|Bid||1.3100 x 34100|
|Ask||1.3900 x 21500|
|Day's Range||1.3100 - 1.3900|
|52 Week Range||1.2100 - 7.2500|
|Beta (3Y Monthly)||2.11|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Frontier Communications Corporation plans to release second quarter 2019 results on Tuesday, August 6, 2019, after the market closes, and to host a conference call that afternoon at 4:30 P.M.
Frontier Communications Corporation (“Frontier”) (FTR) announced today that its Board of Directors adopted a shareholder rights plan designed to protect the availability of Frontier’s net operating loss carryforwards (“NOLs”) under the Internal Revenue Code ("Section 382 Rights Plan"). As of December 31, 2018, Frontier had U.S. federal NOLs of approximately $2.4 billion available to offset its future federal taxable income. Frontier’s ability to use these NOLs would be substantially limited if it experienced an “ownership change” within the meaning of Section 382 of the Internal Revenue Code.
Frontier Communications Corporation announced today that Sheldon Bruha has been named permanent Chief Financial Officer, effective June 3, 2019. Mr. Bruha joined Frontier in February 2018 as Senior Vice President and Treasurer and had been serving as interim Chief Financial Officer since September 1, 2018.
Frontier Communications Corporation (FTR) announced today that Kevin L. Beebe, Paul M. Keglevic and Mohsin Y. Meghji have been elected to join Frontier’s Board of Directors, effective immediately. Beebe, Keglevic and Meghji will serve on the Board’s Finance Committee, which will continue to be chaired by Robert A. Schriesheim. Beebe, Keglevic and Meghji will also serve on the Board’s Audit Committee and Mr. Beebe will serve on the Board’s Compensation Committee.
Frontier Communications Corporation today announced it has entered into a definitive agreement to sell its operations and all associated assets in Washington, Oregon, Idaho, and Montana to WaveDivision Capital, LLC in partnership with Searchlight Capital Partners, LLC for $1.352 billion in cash subject to certain closing adjustments.
Frontier Communications Corporation will present at the 47th Annual J.P. Morgan Technology, Media, and Communications Conference in Boston. President and Chief Executive Officer Daniel J.
Frontier Communications Corporation (FTR) and the Tampa Bay Buccaneers today announced that the communications company will continue to be the “official residential television and Internet provider” for the Bucs through 2024. As part of the multi-year agreement, first entered into in 2016, the Buccaneers and Frontier will work together to engage fans throughout the Tampa community. The partnership allows for integrated marketing initiatives, such as exclusive sweepstake, products and services access and demos, Buccaneers-themed Street Team activations and fan- focused contests.
Frontier Communications has joined the Acura Grand Prix of Long Beach family of sponsors as Official Internet Provider, officials announced today.
Frontier Communications Corporation plans to release first quarter 2019 results on Tuesday, April 30, 2019, after the market closes, and to host a conference call that afternoon at 4:30 P.M.
Frontier Communications Corporation (FTR) announced today that it has priced its previously announced private offering of $1.650 billion aggregate principal amount of First Lien Secured Notes due 2027 (the “First Lien Secured Notes”). The First Lien Secured Notes will bear interest at 8.000% per year and will be sold at a price equal to 100% of the principal thereof. The settlement of the First Lien Secured Notes is expected to occur on or about March 15, 2019, subject to customary closing conditions.
Frontier Communications Corporation (FTR) announced today that it intends to offer $1.650 billion aggregate principal amount of First Lien Secured Notes due 2027 in a private transaction. In addition, upon the closing of the First Lien Secured Notes offering, Frontier expects to amend its credit agreement with JPMorgan Chase Bank, N.A. to, among other things, extend the maturity date of at least $835 million of its $850 million revolving credit facility from February 2022 to February 2024 (subject to certain springing maturity dates). The maturity date of any revolver commitment not extended will remain February 2022.
ParcelPal Technology Inc (PTNYF) (PKG), Citius Pharmaceuticals Inc(CTXR), VistaGen Therapeutics Inc (VTGN), and Frontier Communications Corporation (FTR) represent 4 tech stocks on the rise on Wednesday. The Company recognized an issue within the consumer marketplace: food delivery apps existed, but that was all we could order. Seizing the opportunity, ParcelPal created an on-demand marketplace where customers can purchase what they need and have their goods delivered within an hour.
