Verizon makes harsh move to land $20 billion acquisition of rival
The telecommunications giant has made a major sacrifice to acquire a growing competitor.
Verizon (VZ) , one of the top mobile providers in the U.S., has opted to make a desperate move to secure a $20 billion deal to expand its fiber internet services nationwide.
In September last year, Verizon announced its plans to acquire internet giant Frontier Communications to accelerate the delivery of its “mobility and broadband services to current and new customers.”
