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The FCC approves the merger of $ 20 billion in Verizon after it undertakes to “end”

remon Buul by remon Buul
May 16, 2025
in Business
0
The FCC approves the merger of $ 20 billion in Verizon after it undertakes to “end”

Verizon plans to bring the fibers to 1 million houses each year after the acquisition. The agreement concluded after Verizon “undertook to end the practices related to the DEI”, according to a press release from the President of the FCC, Brendan Carr.

Interception reports that in a letter of May 15 in Carr, the legal director of Verizon, Vandana Venkatesh, described what he is moving away. Given that “Verizon recognizes that certain DEI policies and practices could be associated with discrimination”, it will no longer have HR roles or teams focused on DEI, suppress references at the end of employee training equipment, as well as diversity objectives in its supplies, the representation of women and minorities in its labor market. In the letter, Venkatesh says that now Verizon’s public messaging will “delete references to” Dei “or” diversity, equity and inclusion “.

Thanks to the merger, Verizon will also be able to recover part of its fiber activities after having sold parts of its wired operations, in particular FIOS FIBER Internet Connections, in Frontier in 2015. Carr declared that the merger will allow fiber to come to more communities, including rural areas. Bead, an initiative of the Biden era, was supposed to pay fiber suppliers to bring the Internet at high speed to rural areas, but a report of The Washington Post suggests that “money does not flow”.

Update, May 16: Added additional details of Verizon’s letter to the FCC and Decoder.

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