1. Verizon's $20 billion acquisition of Frontier Communications aims to expand its fiber broadband footprint in rural markets; 2. Q2 2024 results show a 0.6% revenue increase to $32.8 billion, driven by a 3.5% rise in wireless service revenue; 3. Despite a recent decline in adjusted EPS, Verizon's strong cash flow and improved balance sheet support its growth strategy.