The FCC has signed off on the $20 billion Verizon and Frontier Communications merger. This federal agency approval will allow Verizon to significantly expand its fiber reach and subscriber base, which is presently limited primarily to the Mid-Atlantic and Northeast.

The Federal Communications Commission said Friday it was approving Verizon Communications's $20 billion deal to acquire fiber-optic internet providers Frontier Communications after the largest U.S. telecom company agreed to end its diversity,

Verizon Communications this week received approval from the Federal Communications Commission (FCC) for its proposed merger with Frontier. The FCC approved the merger after Verizon agreed to end its diversity, equity and inclusiveness (DEI) programs, according to a statement from the federal regulator.