Verizon has entered into a definitive agreement to acquire competing fiber Internet service provider Frontier Communications in a transaction valued at $20 billion, including $9.6 billion in cash. The deal is expected to close in about 18 months, pending Frontier shareholder and regulatory approval. Verizon says the deal will increase its fiber subscribers by 2.2 million customers and extend its network reach to 25 million households across 31 states and Washington, D.C. It is also expected to expand Verizon’s intelligent edge network for digital innovations like artificial intelligence and the Internet of Things. Continue reading Verizon Plans Frontier Acquisition in Deal Valued at $20 Billion

A dozen major phone companies — including mobile and broadband service providers such as AT&T, Comcast, Sprint, T-Mobile and Verizon — are teaming with 51 attorneys general from across the U.S. to introduce call-blocking tech and additional measures designed to help regulators take on scammers by preventing robocalls. According to Irvine, CA-based call-blocking service YouMail, robocalls reached 4.7 billion consumers in July alone. “Robocalls are a scourge — at best, annoying, at worst, scamming people out of their hard-earned money,” said North Carolina attorney general Josh Stein. Continue reading Phone Companies Adopt New Plan to Combat Robocallers

AT&T revealed its new strategy for advertising, to help monetize its $85.4 billion Time Warner acquisition. Brian Lesser, chief executive of new advertising unit Xandr (after Alexander Graham Bell) described plans to deliver ads targeting individuals and households. His argument is that the media industry needs to run ads to pay for expensive, critically acclaimed series, because revenue from subscription services isn’t enough. Xandr consists of recent purchase AppNexus, AT&T Adworks and its other adtech services. Continue reading AT&T’s Ad Unit Xandr Revs Up to Offer Targeted Advertising