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FCC Approves Verizon’s $20 Billion Frontier Deal After Telco Committed to Eliminating DEI, Agency’s GOP Chairman Says
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.
After Verizon agreed to end its diversity, equity and inclusion policies, the FCC — led by Trump-appointed chairman Brendan Carr — approved the telco’s $20 billion deal to acquire Frontier Communications. In March, Carr said he would block M&A deals for companies that promote diversity, equity and inclusion programs as he helps execute President Trump’s aggressive anti-DEI agenda. Last month, the Wall Street Journal reported that Paramount was meeting with FCC officials to negotiate a “commitment that the company continues to abstain from particular corporate diversity issues.”
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