Frontier Communications Parent

Frontier Communications Parent, Inc. provides communications services for consumer and commercial customers. It offers data & internet services, video services, voice services, access services and advanced hardware & network solutions. The company was founded in 1935 and is headquartered in Norwalk, CT.

Earnings data Q3 2021

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Frontier Communications (FYBR) excels in Q4 with fiber growth and strategic partnerships

Frontier Communications Parent (FYBR) demonstrated robust financial performance in Q4 2022, driven by their focus on fiber investments and growth strategies.
The company's proactive approach to partnerships, pricing strategies, and cost-saving initiatives reflects a commitment to sustainable growth and innovation.
While facing challenges in transitioning from copper to fiber, Frontier is well-positioned to capitalize on opportunities for accelerated growth and market expansion.

Frontier Communications achieves EBITDA growth, focuses on fiber expansion

Frontier Communications' Q1 2023 earnings call highlighted the company's return to EBITDA growth after 5 years, driven by strong operational performance and fiber expansion. The focus on accelerating fiber build, improving customer experience, and driving operational efficiency has positioned Frontier for continued growth. Challenges may arise in optimizing fixed wireless access performance, but opportunities exist in enhancing customer experience and capitalizing on fiber expansion.

Frontier Communications reports strong Q2 performance and eyes fiber expansion

Frontier Communications (FYBR) delivered a strong performance in Q2 2023, marked by positive EBITDA growth, increased customer ARPU, and transformative fiber securitization.
The company's strategic strengths in fiber broadband, cost savings initiatives, and long-term penetration strategy position it well for future growth and market competitiveness.
Challenges include managing competitive intensity, transitioning from copper to fiber EBITDA, and addressing analyst inquiries on growth and investment priorities.
Opportunities lie in expanding the fiber network, leveraging the securitization deal for further growth, and driving sustained EBITDA growth into 2024 through strategic initiatives.

Frontier Communications excels in Q3 with fiber expansion driving growth

Frontier Communications is on a path of strong growth, driven by its fiber expansion and operational efficiencies. The company aims for sustained revenue growth, cost savings, and margin improvements through its focus on fiber broadband. Opportunities for further expansion and participation in connectivity programs position Frontier for future success.

Frontier Communications reports robust earnings, eyes growth amid challenges

Frontier Communications Parent delivered a strong performance in 2023, marked by EBITDA growth, revenue expansion, and operational efficiencies, underpinned by a successful fiber-first strategy.
While challenges persist in driving business and wholesale performance and managing capital expenditures, the company's strengths in customer service and fiber business growth position them well for future success.
Opportunities lie in optimizing sales strategies, expanding network reach, and sustaining operational excellence to drive continued growth and profitability in the telecommunications sector.
Overall, Frontier Communications Parent's strategic focus on fiber and operational excellence sets a positive trajectory for future performance and value creation for stakeholders.

Frontier Communications reports robust Q1 growth, eyes network expansion opportunities

Frontier Communications shows strong performance with positive revenue and EBITDA growth, driven by fiber business success.
Strategic focus on maintaining operational momentum, revenue growth, and EBITDA acceleration for 2024 priorities.
Opportunities lie in continued revenue growth, ARPU expansion, and exploring financing options for network expansion.
Challenges include ongoing strategic review, ACP exposure management, and preparation for the BEAD program.

Frontier Communications reports strong Q2 results driven by fiber expansion

Frontier Communications' Q2 earnings call highlighted a successful quarter marked by revenue growth, fiber expansion, and operational improvements. The company's strategic focus on fiber, customer service, and efficiency is driving positive results and market share gains. With updated guidance reflecting continued growth, Frontier Communications aims to maintain momentum and unlock shareholder value through strategic initiatives.

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Frontier Communications Parent, Inc. provides communications services for consumer and commercial customers. It offers data & internet services, video services, voice services, access services and advanced hardware & network solutions. The company was founded in 1935 and is headquartered in Dallas, TX.

Verizon

SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).

Johnson Fistel Investigates the Proposed Merger of Frontier Communications; Is $38.50 a Fair Price?

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What's happening: Frontier today announced a new entertainment bundle with Netflix just in time for the holiday season. Our customers can now enjoy streaming Netflix's Premium Plan offering shows, movies and exclusive live moments, powered by our high-speed fiber internet and popular Wi-Fi add-ons — with the convenience of one bill. Why we did it: Consumers are hungry for more live sports and entertainment content, and they want an easy, conveni.

