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Frontier Communications Corp (FTR)

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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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FTR News: Frontier Communications Announces Early Tender Results of its Previously Announced Cash Tender Offers for Certain Series of N... 03/20/2018 07:30:00 AM
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FTR News: Frontier Communications Announces $1.6 Billion Second Lien Secured Notes Offering 03/07/2018 12:48:00 PM
FTR News: Frontier Communications Announces Cash Tender Offers for up to $1.6 Billion Aggregate Purchase Price for Certain Series of No... 03/06/2018 04:42:00 PM
FTR News: Frontier Communications Names Rob Curtis Senior Vice President and Chief Marketing Officer 03/05/2018 04:56:00 PM
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#2598   Anybody think the co. is buying back the oltimer 03/22/18 11:56:49 AM
#2597   .05 if they don’t get this debt straightened out WALL$TREET 03/20/18 06:24:28 PM
#2596   Where is the new bottom going to be not one red cent ~NORC~ 03/20/18 01:11:16 PM
#2595   Frontier Communications Announces Cash Tender Offers for up fung_derf 03/07/18 10:21:46 AM
#2594   Glad I picked 400 shares today. investor86 03/06/18 05:20:00 PM
#2593   That should be notes==not bonds on the last post. oltimer 03/06/18 05:10:15 PM
#2592   This thing is going crazy in the after oltimer 03/06/18 05:05:33 PM
#2591   Thanks Morningwood1 03/05/18 12:51:18 PM
#2590   Resistance line an ever changing number, but right fung_derf 03/05/18 10:45:29 AM
#2589   Buy! Morningwood1 03/05/18 10:31:02 AM
#2588   trigger to buy or sell? fung_derf 03/05/18 10:13:18 AM
#2587   Been watching patiently for a reversal. I will Morningwood1 03/03/18 05:50:04 PM
#2586   The heavy volume this week was yesterday, as fung_derf 03/01/18 05:01:18 PM
#2585   This thing is sure getting a lot of oltimer 03/01/18 04:51:56 PM
#2584   Yes, ex date middle of March. Same amount. Equitiesduke 02/28/18 03:21:47 PM
#2583   Guess we will see. fung_derf 02/28/18 11:43:10 AM
#2582   Capital Structure and Capital Allocation N4longterm 02/28/18 11:34:59 AM
#2581   It's not listed.... fung_derf 02/28/18 11:28:59 AM
#2580   Preferred still intact. N4longterm 02/28/18 11:19:42 AM
#2579   I'm guessing the preferred dividend was suspended as fung_derf 02/28/18 10:58:21 AM
#2578   DJ Frontier Communications' Stock Tumbles To Lead Premarket fung_derf 02/28/18 10:51:51 AM
#2577   No, you will not see $2 soon. TIZZUNI 02/28/18 09:47:16 AM
#2576   No dividend. I expect $2 soon. The writing JTrader 02/28/18 09:17:41 AM
#2575   No dividend on common shares, only on preferred. jb85 02/27/18 04:13:19 PM
#2574   I think they typically announce with/during results which N4longterm 02/27/18 11:41:42 AM
#2573   not yet, but not due until mid March fung_derf 02/27/18 11:36:25 AM
#2572   No divi announcement yet? Odd. Or is it... not one red cent ~NORC~ 02/26/18 08:37:05 PM
#2571   For pennies on the dollar in BK! Lowjack 02/23/18 12:48:32 AM
#2570   Does any one know what is going with oltimer 02/15/18 08:44:18 PM
#2569   12 month forecast is $30 according to one WALL$TREET 02/15/18 08:07:37 PM
#2568   Where did ever go? oltimer 02/14/18 11:29:52 AM
#2567   Doing DD on same. Equitiesduke 01/24/18 05:40:58 PM
#2566   FTR.I am in pit stop on NASDAQ and CHARLIE125 01/24/18 09:59:05 AM
#2565   Tax Reform will be HUGE for this Company. Equitiesduke 01/22/18 12:13:30 PM
#2564   FTR is still the best & most Volatile CashRock 01/22/18 12:10:27 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