NORWALK, Conn.-- -- Total fourth quarter revenue of $2.12 billion, stable sequentially Net loss of $219 million in the fourth quarter, with loss driven by goodwill impairment Adjusted EBITDA 1 of $895 million, a sequential increase driven by improved Consumer revenue performance, continued strong expense management, and early benefits from the company’s transformation program Transformation program ...
Fully-Managed Solution Equips Small to Midsize Businesses with Customer and Network Data Analytics and Wi-Fi Network Security
NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
PITTSBURGH, Jan. 23, 2019 /PRNewswire/ -- Everest Infrastructure Partners today announced the acquisition by EIP Holdings I, LLC, an investment vehicle associated with Barings LLC, of nearly 100 wireless tower assets from Norwalk, Connecticut-based Frontier Communications Corporation (FTR). "Everest is pleased to have been selected by Frontier to acquire these high-quality tower assets in attractive markets, providing us with the scale to better serve our customers," said Mike Mackey, President of Everest. "The Everest team was tremendous to work with throughout this complex transaction. They have demonstrated a high level of capability and service, and we believe they will continue to provide exceptional infrastructure leasing services to our collective customers going forward," said Jim Campbell, Group Vice President, Facilities and Real Estate Services for Frontier.
With Winter Storm Harper affecting much of the Midwest and headed East, Frontier Communications urges customers to be prepared. In addition to arranging food, water and storm supplies, Frontier encourages customers to prepare a communications emergency kit that includes quick access to important phone numbers, account information, and power charging devices and supplies. Frontier’s Emergency Response Center (ERC) is activated and coordinating and managing the Company’s preparations and response.
Mitel is powering a cloud-based unified communications as a service (UCaaS) solution to support the LA Kings’ initiative to digitally transform business operations, support operational growth and facilitate sales, while increasing productivity and collaboration across the organization. After considering numerous options to replace an outdated legacy phone platform, the Kings selected Frontier AnyWare, an option with greater scalability and flexibility to serve their current and future requirements.
Frontier Communications Corporation plans to release fourth quarter and full year 2018 results on Tuesday, February 26, 2019, after the market closes, and to host a conference call that afternoon at 4:30 P.M.
Frontier Communications Corporation (FTR) today announced that Robert A. Schriesheim and Michael R. McDonnell have been elected to join the Company’s Board of Directors. As previously announced, Leroy T. Barnes, one of the Board’s longest-serving members, will be retiring from the Board after 14 years of service, effective May 7, 2019. Mr. Schriesheim is a seasoned business leader with a public track record driving large-scale strategic and financial transformations focusing on value creation, executing complex capital markets transactions and maintaining strong relationships with a wide range of debt and equity investors in the public and private markets.
Frontier Communications Corporation will present at the UBS 46th Annual Global Media and Communications Conference in New York City. President and Chief Executive Officer Daniel J.
AEG, the world’s leading sports and live entertainment company, announced today that Frontier Communications Corporation (FTR) has been named one of the company’s preferred solutions providers. The strategic alliance between AEG and Frontier highlights the companies’ shared commitment to delivering world-class service and the best integrated communications solutions to respective clients. “Innovative telecommunications services are vital when it comes to creating transformational customer experiences, and Frontier Communications represents a top company in the space,” said Senior Vice President and Deputy Chief Information Officer Vince Saavedra.
With wildfires impacting customers and communities in its California service territory, Frontier Communications (FTR) operations crews, trained technicians, and emergency response personnel are actively working to secure and prepare facilities, infrastructure, network sites and backup power to maximize the Company’s ability to provide service during and after fires. “Our thoughts are with all those impacted by the fires and safety remains our first priority,” said Joe Gamble, Senior Vice President, West Region for Frontier Communications. Frontier Communications has created an informational website, frontier.com/CAFires, to provide links and information on customer resources and protections that may be available as a result of the State of Emergency.