Frontier Offers Customers Netflix Premium Plan Just in Time for the Holiday Season

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened: Frontier, in partnership with the Fiber Broadband Associated (FBA), today published a new study that finds deploying fiber in the U.S. could generate an estimated $3.24 trillion in economic impact by increasing housing values, lifting average household income and creating jobs. Why it matters: The U.S. currently lags behind most developed countries in fiber deployment, with approximately 62 million broadband serviceable locations—.

Frontier Releases New Study That Reveals Fiber Deployment Can Boost the U.S. Economy by Over $3 Trillion

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR) congratulates Commissioner Brendan Carr on his appointment as Chairman of the Federal Communications Commission. “Incoming FCC Chairman Brendan Carr has consistently championed initiatives that spur broadband expansion and promote equitable access to high-speed internet,” said Frontier's CEO Nick Jeffery. “His thoughtful approach to telecom policy has paved the way for impactful investments that benefit consumers and strengthen the nation's conne.

Frontier Communications Congratulates FCC Commissioner Brendan Carr

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What's the donation: Frontier is donating high-speed fiber internet to the nonprofit RiseUP Group, Inc. in Hartford, Conn. through our Broadband for Good program. This will provide RiseUP with fast, reliable connectivity to power its art and education initiatives, inspiring and uplifting communities across Connecticut. What's Broadband for Good: Broadband for Good is our commitment to advancing digital inclusion and strengthening the communities.

Frontier Donates High-Speed Fiber Internet to Support Community Art and Education in Connecticut

Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.

Frontier shareholders approve $9.6 billion deal with Verizon

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Verizon Communications Inc. (NYSE, NASDAQ: VZ) (“Verizon”) at its special meeting held on November 13, 2024. Approximately 63% of stockholders voted “For” the merger agreement proposal, with ten of the company's top 12 stockholders voting to approve the transaction. On September 5, 2024, Frontier and Verizon announced they h.

Frontier Stockholders Approve Acquisition by Verizon

Frontier Communications shareholders are set to approve a deal to be acquired by Verizon even after a number of large investors sought to get a higher price, sources familiar with the matter said on Wednesday.

Frontier communications shareholders set to approve deal to be acquired by verizon, sources say

The $9.6 billion deal would expand Verizon's fiber network to a size that would rival major competitors such as AT&T and Comcast.

Verizon's Takeover of Frontier Set to Clear Shareholder Vote

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today issued the following statement in response to reports published by ISS on November 1 and Glass Lewis on November 6 regarding its proposed transaction with Verizon: Frontier disagrees with ISS' and Glass Lewis' recommendation to “Abstain” from voting on the transaction. Frontier's Board of Directors believes that Verizon's all-cash offer of $38.50 per share is highly attractive and creates significant.

Frontier Communications Comments on ISS and Glass Lewis Recommendations

Although the revenue and EPS for Frontier Communications (FYBR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Frontier Communications (FYBR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Frontier Communications (FYBR) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $0.05 per share a year ago.

Frontier Communications (FYBR) Reports Q3 Loss, Tops Revenue Estimates

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) reported third-quarter 2024 results today. Third-Quarter 2024 Highlights Added 381,000 fiber passings to reach 7.6 million total locations passed with fiber Added 108,000 fiber broadband customers, resulting in fiber broadband customer growth of 19.3% year-over-year Consumer fiber broadband ARPU of $65.40, up 1.4% year-over-year Revenue of $1.49 billion increased 3.7% year-over-year as growth in fiber-base.

Frontier Reports Third-Quarter 2024 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Frontier Communications (FYBR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Gear Up for Frontier Communications (FYBR) Q3 Earnings: Wall Street Estimates for Key Metrics

Prominent proxy advisory firm Institutional Shareholder Services on Friday recommended Frontier Communications shareholders abstain from voting on Verizon's $20 billion takeover bid and instead support the adjournment proposal.

ISS recommends Frontier shareholders abstain from voting on Verizon's takeover bid

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced it will report its third-quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. (“Verizon”) and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acq.

