Report
EUR 8580.00 For Business Accounts Only

VZ/FYBR CPUC Argument Today: Our Pre-game Analysis

Today, at 1:00 PM PT, there will be an oral argument before the California Public Utilities Commission (CPUC) in which VZ will argue for various changes to the Proposed Decision (PD) related to VZ’s acquisition of FYBR. As discussed in last week’s note, there are many issues at stake but from an investor’s perspective the most critical appears to be about what deployment obligations the combined company will have if the merger closes. In this note, we list the changes VZ seeks to assist investors following the argument.
Underlyings
FRONTIER COMMUNICATIONS PARENT INC

Verizon Communications Inc.

Verizon Communications is a holding company. Through its subsidiaries, the company provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The company has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The company's Consumer segment provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements. The company's Business segment provides, among others, wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services.

Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Analysts
Blair Levin

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