Court OKs Verizon-Frontier Deal With Changes: California Brief

Verizon-Frontier Deal OK’d With Changes

Verizon had to make several concessions to get the green light on its deal to acquire Frontier Communications’ California operations.

The California Public Utilities Commission’s yearlong review of the deal faced a roadblock in May when Verizon announced it would scrap its diversity, equity, and inclusion programs after pressure from the Federal Communications Commission and state regulators. The move prompted concerns that Verizon would clash with California’s business anti-discrimination laws.

However, Verizon agreed to several measures to comply with state law, including the creation of a $10 million, five-year workforce development program run ...