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Frontier Communications Corp (FTR.O)

FTR.O on Nasdaq

11.70USD
16 Oct 2017
Change (% chg)

$-0.19 (-1.60%)
Prev Close
$11.89
Open
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Day's High
$11.95
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$11.66
Volume
2,926,471
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52-wk High
$63.90
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$11.65

Latest Key Developments (Source: Significant Developments)

Frontier Communications Corp Q2 loss per share $9.21
Tuesday, 1 Aug 2017 04:11pm EDT 

Aug 1 (Reuters) - Frontier Communications Corp :Frontier Communications reports 2017 second quarter results.Q2 revenue $2.3 billion versus I/B/E/S view $2.31 billion.Frontier Communications Corp qtrly consumer customer churn of 2.24%, down from 2.37% in q1 2017.Q2 loss per share $9.21.Sees 2017 capital expenditures of $1.1 billion to $1.2 billion.Frontier Communications Corp qtrly ‍net loss of $662 million, principally driven by a $532 million (after tax) goodwill impairment charge​.Sees 2017 adjusted free cash flow - $800 million to $900 million.  Full Article

Frontier Communications announces completion of reverse stock split
Monday, 10 Jul 2017 08:00am EDT 

July 10 (Reuters) - Frontier Communications Corp ::Frontier Communications Corp - says completion of its 1-for-15 reverse stock split of issued shares of common stock.  Full Article

Frontier Communications announces early tender results
Monday, 26 Jun 2017 09:00am EDT 

June 26 (Reuters) - Frontier Communications Corp :Frontier communications announces early tender results and upsizing of its previously announced cash tender offers for certain series of notes.Frontier communications corp - amended terms of tender offers to increase maximum aggregate consideration to be paid by company in tender offers.Frontier communications corp - increased maximum aggregate consideration to be paid by company in tender offers from $800 million to $1.15 billion.  Full Article

Nokia and Frontier Communications deploy G.fast technology to expand gigabit ultra-broadband access across Connecticut
Thursday, 25 May 2017 08:01am EDT 

May 25 (Reuters) - Frontier Communications Corp :Nokia - Nokia And Frontier Communications deploy G.Fast Technology to expand gigabit ultra-broadband access across Connecticut.  Full Article

Frontier Communications board sets reverse stock split ratio
Friday, 12 May 2017 08:00am EDT 

May 12 (Reuters) - Frontier Communications Corp -:Frontier Communications board sets reverse stock split ratio and effective date.Frontier Communications - board determined to effect reverse stock split of issued shares of common stock at a ratio of one share for fifteen shares.  Full Article

Frontier says former Google Fiber exec to join as EVP, field operations
Thursday, 11 May 2017 04:45pm EDT 

May 11 (Reuters) - Frontier Communications Corp ::Frontier Communications- Chris Levendos, former head of network deployment & operations organization at Google Fiber, will join co as EVP, field operations.  Full Article

Tivo - Frontier signed multi-year product license agreement with TiVo
Monday, 8 May 2017 08:00am EDT 

May 8 (Reuters) - Frontier Communications Corp :frontier signed multi-year product license agreement and renewal of its entertainment discovery intellectual property license agreement.Co named exclusive provider of advertising for national ad campaigns in Frontier's interactive programming guides' program listings grid.Deal also provides frontier with a license to TiVo intellectual property portfolios.  Full Article

Frontier Communications board will set reverse stock split ratio at 1-for-15
Tuesday, 2 May 2017 04:01pm EDT 

May 2 (Reuters) - Frontier Communications Corp :Frontier Communications board will set reverse stock split ratio at 1-for-15.Frontier Communications Corp - Proposal before Frontier stockholders would reduce authorized number of shares of common stock from 1.75 billion to 175 million.  Full Article

Frontier Communications reports Q1 revenue $2.356 billion
Tuesday, 2 May 2017 04:01pm EDT 

May 2 (Reuters) - Frontier Communications Corp :Frontier Communications reports 2017 first quarter results.Q1 revenue $2.356 billion versus I/B/E/S view $2.35 billion.Q1 loss per share $0.11.Q1 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S.Frontier Communications Corp - Remains on track to achieve an incremental cost savings of $350 million in annual savings by mid-year 2018.Frontier Communications Corp -Sees FY adjusted free cash flow - $800 million to $1.0 billion.Frontier Communications Corp - Sees FY capital expenditures - $1.0 billion to $1.25 billion.  Full Article

Frontier Communications Corp amends credit agreement
Wednesday, 29 Mar 2017 05:22pm EDT 

Frontier Communications Corp : Frontier Communications Corp - co amended its credit agreement, dated as of June 2, 2014 - SEC filing . Frontier Communications Corp - amendments provide interest rate margins under each of these facilities will range from 0.875%-3.875% for base rate borrowings .Frontier Communications Corp - amendments provide interest rate margins under each of these facilities will range from 1.875%-4.875% for LIBOR borrowings.  Full Article

BRIEF-Frontier Communications work schedules, service order impacts from Hurricane Irma

* Frontier Communications work schedules, service order impacts from Hurricane Irma Source text for Eikon: Further company coverage: