Public Service Commission of West Virginia Approves Frontier
Communications' Acquisition of Verizon's Local Wireline Operations
by sashwa 08:59PM Monday May 17 2010
By Calvin Azuri, TMCnet Contributor
Frontier Communications Corporation, an independent provider of telecommunications services in the United States, had reportedly shown an interest in acquiring Verizon Communications’ local operation in West Virginia.
This pending acquisition has been approved by the Public Service Commission of West Virginia also known as PSC, subject to certain conditions, as reported by Frontier Communications Corporation. The PSC is a regulatory agency for utilities doing business in the state of West Virginia.
All the necessary state approvals have been received for the acquisition. The regulatory approval from the Federal Communications Commission also known as FCC (News - Alert) is however awaited by both the parties. The FCC is an independent United States government agency, charged with regulating interstate and international communications by radio, television, wire, satellite and cable. All the 50 states, the District of Columbia and U.S. possessions are covered under the jurisdiction of the FCC.
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