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Frontier Communications Corp (FTR)

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Last Post: 1/19/2018 9:38:37 AM - Followers: 92 - Board type: Free - Posts Today: 0

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 29 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.

December 29, 2017

Frontier Communications Continues to Deploy Rural Broadband Ahead of Schedule, Reaching Connect America Fund Milestones in Eight Additional States

WASHINGTON--(BUSINESS WIRE)-- Frontier Communications (NASDAQ:FTR) continues its rural broadband surge, exceeding 2017 milestone requirements of the Connect America Fund program (CAF) in eight additional states. Florida, Idaho, Illinois, Indiana, Michigan, Tennessee, Texas and Wisconsin join the list of states where Frontier is ahead of pace in deploying rural broadband. The Federal Communications Commission's (FCC) program rules associated with CAF require companies that accepted the funds to deploy broadband to 40 percent of the eligible locations by the end of 2017. The newly announced states join Arizona, Connecticut, Georgia, Montana, New York, North Carolina, Pennsylvania, Washington and West Virginia as having reached the 40 percent milestone.

Nationally, Frontier now provides broadband to over approximately 331,000 households and small businesses in its CAF-eligible areas, and has improved speeds to over approximately 875,000 additional homes and businesses. The deployments reflect a combination of Frontier capital investment and resources that the FCC has made available through the CAF program. The company is aggressively marketing broadband offerings to households with new access or improved speeds. Many of the locations newly served are capable of receiving speeds of 25 Mbps and faster.

"We are piling up broadband milestones as we make a strong broadband deployment push to close out 2017," said Mark D. Nielsen, Frontier Executive Vice President and Chief Legal Officer. "The combination of CAF and Frontier's investments have enabled new broadband connections that are vital to closing the digital divide. Every day we see our customers benefiting from the significant economic and educational benefits of broadband connectivity."

Through its partnership with the FCC, Frontier will turn $332M in annual funding into broadband availability for 774,000 households and business of at least 10 Mbps over the life of the program.

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.

» Arizona, California, Illinois, Nevada, Ohio, Oregon, South Carolina, Washington and West Virginia

For more information about Frontier and the transaction :

Company Web Site:                                  Special Events / Webcasts:      

Investor Relations:                        

Public and Community Relations:

Outstanding Shares ( 04-28-10 ) :      312,284,000  

10-Q (05-06-10) Quarterly Filings:

10-K (02-26-10) Annual Report:   


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
Mailing Address:     P.O. Box 43078
Providence, RI 02940-3078

By Overnight Delivery:
Computershare Investor Services
250 Royall St.
Canton, MA 02021


Fulltime Employees: 5,403




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#2561  Sticky Note The crap CEO should cut all the dividends Value_Investor 01/09/18 05:21:25 PM
#2563   Isn't Frontier communications where they use smoke signals? Lowjack 01/19/18 09:38:36 AM
#2562   We find the bottom yet? Looking to buy phillard 01/16/18 11:16:31 AM
#2561   The crap CEO should cut all the dividends Value_Investor 01/09/18 05:21:25 PM
#2560   Hold on Tight The FTR Roller Coaster is CashRock 01/04/18 02:47:14 PM
#2559   FTR PPS is well above $7 now, if CashRock 01/03/18 09:46:37 AM
#2556   The class action suit is in court tomorrow sbugbee 01/01/18 09:31:51 PM
#2555   Or file bankruptcy not one red cent ~NORC~ 12/31/17 11:56:32 AM
#2554   At least the dividend buys you more shares RN1 12/30/17 10:48:28 AM
#2553   Cash Yes it sure was nice to find a oltimer 12/29/17 12:01:08 PM
#2552   Great Day, I woke up this morning & CashRock 12/29/17 11:11:41 AM
#2551   FTR has a $12.58 PPS average price target CashRock 12/28/17 12:07:03 PM
#2550   We are definitely close to bottom if not Morningwood1 12/26/17 10:02:39 PM
#2547   FTR PPS is about to move up again, CashRock 12/26/17 04:19:27 PM
#2546  Restored The CH11 or even CH7 is very near Value_Investor 12/26/17 02:03:08 PM
#2545   The Pos Scam is heading onto its New Value_Investor 12/22/17 10:39:42 AM
#2544   I think the bankruptcy should be filed within Value_Investor 12/19/17 03:32:19 PM
#2543   I did really well on this run. I'm fraz123 12/14/17 07:14:51 PM
#2542   Lots of Action on FTR Ex Dividend Day! CashRock 12/14/17 11:22:02 AM
#2541   you get .60 on a $10 stock or lawrenzo 12/13/17 02:10:31 PM
#2540   FTR PPS could exceed .12 Today, because this CashRock 12/13/17 11:10:43 AM
#2539   FTR PPS is now over .10 & will CashRock 12/08/17 11:29:10 AM
#2538   FTR daily PPS rise will continue at least CashRock 12/07/17 12:57:26 PM
#2537   You can say the same rumor for every CashRock 12/07/17 12:46:19 PM
#2535   Source of the rumor? RN1 12/06/17 10:09:35 PM
#2534   Strong rumor: the CH11 or even CH7 will Value_Investor 12/06/17 09:32:40 PM
#2533   CASH !7 million trade yesterday. oltimer 12/06/17 12:57:12 PM
#2532   Best time to gobble up FTR shares is CashRock 12/06/17 12:23:32 PM
#2531   Tntr70 Sounds like a pretty good deal to me. oltimer 12/04/17 09:20:39 PM
#2530   From what I'm seeing: Tntr70 12/04/17 06:43:26 PM
#2529   NOR We have not heard anything from Equit oltimer 12/03/17 07:02:33 PM
#2528   NORC Sure been a lot of vol lately in oltimer 12/03/17 06:51:07 PM
#2527   Still here. Still a big mystery with this not one red cent ~NORC~ 12/03/17 01:59:32 PM
#2526   Where did ever body go? oltimer 11/30/17 03:17:16 PM
#2525   They're trying to get rid of the worthless Lowjack 11/14/17 09:59:22 AM
#2524   Euit Is your group shorting or buying? oltimer 11/13/17 01:31:50 PM
#2523   Negative! Called "investment in asset" by any court. Getting Equitiesduke 11/13/17 08:16:06 AM
#2522   Mandatory Convertible Preferred + R/S + buying worthless Lowjack 11/13/17 06:27:36 AM
#2521   WOW. .46 pre RS. Hammered. Divi cut first racman 11/10/17 07:08:14 PM
#2520   Something is going to give right? With continuous not one red cent ~NORC~ 11/10/17 12:24:26 PM
#2519   Are you referring to the issue of "intent"? Equitiesduke 11/07/17 10:57:11 AM
#2518   Well, this one has been confirmed, and there N4longterm 11/06/17 09:54:25 AM
#2517   It's a trap and I totally expect the fung_derf 11/06/17 09:46:27 AM
#2516   Makes ya wonder why anyone would buy commons not one red cent ~NORC~ 11/05/17 08:10:36 AM
#2515   Both dividends are in the PR. N4longterm 11/04/17 01:17:08 PM
#2514   I’m only seeing the PR relating to the SteezePleeze 11/04/17 11:00:25 AM
#2513   Wow what a divy indeed. When is the SteezePleeze 11/04/17 10:51:38 AM
#2512   That would be grounds for an SEC investigation...if RN1 11/03/17 03:25:24 PM
#2511   who is this "we" you speak of? fung_derf 11/03/17 02:22:35 PM
#2510   RN1 And I am still buying. oltimer 11/03/17 02:17:08 PM
#2509   Equit Thank you for the info. oltimer 11/03/17 02:15:32 PM