Frontier Communications Corporation (NYSE: FTR) is one of the nation's largest rural local exchange carriers. FTR offers local and long-distance telephone service, Internet access, wireless Internet access, digital phone, DISH satellite TV and more. FTR operates in 24 states and provide service to approximately 3.0 million access lines and High-Speed Internet subscribers. FTR serves primarily rural and suburban areas; these communities offer a great quality of life and offers them connectivity, a local workforce and a commitment to their continued growth and prosperity.
On May 13, 2009, Frontier Communications (NYSE: FTR) announced the signing of a definitive agreement with Verizon Communications Inc. (NYSE: VZ) to acquire @ 4.8 million access lines from Verizon. Upon completion of the transaction, Frontier will be the largest pure rural communications provider and the nation’s fifth largest incumbent local exchange carrier (ILEC) with more than 7 million access lines, 8.6 million voice and broadband connections and 16,000 employees in 27 states.
The transaction is subject to approval by Frontier shareholders and the satisfaction of customary closing conditions and regulatory approvals, including the Federal Communications Commission and nine states public service commissions. The transaction is expected to be completed in 12 months.
|» Arizona, California, Illinois, Nevada, Ohio, Oregon, South Carolina, Washington and West Virginia |
For more information about Frontier and the transaction : phx.corporate-ir.net/phoenix.zhtml
Company Web Site: www.frontier.com/default.aspx Special Events / Webcasts: phx.corporate-ir.net/phoenix.zhtml
Investor Relations: phx.corporate-ir.net/phoenix.zhtml
Public and Community Relations: www.frontier.com/corporate_communications/
Outstanding Shares ( 04-28-10 ) : 312,284,000
10-Q (05-06-10) Quarterly Filings: phx.corporate-ir.net/phoenix.zhtml
10-K (02-26-10) Annual Report: phx.corporate-ir.net/phoenix.zhtml
Questions concerning dividend payments, lost certificates, change of address, receipt of duplicate material, stock transfers, account consolidations, and all other account-related information should be directed to Computershare using the following contact information:
|Transfer Agent: || ||Computershare |
|Phone: || ||877-770-0496 or 781-575-2382 |
|Website: || ||www.computershare.com/investor |
|Mailing Address: || ||P.O. Box 43078 |
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