Overview
- The FCC approved Verizon's $20 billion acquisition of Frontier Communications after the company committed to eliminating all DEI-related practices.
- Verizon's changes include removing DEI references from employee training, ending diversity-based hiring goals, and modifying supplier diversity and sponsorship policies.
- FCC Chair Brendan Carr tied merger approvals to the termination of corporate DEI programs, aligning with the Trump administration's broader anti-DEI agenda.
- The decision marks a significant corporate shift, with Verizon joining other major companies rolling back DEI initiatives under regulatory and political pressure.
- Verizon expects the merger to expand fiber infrastructure, reaching 1 million U.S. homes annually and enhancing broadband access in 25 states.