The FCC has announced its approval of the merger between communications giants Verizon and Frontier, after a deal was made last year. Verizon will acquire Frontier Communications for $9.6 billion in cash,

After FCC chairman Brendan Carr said Verizon agreed to end its DEI policies, the agency approved the telco's $20 billion deal to acquire Frontier.

Verizon Communications Inc. won Federal Communications Commission approval for its $9.6 billion acquisition of Frontier Communications Parent Inc. after agreeing to agency demands to pare back diversity initiatives in line with President Donald Trump’s policies.