FCC approves Verizon acquisition after changes to DEI policy

The US Federal Communications Commission said on Friday it was approving Verizon Communications’ US$20 billion (A$31.2b) deal to acquire fibre-optic internet provider Frontier Communications after the company agreed to end its diversity, equity and inclusion programs. Verizon agreed to buy Frontier in September for about US$9.6 billion and absorb US$10 billion in Frontier debt. Commission…

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