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Telecom & Media Shakeup: Verizon, Paramount, AT&T News
Frontier CT is Now Verizon
If you are already a Frontier customer, you don’t need to do anything. For now, your account & account management will remain the same, including your existing deals. Verizon will be in touch in the coming months with any updates. However, you may want to take advantage of some of the benefits of being a Verizon customer. Save when you combine your home internet and mobile service with Verizon. Check out our Mobile + Home enrollment hub to learn more or visit Verizon’s Frontier hub to see other options available to you.
Paramount to Acquire Warner Bros. Discovery New York
Paramount Skydance Corporation (NASDAQ: PSKY) (“Paramount”) and Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“WBD”) today announced they have entered into a definitive merger agreement under which Paramount will acquire WBD, forming a premier global media and entertainment company focused on expanding consumer choice and empowering creative talent worldwide. Under the terms of the agreement, Paramount will pay $31.00 per share in cash for all outstanding shares of WBD. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in Q3 2026, subject to customary closing conditions, including regulatory clearances and approval by WBD shareholders, with a vote expected in the early spring of 2026. In the event the transaction has not closed by September 30, 2026, WBD shareholders will receive a $0.25 per share “ticking fee” for each quarter (measured daily) until closing.
AT&T Announces $250 Billion Commitment to Advance U.S. Connectivity
AT&T marks the 150th anniversary of the first phone call by re-affirming its leadership in investing in U.S. telecommunication infrastructure through 2030. Building on the legacy of founder Alexander Graham Bell’s first phone call 150 years ago, AT&T is reaffirming its leadership as the company driving America’s connected economy so every community, family, and business can participate in the promise of American progress.
Key Takeaways:
- AT&T is committing more than $250 billion over five years to build the best and largest network, with the capabilities and resilience required for the next era of innovation and economic growth.
- We are investing at the top of our industry to deliver unmatched coverage for more than 100 million customers on the nation’s largest fiber and wireless networks.
- AT&T is deploying networking infrastructure required to meet the ever-increasing demand for reliable, always-on connectivity across urban, suburban and rural America.
“Today, we’re committing more than $250 billion to increase U.S. connectivity competitiveness and expand access to AT&T’s leading fiber and wireless networks – the best way to get on the internet,” said John Stankey, Chairman and CEO of AT&T. “Current Federal telecommunications policy is as strong as I’ve seen in my career, making our commitment to invest possible. We look forward to serving American communities and businesses for the next 150 years.”
What began with a single copper wire has evolved into the nation’s largest converged network of fiber internet and 5G wireless services, connecting people at home, at work, and on the go.
