A major communications agreement in America. "Frieson" holds its rival "Frontire" with $ 9.6 billion

Frazon Communicichens has agreed to buy its competitor in the telecommunications sector, ‘Frontier Communickens’ for about $ 9.59 billion, as the Giant Communications Company in New York wants to expand its high -speed business business. Frontire investors will receive $ 38.5 per share on Tuesday, representing a 37% increase against the closing price of $ 28.04 before announcing the agreement, according to Frieson in a statement Thursday. The value of the company in Dallas is estimated at about $ 20 billion, including debt. Telecommunications companies such as “Frieson” increase the assets of optical fiber to meet the increasing client’s needs of the data, while the growth of revenue delaying wireless services. Data flow is expected to increase more as more businesses adopt artificial intelligence. Last July, T-Mobile USA (.T-Mobile US Inc.) announced that it would invest $ 4.9 billion in a joint venture at the Special Park Company (.KKR & CO) to buy an Internet service provider with Optical Fiber (Metronet). The integration of the fiber network will merge the transaction, the Fiber Network, “Fronter”, into the Frezon portfolio of fiber and wireless communications, including the FIOS service. During almost the past four years, Frontier has invested $ 4.1 billion in updating and expanding its fiber network. 2.2 million subscribers will be combined with fiber service in 25 US states at the Frieson customer base, which includes approximately 7.4 million subscribers in the “FIS” service in nine states and Washington, DC. Frezon plans to add 2.8 million extra fiber spots by the end of 2026, which will increase 7.2 million Frontire sites, the two companies reported. Frieson CEO Hans Vestberg said the acquisition would enable the company to become ‘more competitive in more markets’ within the United States. “This step is a deeper commitment to the optical fiber strategy, and Frieson’s presence in the high -speed Internet field will improve the long -term more sustainably.”