by Verizon (NYSE: VZ), according to WSJ.... More

Verizon nearing deal for Frontier Communications, WSJ reports

September 4, 2024 1:51 PM EDT

(Reuters) -Verizon is in advanced talks to acquire Frontier Communications in a deal that would boost its fiber network and help it compete with rivals including AT&T, the Wall Street Journal reported on Wednesday.

An announcement could come this week if the deal talks do not hit any... More

Frontier Communications (FYBR) halted, up 8% on Verizon (VZ) deal rumors

September 4, 2024 1:35 PM EDT

(Updated - September 4, 2024 1:36 PM EDT)

Frontier Communications (NASDAQ: FYBR) halted, up 8%

WSJ reported Verizon is in advanced talks to acquire the company.... More

Verizon (VZ) Nearing Deal To Buy Frontier Communications (FYBR) - WSJ

September 4, 2024 1:32 PM EDT

(Updated - September 4, 2024 1:34 PM EDT)

Verizon (NYSE: VZ) is nearing deal to buy Frontier Communications (NASDAQ: FYBR), according to a Wednesday report by the WSJ.

Verizon rumored to be in advanced talks to... More