The deal integrates Frontier's advanced fiber network, which encompasses 2.2M subscribers across 25 states, into Verizon's portfolio of fiber and wireless assets, including its best-in-class Fios offering. In addition to the deal announcement, Verizon ( VZ ) also reaffirmed its full-year 2024 guidance, including adjusted EPS of $4.50 to $4.70 and wireless service revenue growth of 2% to 3.5%. Shares of Frontier Communications ( FYBR ) fell over 9% premarket, while Verizon ( VZ ) was up 0.72 %.