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[The Voice of Reason]

This stamford based company just trippled in size today.

In what looks like a win win for both companies.  its some kind of joint venture and is pretty much a stock only deal.  here is a piece of the press release from Frontier.

Frontier Communications Corporation (NYSE: FTR) today announced that it has signed a definitive agreement with Verizon Communications Inc. (NYSE: VZ) under which Frontier will acquire approximately 4.8 million access lines from Verizon. The all stock transaction is valued at approximately $8.6 billion. The transaction will create the largest pure rural communications services provider and the nation’s fifth largest incumbent local exchange carrier (ILEC) with more than 7 million access lines, 8.6 million voice and broadband connections and 16,000 employees in 27 states. Frontier will offer broadband, new bundled services and expanded technologies to customers across its expanded geographic footprint.

regardless, if Frontier can handle this new business and things come together nicely, Frontier of Stamford just became a major phone company.  It will be interesting to see how this works out in the end.  I could only imagine that this will bring jobs to Stamford but we will see.