Frontier Communi - FYBR STOCK NEWS

Frontier Communications Parent, Inc. (NASDAQ: FYBR) has appointed Erin Kurtz as Chief Communications Officer. Kurtz, with two decades of diverse communications experience, previously served as Senior Vice President at XPO Logistics. She will report to CEO Nick Jeffery and aims to enhance engagement with stakeholders during a transformative phase for the company. Jeffery expressed confidence in her ability to impact culture and brand positively. Frontier offers services such as high-speed internet and digital protection across 25 states, catering to both residential and business customers.

Frontier Communications (NASDAQ: FYBR) is enhancing its 100% fiber-optic network in Texas, aiming to serve an additional 24,000 consumers in San Angelo by the end of 2021. This investment is part of a multi-year expansion strategy focused on providing high-speed broadband access. Frontier's Gig service offers superior download and upload speeds compared to local cable competitors, with no data caps or annual commitments. Customers can benefit from waived activation fees, a price guarantee, and promotional gifts. The fiber expansion includes several neighborhoods in San Angelo.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) has appointed Margaret M. "Peggy" Smyth to its Board of Directors, effective June 30, 2021. Smyth, with extensive finance experience, will chair the Audit Committee and serve on the Operations Committee. She previously held the position of Chief Financial Officer at National Grid USA until June 2021. John Stratton, Executive Chairman, emphasized Smyth's exceptional qualifications and anticipated contributions to Frontier's business transformation.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) will host a virtual Investor Day on August 5, 2021, at 8:30 AM ET. The event will detail the company's strategic review, including its fiber expansion plans and operational initiatives, alongside its second quarter financial results. A Q&A session will follow the formal presentation featuring key executives, including CEO Nick Jeffery and CFO Scott Beasley. Participants can access the presentation materials via Frontier's Investor Relations website, where further event details will be announced.

Frontier Communications Parent (NASDAQ: FYBR) has appointed Alan Gardner as Chief People Officer, formerly Senior Vice President of Human Resources at Verizon. Gardner's experience includes leading HR initiatives for 175,000 employees globally and overseeing Verizon Wireless during its $87 billion joint venture stage. His appointment aims to strengthen the leadership team and foster a winning culture as Frontier transitions into a modern technology company. Anne Meyer will resume her role as Senior Vice President, Associate General Counsel and Corporate Secretary.

Frontier Communications Parent (NASDAQ: FYBR) has appointed Scott Beasley as the new Chief Financial Officer, effective June 14, 2021. Beasley, previously CFO at Arcosa, Inc., replaces Sheldon Bruha, who will transition out after a significant tenure. Beasley’s expertise in corporate finance is expected to bolster Frontier's commitment to modernizing its operations and expanding its high-speed fiber network. His background includes a successful public spinoff and overseeing multiple acquisitions. The leadership change comes as Frontier aims to strengthen its balance sheet and invest in growth.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced the appointment of John Harrobin as Executive Vice President, Consumer, effective June 2, 2021. Harrobin, previously Chief Marketing Officer at Audible, will oversee all aspects of Frontier's Consumer business including products, marketing, and sales. CEO Nick Jeffery expressed confidence in Harrobin's track record of driving financial results and brand repositioning. With extensive experience at Verizon Wireless, Harrobin aims to enhance Frontier's growth as it builds 'Gigabit America.'

FrontierBundles is recruiting two pairs of friends to play video games for 21 hours, celebrating gaming anniversaries in 2021. Each selected duo will receive $2,000, a gaming console, games, and snacks. The initiative follows a report showing that over 50% of Americans engaged in gaming during 2020 for entertainment. Frontier Communications (NASDAQ: FYBR) was recognized as the Best Internet Provider for Gaming of 2021. Applications are open until June 18, 2021, for U.S. residents aged 18 and above. Past campaigns received extensive media coverage and viewership.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) is contesting a lawsuit from the Federal Trade Commission and several state officials, alleging misrepresentations about its DSL Internet services. Frontier claims the lawsuit lacks merit, arguing the complaint exaggerates potential consumer harm and overlooks critical factors, including its service in challenging rural areas and customer satisfaction. The company insists its marketing accurately represents DSL speeds and commits to a strong legal defense against these allegations.