Frontier to Report Third-Quarter 2024 Earnings on November 5, 2024

Frontier Communications urged shareholders on Friday to vote for a $20 billion takeover bid from Verizon , saying that it had reviewed interest from other potential buyers and found the telecom giant's proposal as the most favorable option.

Frontier Communications asks shareholders to accept Verizon's takeover bid

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today posted on its investor relations website and filed with the Securities and Exchange Commission an investor presentation detailing the significant value the proposed acquisition by Verizon Communications Inc. (NYSE, NASDAQ: VZ) (“Verizon”) creates for Frontier stockholders. The investor presentation is available on Frontier's Investor Relations website. Highlights from the presentation include: Verizo.

Frontier Files Investor Presentation Detailing Significant Financial Benefits of Proposed Acquisition by Verizon

Frontier Communications' second largest investor is the latest stakeholder to come out against the company's proposed $9.6 billion acquisition by Verizon Communications.

Frontier's Second Biggest Investor Opposes Sale to Verizon

Will Vote Against Verizon Transaction at Current Price as it Significantly Undervalues Frontier's Assets and Earnings Trajectory Frontier's Board Relied on Fundamentally Flawed DCF and Peer Analysis Believes Frontier's Enterprise Value is at Least $26 Billion, 30% Higher than the Current $20 Billion Enterprise Value Ascribed from the Verizon Transaction Urges Extension of Record Date and Date of Special Meeting of Stockholders LOS ANGELES , Oct. 23, 2024 /PRNewswire/ -- Glendon Capital Management LP ("Glendon"), a private investment firm which is one of the largest shareholders of Frontier Communications Parent, Inc. ("Frontier" or the "Company") (NASDAQ: FYBR), owning nearly 10% of the outstanding shares of the Company's common stock, today sent a letter to Frontier's Board of Directors (the "Board") regarding Glendon's decision to vote against the proposed acquisition of Frontier by Verizon Communications Inc. ("Verizon") at a price of $38.50 per share (the "Verizon Transaction"). In the letter, Glendon expressed its belief that Frontier's enterprise value is at least $26 billion today, 30% higher than the current $20 billion enterprise value ascribed from the Verizon Transaction, based on an analysis of the most recent and relevant comparable transactions as well as Frontier's expected future cash flows.

Glendon Capital Management Sends Letter to Frontier Communications Board of Directors Opposing Sale to Verizon for $38.50 Per Share

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Frontier Communications Parent, Inc. (NasdaqGS: FYBR) to Verizon Communications Inc. (NYSE: VZ). Under the terms of the proposed transaction, shareholders of Frontier will receive $38.50 in cash for each share of Frontier that they own. KSF is seeking to determine whether this consideration and the process tha.

FRONTIER COMMUNICATIONS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Frontier Communications Parent, Inc. - FYBR

DARIEN, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Carronade Capital, an alternative asset management firm, which beneficially owns approximately 2,000,000 shares of Frontier Communications Parent, Inc. (NASDAQ: FYBR) today released a letter to fellow Frontier shareholders. The full text of the letter is below:

Carronade Capital Urges Frontier Communications Shareholders to Vote Against Sale to Verizon on Current Terms

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened? Frontier received seven ConneCTed Communities grants from the Connecticut Department of Energy and Environmental Protection to expand access to high-speed, reliable fiber internet across Connecticut. The funding comes from Connecticut's portion of American Rescue Plan Act (ARPA) Capital Project Fund. Why it matters: In the past three years, we have delivered fiber internet access to over 1 million homes and businesses in Connectic.

Frontier Receives Grants to Expand Access to High-Speed Fiber Internet in Connecticut

I previously rated Verizon stock a hold due to risks from value segment cannibalization, limited cost-cutting potential, and balanced upside/downside risks. Verizon has a track record of overpaying and underdelivering on M&A deals, and I fear Frontier will be more of the same. Upside potential from Verizon's premium positioning is offset by risks from the M&A and management distraction, leading to a balanced risk-reward profile.

Verizon Q3 Earnings Preview: Frontier Won't Save The Day

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened: Frontier has been named a Google Verified Gold Peering Provider. This verification requires internet providers to have reliable connectivity in multiple cities across the United States so businesses can seamlessly run Google applications. Why it matters: The Google Verified Peering Provider (VPP) recognition is a testament to our ability to provide business customers across our footprint with the fast and reliable connectivity the.

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