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Frontier Communications Parent, Inc. - FYBR STOCK NEWS

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.

News

Frontier Saved Customers a Collective 50 Years of Time on the Phone in 2023

Rhea-AI Summary
Frontier (NASDAQ: FYBR) reduced over 2 million customer service calls and became the industry leader in fiber broadband customer satisfaction in 2023. This achievement resulted in a more satisfied customer base and allowed the company to focus on improving other aspects of its service.
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Frontier Launches Network-as-a-Service for Business Customers

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Frontier (NASDAQ: FYBR) becomes the first service provider in North America to offer Nile’s AI-driven networking platform. The company is introducing Network-as-a-Service (NaaS), a new model for delivering scalable wired and wireless networks via the cloud, to its business customers. With Nile, Frontier is enabling businesses to take full advantage of secure, reliable connectivity while spending less time and resources operating their networks. The new offering saves Frontier’s business customers time, money, and resources by reducing the operational burden of managing their networks. Frontier delivers high-speed, reliable fiber connectivity to businesses in 25 states and is expanding its offerings for its business customers.
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3.41%
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Frontier to Report Fourth-Quarter and Full-Year 2023 Earnings on February 23, 2024

Rhea-AI Summary
Frontier Communications Parent, Inc. (NASDAQ: FYBR) will report its Q4 and full-year 2023 financial results on February 23, 2024. The webcast will start at 8:30 a.m. ET, with access to presentation materials available at 7:00 a.m. ET on Frontier's Investor Relations website.
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-1.16%
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JANA Partners Sends Letter to Frontier Communications' Board

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JANA Partners urges Frontier Communications Parent, Inc. (FYBR) to conduct a comprehensive review of strategic alternatives to maximize value for shareholders, citing significant structural impediments preventing the company from achieving its full potential as a public company.
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Frontier to Present at New Street Research BCG Future Series Conference

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Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that Chief Financial Officer Scott Beasley is scheduled to present at the New Street Research BCG Future Series Conference on Wednesday, Dec. 13, 2023, at 10:10 a.m. ET. A live audio webcast link for the event will be available in the Events & Presentations section of Frontier’s Investor Relations website.
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Frontier to Present at UBS Global TMT Conference

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Frontier Communications Parent, Inc. (FYBR) to present at UBS Global TMT Conference on December 5, 2023
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Frontier Teams Up With Amazon’s eero to Make the Future of Fast a Reality

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Frontier (NASDAQ: FYBR) announces partnership with eero, an Amazon company, to provide its customers with the fastest Wi-Fi experience. The new eero Max 7 system will support multi-gigabit speeds, offering the fastest and most reliable Wi-Fi available throughout their homes.
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Frontier Reports Third-Quarter 2023 Results

Rhea-AI Summary
Frontier Communications Parent, Inc. (NASDAQ: FYBR) reported its third-quarter 2023 results, showcasing year-over-year consumer revenue growth for the first time as a new public company. The company also achieved the fastest year-over-year EBITDA growth in over six years. Frontier's President and CEO, Nick Jeffery, expressed confidence in the company's strategy to create long-term value for shareholders by expanding its fiber customer base.
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-3.74%
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Frontier to Report Third-Quarter 2023 Earnings on November 1, 2023

Rhea-AI Summary
Frontier Communications Parent, Inc. (NASDAQ: FYBR) will report its Q3 2023 financial results on November 1, 2023. The webcast will begin at 8:30 a.m. ET. Access instructions and materials will be available at 7:00 a.m. ET on Frontier's Investor Relations website.
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-3.86%
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Frontier Relocates Headquarters to Dallas

Rhea-AI Summary
Frontier Communications relocates headquarters to Dallas, boosting local economy by $3.8 billion and securing 3,000 jobs over 10 years. Expansion of fiber network in Texas meets growing demand for high-speed connectivity. Still committed to Connecticut.
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FAQ

What is the current stock price of Frontier Communications Parent (FYBR)?

The current stock price of Frontier Communications Parent (FYBR) is $34.65 as of December 20, 2024.

What is the market cap of Frontier Communications Parent (FYBR)?

The market cap of Frontier Communications Parent (FYBR) is approximately 8.7B.

What services does Frontier Communications Parent, Inc. offer?

Frontier Communications provides video, high-speed internet, advanced voice services, and digital protection solutions through its fiber-optic and copper networks.

Where is Frontier Communications Parent, Inc. headquartered?

Frontier Communications Parent, Inc. is headquartered in Dallas, Texas.

What market areas does Frontier Communications serve?

Originally serving rural areas and smaller communities, Frontier Communications now also serves several large metropolitan markets across the United States.

What recent challenges has Frontier Communications faced?

Frontier Communications recently faced a data breach affecting over 751,895 individuals, compromising personal information such as names and Social Security Numbers.

What is the recent news regarding Frontier Communications Parent, Inc.?

Edelson Lechtzin LLP is investigating claims of data privacy violations following a breach detected on April 14, 2024, where personal information of many individuals was compromised.

Who is investigating the data breach at Frontier Communications?

The law firm Edelson Lechtzin LLP is investigating the data breach and potential legal remedies for those affected.

What steps should I take if I receive a data breach notification from Frontier?

If you receive a data breach notification, understand the risks of potential misuse of your information, including identity theft, and explore your legal options for mitigating such risks.

How does Frontier Communications support businesses?

Frontier Communications offers customized communication solutions for small, medium, and enterprise businesses, ensuring reliable connectivity and advanced technological services.

How is Frontier Communications enhancing its services?

Frontier Communications continuously invests in infrastructure and service improvements to enhance customer experience and remain competitive in the telecommunications industry.

Where can I find more information about the data breach investigation?

For more information about the data breach investigation, you can contact Edelson Lechtzin LLP or visit their website.

Stock FYBR logo
Frontier Communications Parent, Inc.

Nasdaq:FYBR

FYBR Rankings

#929 Ranked by Market Cap
N/A Ranked by Dividends

FYBR Stock Data

8.66B
244.32M
1.27%
95.7%
3.41%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
DALLAS