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Conn. PURA Proposes Approval of Verizon, Frontier Deal

A proposed final decision issued Monday would approve Verizon and Frontier's $20 billion all-cash deal in Connecticut (see 2503260070). The Public Utilities Regulatory Authority's proposed decision would also approve a settlement agreement between the companies and the Office of Consumer…

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Counsel. The PURA said it found that Verizon "possessed the requisite financial, technological, and managerial suitability and responsibility and the ability to provide safe, adequate, and reliable service to the public."