However, the deal will delay Verizon's ability to achieve its leverage target. Credit rating agency Fitch expects Verizon's leverage ratio to be around 2.3 times by the time it closes the Frontier ...
AT&T (T) first attempted to exit the business in 2021 when it sold a 30% stake to TPG (TPG) and set up a joint venture. The venture has since paid regular cash distributions to its owners and AT&T has ...