M&A Deal Summary |
|
|---|---|
| Date | 2015-02-05 |
| Target | Verizon Communications - Wireline Operations in California Florida and Texas |
| Sector | Communications |
| Buyer(s) | Frontier Communications |
| Sellers(s) | Verizon Communications |
| Deal Type | Divestiture |
| Deal Value | 10.5B USD |
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| Category | Company |
|---|---|
| Founded | 1935 |
| Sector | Communications |
| Employees | 14,708 |
| Revenue | 5.8B USD (2022) |
Frontier Communications is a provider of broadband, voice, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers, small businesses, and home offices, and advanced communications for medium and large businesses in 27 states. Frontier Communications was founded in 1935 and is headquartered in Norwalk, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Communications) | 6 of 6 |
| Type (Divestiture) | 4 of 4 |
| State (New York) | 2 of 2 |
| Country (United States) | 6 of 6 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-17 |
New Cingular Wireless Services
Redmond, Washington, United States New Cingular Wireless Services, Inc., doing business as AT&T Mobility, provides wireless communications service in the United States. |
Buy | $200M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-22 |
Frontier Communications - Wireless Towers
Norwalk, Connecticut, United States Frontier Communications Corp. - Wireless Towers includes 100 wireless tower assets in Norwalk, Connecticut. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 130,100 |
| Revenue | 136.8B USD (2022) |
Verizon Communications is a provider of communications, information, and entertainment products and services to consumers, businesses and governmental agencies. Verizon offers voice, data and video services and solutions on wireless and wireline networks that are designed to meet customers’ demand for mobility, network connectivity, security and control. Verizon dates back to 1983 and is based in New York City. Verizon Communications was founded in 1983 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 13 |
| Sector (Communications) | 5 of 7 |
| Type (Divestiture) | 6 of 12 |
| State (New York) | 2 of 5 |
| Country (United States) | 7 of 13 |
| Year (2015) | 1 of 2 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-22 |
Federal Network Systems
Ashburn, Virginia, United States Federal Network Systems LLC provides systems integration and communication, information technology and data security solutions for the global market; with particular focus on supporting the Intelligence Community, the Department of Defense, and federal civilian customers. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-12 |
AOL
New York, New York, United States AOL is a media technology company that produces, distributes, and monetizes by connecting publishers with advertisers on its global, programmatic content and advertising platforms. The Company was formed in 1985 and is based in New York City. |
Buy | $4.4B |
