Welcome to our dedicated page for Frontier Communications Parent news (Ticker: FYBR), a resource for investors and traders seeking the latest updates and insights on Frontier Communications Parent stock.
Frontier Communications Parent, Inc. (symbol: FYBR) is a prominent American telecommunications company. Headquartered in Dallas, Texas, Frontier Communications offers a wide range of services to both residential and business customers. The company extends its reach through fiber-optic and copper networks, providing video, high-speed internet, advanced voice services, and digital protection solutions under the banner of Frontier Secure.
Originally serving primarily rural areas and smaller communities, Frontier has expanded its operations to include several large metropolitan markets, thereby significantly broadening its customer base. The company offers tailored communication solutions that cater to the needs of small, medium, and enterprise businesses, ensuring reliable connectivity and advanced technological services.
In the realm of business, Frontier Communications has forged several key partnerships and continues to invest in current projects aimed at enhancing its infrastructure and service offerings. Despite its extensive reach, the company remains focused on improving customer experience and technological advancements to stay competitive in the rapidly evolving telecommunications industry.
Recently, Frontier Communications has been in the news due to an investigation into data privacy violations. On April 14, 2024, the company detected unauthorized access to several of its internal IT systems. This breach compromised the personal information of at least 751,895 individuals, including names and Social Security Numbers. Edelson Lechtzin LLP is currently investigating claims related to this breach and potential legal remedies for affected customers.
For shareholders and potential investors, understanding Frontier Communications' operations, market reach, and current challenges is crucial. Despite recent setbacks, the company's extensive service portfolio and continuous efforts in infrastructure development highlight its commitment to growth and customer satisfaction.
Stay updated with the latest news and developments regarding Frontier Communications Parent, Inc. and their stock performances by following our detailed reports.
Frontier Communications Parent (NASDAQ: FYBR) reported a significant increase in fiber broadband customers, adding 45,000 in Q4 2021, the highest quarterly gain to date. CFO Scott Beasley announced this growth during the Citi AppsEconomy Conference. This marks a 50% increase over the previous record of 29,000 net additions in Q3 2021. The overall broadband customer base grew by 9,000, the first increase in over five years, driven by strong fiber performance despite losses in copper broadband customers. The company anticipates continued growth as its fiber expansion accelerates.
Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that CFO Scott Beasley will present at Citi’s AppsEconomy Conference on January 5, 2022, at 4:00 p.m. ET. A live audio webcast of the event will be available on Frontier's Investor Relations website. The company provides services over fiber-optic and copper networks across 25 states, including high-speed Internet, video, and advanced voice solutions. More information can be found at www.frontier.com.
Frontier Communications (NASDAQ: FYBR) has successfully completed the U.S.'s first trial of Nokia's 25G PON broadband technology, enhancing bandwidth across its fiber-optic network. This advancement is crucial as customers demand higher bandwidth for applications in IoT, AI, and big data. 25G PON technology will improve cost efficiency and allow Frontier to serve 5G mobile operators. The company plans further trials leading to commercial deployment in late 2022, reinforcing its competitive edge in providing high-speed broadband services.
Frontier Communications (NASDAQ: FYBR) has partnered with YouTube TV to provide its customers with a streaming solution for live and on-demand video content. Starting December 6, 2021, Frontier customers can access over 85 networks, including sports and news, via Smart TVs, phones, and more. John Harrobin, Frontier's Executive VP, emphasized that this collaboration allows customers to enjoy their fiber-optic broadband alongside YouTube TV at competitive pricing. This offering supports Frontier's goal of enhancing customer value in the competitive streaming landscape.
Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that CEO Nick Jeffery will present at the UBS Global TMT Virtual Conference on December 7, 2021, at 5:00 p.m. ET. A live audio webcast will be available on Frontier's Investor Relations website. Frontier provides a range of services including high-speed Internet, video, advanced voice, and digital protection solutions across 25 states. The company aims to support both residential and business customers, ensuring robust communication solutions.
Frontier Communications (NASDAQ: FYBR) announced that its CFO, Scott Beasley, will present at the BofA Securities 2021 Leveraged Finance Conference on December 2, 2021, at 9:00 a.m. ET. The event will be accessible via a live audio webcast through the company's Investor Relations website. Frontier Communications provides various services, including high-speed Internet and voice solutions, to residential and business customers across 25 states.
Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that Spencer Kurn, Senior Vice President of Investor Relations, will present at the 5th Annual Virtual Wells Fargo TMT Summit on November 30, 2021, at 11:20 a.m. ET. A live audio webcast of this event will be accessible through the Webcasts & Events section of Frontier’s Investor Relations website. Frontier provides various services, including high-speed Internet, across 25 states.
Frontier Communications (NASDAQ: FYBR) announced that its President and CEO, Nick Jeffery, will present at the Morgan Stanley European Technology, Media & Telecom Conference on November 18, 2021, at 12:20 p.m. ET. Investors can access the live audio webcast via the Webcasts & Events section of Frontier’s Investor Relations website. Frontier provides various services, including high-speed Internet and digital protection solutions, across 25 states.
Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that Chief Financial Officer Scott Beasley will present at the BCG and New Street Research 5G Conference on Mon., Nov. 15, 2021, at 9:20 a.m. ET. Investors can access a live audio webcast of the event through the Webcasts & Events section of Frontier’s Investor Relations website. Frontier provides various services, including high-speed Internet and digital protection solutions, across 25 states.
Frontier Communications reported its third-quarter 2021 results, achieving record fiber locations and customer growth. The company built fiber to 185,000 locations, totaling 3.8 million fiber passings. Revenue for the quarter stood at $1.58 billion, with a net income of $126 million and Adjusted EBITDA of $587 million. Despite a 6.1% overall revenue decline year-over-year, consumer fiber broadband revenue rose 14.6% to $243 million. Additionally, Frontier raised $1 billion in debt to enhance liquidity to approximately $2.7 billion, facilitating continued fiber expansion.
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