Frontier Communi Stock Price, News & Analysis

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that Executive Chairman John Stratton will present at the J.P. Morgan Global Technology, Media & Communications Conference. The event is scheduled for May 24, 2022, at 2:10 p.m. ET. A live audio webcast will be accessible via Frontier’s Investor Relations website.

Frontier is a leading communications provider, offering gigabit speeds across 25 states, focusing on building digital infrastructure and bridging the digital divide.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that Chief Financial Officer Scott Beasley will present at the MoffettNathanson Media Communications Summit.

The virtual presentation is scheduled for May 18, 2022, at 2:00 p.m. ET. A live audio webcast can be accessed via Frontier’s Investor Relations website. Frontier is committed to providing gigabit speeds to enhance connectivity for millions across 25 states, while building critical digital infrastructure and promoting sustainability.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) celebrates its one-year anniversary of relisting by ringing the Nasdaq closing bell. The event highlights the company's achievements, including expanding fiber locations to four million and launching multi-gig service network-wide. Frontier's leadership emphasizes a commitment to Building Gigabit America and delivering superior service. With a new brand and logo recently unveiled, Frontier is paving the way for critical digital infrastructure. The closing bell ceremony signifies a notable milestone in their transformation journey.

Frontier Communications Holdings, a subsidiary of Frontier Communications Parent, Inc. (FYBR), has announced the pricing of a private offering of $1.2 billion in first lien secured notes due 2030 with an interest rate of 8.750%. The offering is expected to close on May 12, 2022, subject to customary conditions. Proceeds will support capital investments for fiber expansion and operational costs. Additionally, the company increased its senior secured revolving credit facility to $900 million.

Frontier Communications Holdings, a subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR), plans to offer $800 million in first lien secured notes due 2030. The offering aims to support capital investments and operational costs linked to fiber expansion and general corporate purposes. These notes will be offered solely to qualified institutional buyers and will not be registered under the Securities Act. Frontier is committed to enhancing its fiber-optic network to provide gigabit speeds across 25 states, focusing on closing the digital divide.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) reported first-quarter 2022 results, with revenue at $1.45 billion, reflecting a 10.7% decline year-over-year. Fiber broadband customer growth was notable, with 54,000 net additions and a 10.4% increase from Q1 2021. Adjusted EBITDA was $509 million, down from $654 million, impacted by revenue declines. The company maintained a strong capital structure with liquidity of approximately $2.7 billion. Frontier reaffirmed its 2022 outlook, targeting Adjusted EBITDA between $2.00 - $2.15 billion and fiber builds to at least 1 million new locations.

Frontier (NASDAQ: FYBR) has launched an enhanced video service offering, providing customers access to Apple TV+ and Apple TV 4K. The initiative includes a limited-time promotion where both new and existing customers can receive three months of Apple TV+ at no cost. Additionally, new 2 Gig customers will receive the Apple TV 4K device. This strategy aims to enhance customer satisfaction by combining Frontier’s high-speed fiber-optic technology with premium entertainment services, ultimately positioning the company as a competitive player in the telecommunications market.

Frontier Communications (NASDAQ: FYBR) has launched a new brand identity to enhance its commitment to customer experience and position itself as a modern, tech-oriented company. The new logo symbolizes an inclusive, connected nation, featuring a vibrant color palette and unique typeface. CEO Nick Jeffery describes the rebranding as a reflection of their transformation into a high-tech fiber business. The new visual identity aims to resonate with customers and will be implemented across various platforms in the coming months.

Frontier Communications has appointed Vishal Dixit as its Chief Strategy Officer, reporting directly to CEO Nick Jeffery. This strategic hire aims to accelerate the company’s fiber-first initiatives and its mission of Building Gigabit America. Dixit joins from Vodafone, bringing significant experience in digital transformations. Under his leadership, Frontier has expanded fiber network access and launched multi-gig services. The company has reached four million fiber locations, marking a significant milestone in its transformation.