Welcome to our dedicated page for Frontier Communi news (Ticker: FYBR), a resource for investors and traders seeking the latest updates and insights on Frontier Communi stock.
Frontier Communications Parent, Inc. (FYBR) delivers essential telecommunications services across residential and business markets, from rural broadband connectivity to metropolitan fiber solutions. This news hub provides investors and industry observers with timely updates on corporate developments shaping the broadband sector.
Track FYBR's latest press releases including earnings reports, network expansion announcements, and technology initiatives. Our curated news collection simplifies monitoring regulatory filings, partnership developments, and service upgrades critical for understanding this telecom provider's market position.
Discover updates about broadband infrastructure investments, VoIP service enhancements, and enterprise communication solutions. The resource is particularly valuable for assessing FYBR's progress in balancing rural connectivity commitments with urban market growth strategies.
Bookmark this page for streamlined access to Frontier Communications' official communications and third-party analysis verification. Check regularly for updates on operational milestones affecting the competitive telecommunications landscape.
Frontier Communications Parent (NASDAQ: FYBR) has announced it will release its first-quarter 2025 financial results after market close on Tuesday, April 29, 2025. Due to the previously announced pending acquisition by Verizon Communications Inc., which was agreed upon on September 4, 2024, Frontier will not conduct its usual quarterly earnings conference call or provide financial guidance.
Frontier (NASDAQ: FYBR) has secured a position on Fortune's 2025 list of America's Most Innovative Companies, recognizing its transformative role in the fiber internet industry. As the largest pure-play fiber internet provider in the United States, Frontier serves nearly 8 million homes and businesses.
The company's commitment to Building Gigabit America has led to significant technological achievements, including:
- Launch of network-wide 2 Gig speeds
- Implementation of 5 Gig service
- Recent introduction of 7 Gig capabilities
Under CEO Nick Jeffery's leadership, Frontier has filed more patents in the last three years than in its entire history. Fortune's recognition process, conducted in partnership with Statista, evaluated companies based on product innovation, process innovation, and innovation culture through employee surveys, expert opinions, and patent analysis via LexisNexis PatentSight.
Frontier Communications (NASDAQ: FYBR) reported significant achievements in 2024, marking its first full-year organic revenue growth in over 15 years. The company added 1.3 million new fiber passings, reaching 7.8 million locations, and gained a record 385,000 fiber broadband customers, representing 19.2% year-over-year growth.
Key financial highlights include revenue of $5.94 billion, operating income of $353 million, and Adjusted EBITDA of $2.25 billion. Consumer fiber broadband ARPU increased 3.4% to $65.54. The company generated net cash from operations of $1.62 billion and achieved $597 million in gross annualized cost savings.
In Q4 2024, revenue grew 5.6% year-over-year to $1.51 billion, with consumer fiber revenue up 15.1%. The company secured a $1.5 billion delayed draw term loan for fiber build funding. Notably, Frontier is pending acquisition by Verizon, expected to close by Q1 2026.
Frontier Communications Parent (NASDAQ:FYBR) has announced it will release its fourth-quarter and full-year 2024 financial results after market close on Thursday, February 20, 2025. Due to the previously announced pending acquisition by Verizon Communications Inc. (announced on September 4, 2024), the company will not host its usual quarterly conference call or provide financial outlook. This decision is directly related to the ongoing acquisition process.
Frontier (NASDAQ: FYBR) has announced a new entertainment bundle with Netflix, available just in time for the holiday season. This package combines Netflix’s Premium Plan with Frontier's high-speed fiber internet and popular Wi-Fi add-ons, all consolidated into one bill. The Netflix Premium Plan offers award-winning shows, movies, exclusive live moments, and ad-free viewing on up to four devices. Frontier's fiber internet ensures fast speeds and low latency, ideal for seamless streaming. Additionally, the Whole Home Wi-Fi provides reliable coverage throughout every room, while Wi-Fi Secure ensures a safe connection for all devices. John Harrobin, Frontier's EVP of Consumer, expressed excitement about delivering this comprehensive streaming experience to customers, highlighting the convenience and reliability of the bundle. This offer aims to meet the increasing consumer demand for more live sports and entertainment content.
Frontier (FYBR) and the Fiber Broadband Association released a groundbreaking study showing that fiber deployment could generate a $3.24 trillion economic impact in the U.S. The study reveals that deploying fiber to 56 million unserved households could create $1.64 trillion in increased housing values and $1.6 trillion in household income growth, primarily in non-urban areas. Additionally, it could create 380,000 new jobs. Currently, approximately 62 million broadband serviceable locations lack fiber access, positioning the U.S. behind most developed countries in fiber deployment.
Frontier Communications (NASDAQ: FYBR) has extended congratulations to Commissioner Brendan Carr on his appointment as Chairman of the Federal Communications Commission. CEO Nick Jeffery praised Carr's consistent support for broadband expansion initiatives and promotion of equitable high-speed internet access. Jeffery highlighted Carr's thoughtful approach to telecom policy that has enabled impactful investments benefiting consumers and strengthening national connectivity.
Frontier Communications Parent (NASDAQ: FYBR) announced that its stockholders have approved the acquisition by Verizon Communications (NYSE, NASDAQ: VZ). The vote saw approximately 63% of stockholders supporting the merger agreement, including ten of the company's top 12 stockholders. Under the agreement announced on September 5, 2024, Verizon will acquire Frontier in an all-cash transaction at $38.50 per share, representing a 37% premium to Frontier's unaffected share price on September 3, 2024. The transaction is expected to close by the first quarter of 2026, subject to regulatory approvals and customary closing conditions.
Frontier Communications (NASDAQ: FYBR) reported Q3 2024 results with significant fiber expansion and customer growth. The company added 381,000 fiber passings, reaching 7.6 million total locations, and gained 108,000 fiber broadband customers, representing 19.3% year-over-year growth. Revenue increased 3.7% to $1.49 billion, driven by fiber-based products growth. Consumer fiber revenue grew 12.1% year-over-year, while Business and Wholesale revenue increased 7.6%. The company reported an operating income of $86 million and a net loss of $82 million. Notably, Frontier is pending acquisition by Verizon at $38.50 per share, with the transaction expected to close by Q1 2026.
Frontier Communications (NASDAQ: FYBR) has announced it will release its third-quarter 2024 financial results after market close on Tuesday, November 5, 2024. Due to the previously announced pending acquisition by Verizon Communications (announced on September 4, 2024), Frontier will not host a conference call to review the quarter or provide financial outlook.
