Frontier Communications Parent, Inc. - FYBR STOCK NEWS

Frontier Communications announced the closure of a private offering of $1.0 billion in second lien secured notes due 2030, with a 6.000% annual interest. The proceeds will fund capital investments, operational costs from fiber expansion, and general corporate purposes. The notes were sold to qualified institutional buyers under Rule 144A and Regulation S, and they are not registered under the Securities Act, limiting their sale in the U.S.

Frontier Communications Holdings, LLC, a subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR), has announced a private offering of $1.0 billion in second lien secured notes due 2030, with a 6.000% interest rate. The offering is set to close on October 13, 2021, pending customary conditions. Proceeds will be utilized for capital investments, operating costs related to fiber expansion, and general corporate purposes. The notes are offered solely to qualified institutional buyers and are not registered under the Securities Act.

Frontier Communications (NASDAQ: FYBR) has appointed Charlon McIntosh as the new Chief Customer Operations Officer, reporting directly to CEO Nick Jeffery. Ms. McIntosh brings extensive experience from her previous role at Humana, where she led customer support and enhanced the customer experience through digital transformation. Her appointment aims to strengthen Frontier's customer service operations and support digital initiatives to meet modern consumer demands.

Frontier Communications Holdings, a subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR), plans to offer $1.0 billion of second lien secured notes due 2030. The proceeds will fund capital investments and operational costs related to its fiber build and customer expansion. The offering will be made to qualified institutional buyers only, and the notes will not be registered under the Securities Act. Frontier, serving customers across 25 states, provides various communication services, including high-speed internet and video.

Frontier Communications (NASDAQ: FYBR) has appointed Melissa Pint as the new Chief Digital Information Officer, effective immediately. She will report to President and CEO Nick Jeffery and will lead the company's digital transformation initiatives, which include enhancing customer engagement and overseeing enterprise technology architecture.

With over 20 years of experience in technology and operations, Pint previously held senior positions at JCPenney, where she was instrumental in driving digital optimization strategies.

Frontier Communications Parent (NASDAQ: FYBR) announced that CFO Scott Beasley will present at the Deutsche Bank 29th Annual Leveraged Finance Conference on October 5, 2021, at 8:00 a.m. Eastern. A live audio webcast will be available on Frontier’s Investor Relations website. Frontier operates over fiber-optic and copper networks, offering services such as high-speed Internet and advanced voice solutions across 25 states. More details can be found at investor.frontier.com.

Frontier Communications (NASDAQ: FYBR) will provide broadband access to nearly 4,000 students in Texas and West Virginia under the FCC's Emergency Connectivity Fund. This initiative aims to enhance remote learning capabilities for underserved students, particularly in rural areas affected by the pandemic. Frontier will supply internet connectivity and necessary devices to improve educational access. The second ECF application filing window opened on September 28, 2021, and will close on October 13, 2021.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) will report its third-quarter 2021 financial results on November 3, 2021, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Time to discuss these results. Interested participants can access the call through the Webcasts & Events section of Frontier’s Investor Relations website. The results will provide insights into the company’s performance and future outlook, critical for investors and analysts monitoring FYBR's market standing.

Frontier Communications (NASDAQ: FYBR), in partnership with Nokia, has successfully connected 100,000 homes to XGS-PON broadband technology. This milestone is part of Frontier's fiber expansion plan, aiming to reach 600,000 locations by year-end and 10 million locations by 2025. The deployment of XGS-PON technology enhances network speed and reliability, catering to increasing consumer demand for high-bandwidth applications. Nokia's advanced technology supports Frontier's goal to provide superior connectivity, addressing both residential and business needs.