|Bid||0.0000 x 800|
|Ask||0.0000 x 1400|
|Day's range||0.2200 - 0.2640|
|52-week range||0.1800 - 1.8100|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||28 Apr 2020 - 04 May 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1.00|
It is never too early to prepare for an emergency. Frontier Communications encourages customers to take readiness steps in advance of the 2020 Atlantic hurricane season, which runs from June 1 through November 30. National Weather Service forecasts are predicting an above-average season likely to produce 13 to 19 named storms (winds of 39 mph or higher), of which 6 to 10 could become hurricanes.
KlaymanToskes ("KT"), www.klaymantoskes.com, announces an investigation on behalf of customers of FMSbonds ("FMS") who were recommended to purchase Frontier Communications (NASDAQ:FTR) ("Frontier") bonds. These bonds may have been marketed and sold to investors who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks.
Frontier Communications Corporation (NASDAQ: FTR) ("Frontier" or the "Company") today announced that it has received approvals on an interim basis from the U.S. Bankruptcy Court for the Southern District of New York for the "First Day" motions related to the Company’s voluntary Chapter 11 petitions filed on April 14, 2020.
The Norwalk, Connecticut-based company estimated its assets and liabilities both in the range of $10 billion to $50 billion, according to a filing in the U.S. Bankruptcy Court for the Southern District of New York. Frontier also said it would continue with the sale process of its operations and assets in Washington, Oregon, Idaho, and Montana to Northwest Fiber, and will also continue services and paying its vendors.
Frontier Communications Corporation (NASDAQ: FTR) ("Frontier" or the "Company") today announced that, together with its subsidiaries, it has entered into a Restructuring Support Agreement ("RSA") with bondholders representing more than 75% of Frontier’s approximately $11 billion in outstanding unsecured bonds (the "Bondholders"). The RSA contemplates agreed-upon terms for a pre-arranged financial restructuring plan (the "Plan") that leaves unimpaired all general unsecured creditors and holders of secured and subsidiary debt. Under the RSA, the Bondholders have, subject to certain terms and conditions, agreed to support implementation of a Plan that is expected to reduce the Company’s debt by more than $10 billion and provide significant financial flexibility to support continued investment in its long-term growth. To implement the Plan, the Company and its direct and indirect subsidiaries voluntarily filed petitions under Chapter 11 of the United States Bankruptcy Code in the Southern District of New York.
Frontier Communications Corporation (NASDAQ: FTR) today announced that it has elected to defer making the interest payments due on March 16, 2020 on certain of its senior unsecured notes and enter a 60-day grace period as it continues constructive discussions with its bondholders regarding Frontier’s capital structure.
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Frontier (FTR) collaborates with Neustar to thwart robocalls with the deployment of latest technology solutions for protecting consumers from malicious telephonic scams.
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Frontier Communications' (FTR) third-quarter net loss includes a goodwill impairment of $276 million and a loss of $30 million on anticipated sale of operations in four Northwest states.
Frontier Communications (FTR) provides efficient network management solutions with Managed SD-Wan to address the needs of enterprise customers.
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(Bloomberg) -- AT&T Inc., Verizon Communications Inc. and 10 other large phone companies have struck an agreement with 51 attorneys general to enact technology to block robocalls before they reach consumers.The deal, announced Thursday, will help protect consumers from receiving illegal robocalls, and assist law enforcement in investigating and prosecuting bad actors, said North Carolina Attorney General Josh Stein, who is leading the effort that includes all 50 states and the District of Columbia.Under the deal, the companies will launch the call-blocking technology at no cost to consumers, and make other free anti-robocall devices and apps available to subscribers. “By signing on to these principles, industry leaders are taking new steps to keep your phone from ringing with an unwanted call,” Stein said in a statement.The companies are under pressure to protect consumers against the unwanted calls, which are a top source of complaints with the U.S. Federal Communications Commission. Across the U.S. there were 48 billion robocalls last year, up from 31 billion in 2017, according to a tally by YouMail Inc., a developer of software that blocks the calls.In July, AT&T, Verizon and T-Mobile US Inc. said they were making progress toward installing technology to authenticate calls so consumers would know if the call is coming from the person supposedly making it. The FCC has demanded the technology be in place by the end of the year.FCC Chairman Ajit Pai said the agreements with the states “align with the FCC’s own anti-robocalling and spoofing efforts,” including the agency’s caller authentication standards.“Few things can bring together policy leaders across the political spectrum like the fight against unwanted robocalls,” Pai said in a statement. “The FCC is committed to working together with Congress, state leaders, and our federal partners to put an end to unwanted robocalls.”Consumers are often duped into answering phone calls because they appear to be from a local number or business.“The bad actors running these deceptive operations will soon have one call left to make: to their lawyers,” New York Attorney General Letitia James said in the statement.Companies InvolvedThe other companies signing the agreement are T-Mobile, CenturyLink Inc., Comcast Corp., Sprint Corp., Bandwidth Inc., Charter Communications Inc., Consolidated Communications Holdings Inc., Frontier Communications Corp., U.S. Cellular Corp. and Windstream Holdings Inc.The FCC has demanded that carriers adopt the system to digitally validate phone calls passing through the complex web of networks. The agency also has said that providers may block calls, and cast a preliminary vote to require the digital authentication if carriers fail to install it by year’s end.Several of the top U.S. carriers issued statements in concert with the state attorneys general announcement. While the group on a whole backed the effort, there were few if any new, specific anti-spam call actions or timelines mentioned.“It’s imperative that we stand together on a common set of goals that include stopping callers from hiding their identities, working with other carriers on efforts to trace back illegal calls to the source, and keeping the originators from sending robocalls in the first place," Verizon said in a statement.“The fight against the scourge of illegal robocalls requires all hands on deck, and we welcome and appreciate the support of the state attorneys general,” AT&T said in a statement.(Updates with carriers and FCC comment beginning in seventh paragraph.)\--With assistance from Erik Larson and Scott Moritz.To contact the reporters on this story: Jonathan Reid in Washington at firstname.lastname@example.org;Susan Decker in Washington at email@example.comTo contact the editors responsible for this story: Jon Morgan at firstname.lastname@example.org, ;Keith Perine at email@example.com, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
In 2015 Dan McCarthy was appointed CEO of Frontier Communications Corporation (NASDAQ:FTR). This report will, first...
Despite secular decline in business and higher operating costs due to soft industry conditions, Frontier (FTR) exceeds second-quarter 2019 earnings and revenue estimates.
Frontier Communications (FTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
If you're interested in Frontier Communications Corporation (NASDAQ:FTR), then you might want to consider its beta (a...