An update from Light Reading…

T-Mobile, Comcast and others likely won’t seek to block or oppose Verizon’s proposed $20 billion acquisition of fiber network operator Frontier, according to a handful of financial analysts.

Verizon’s $20 billion play for fiber network operator Frontier Communications likely won’t encounter any major troubles from regulators or competitors, according to a handful of financial analysts.

“Frontier will be acquired by Verizon,” wrote the financial analysts at TD Cowen in a note to investors this week. “Following the T-Mobile Capital Markets Day, we see a lower probability of a topping bid for Frontier. Private investors are more likely to roll up smaller regional FTTH [fiber to the home] players, to then eventually sell to Big 3 carriers. We expect the deal to close as announced.”