12:58 PM EDT, 05/16/2025 (MT Newswires) -- Shares of Verizon Communications ( VZ ) were up 1% in recent Friday trading after the Federal Communications Commission's Wireline Competition Bureau said it approved the company's $20 billion acquisition of Frontier Communications (FYBR).

Verizon previously confirmed to MT Newswires Friday it was ending its diversity, equity and inclusion programs as it was seeking US Federal Communications Commission approval for its acquisition of Frontier.

Verizon did not immediately reply to a request for comment from MT Newswires.

Price: 43.90, Change: +0.42, Percent Change: +0.97