Any time a major acquisition occurs, it’s standard for regulatory agencies to want to secure some promises before giving it the green light. Verizon’s recently approved purchase of Frontier Communications for $20 billion is no exception, but the concessions that Brendan Carr, Donald Trump’s pick to head the Federal Communications Commission, was able to secure are a little… different. Carr gave the green light to consolidate the industry once Verizon promised it would stop caring about workforce diversity.
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Ugh Verizon is buying Frontier? That sucks.