Frontier Communi Stock Price, News & Analysis

Frontier (NASDAQ: FYBR) has appointed Ettienne Brandt as Executive Vice President of Commercial, enhancing its leadership team to support its fiber-first strategy. Brandt, with extensive experience in the broadband sector, particularly from his time at British Telecom, will focus on advancing services for its Enterprise and SMB markets. This strategic move aligns with Frontier's goals of accelerating fiber infrastructure development while addressing the needs of business customers and fostering growth.

Frontier Communications Parent reported its Q2 2022 financial results, achieving a revenue of $1.46 billion and a net income of $101 million. Despite an 8.7% year-over-year revenue decline, the company saw growth in fiber broadband with customer additions of 54,000, reflecting a 13.4% increase compared to Q2 2021. Adjusted EBITDA rose by 5.1% sequentially to $535 million. The company raised its 2022 guidance for Adjusted EBITDA to $2.05 - $2.15 billion and plans to build 1.1 - 1.2 million new fiber locations, up from earlier estimates.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) has announced that Chief Financial Officer Scott Beasley will present at the Cowen Communications Infrastructure Summit on August 9, 2022, at 4:45 p.m. ET. The event will be available via a live audio webcast on Frontier's Investor Relations website. Frontier is committed to providing gigabit internet access and enhancing digital infrastructure across 25 states, focusing on supporting a digital society and addressing the digital divide.

Frontier Communications Parent (NASDAQ: FYBR) will report its second-quarter 2022 financial results on August 5, 2022, via a webcast starting at 8:30 a.m. ET. Interested parties can access details and presentation materials on Frontier’s Investor Relations website from 7:00 a.m. ET.

Frontier is a major communications provider, focusing on gigabit-speed services across 25 states, aimed at bridging the digital divide and enhancing infrastructure while preparing for future demands.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that its Chief Financial Officer, Scott Beasley, is set to present at the Credit Suisse 24th Annual Communications Conference. The presentation will occur on June 14, 2022, at 10:05 a.m. ET. A live audio webcast will be available on Frontier’s Investor Relations website. Frontier is a leading provider of communication services, committed to Building Gigabit America and enhancing digital infrastructure across 25 states.

Frontier (NASDAQ: FYBR) has launched a Gigaboard advisory council composed of innovators from various fields to enhance customer experience and explore future connectivity solutions. The council aims to leverage diverse perspectives in areas like AR/VR, gaming, and consumer technology, aligning with Frontier's goal of digital transformation and improved customer loyalty following the rollout of their 2 Gig network. The group will meet quarterly to discuss innovative ideas and influence service development, aiming to solidify Frontier's position as a leader in connectivity.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) plans to exceed its 2022 target of 1 million fiber locations by an additional 100,000-200,000, according to CFO Scott Beasley at the MoffettNathanson Media Communications Summit. The company aims to enhance construction efficiencies with projected costs of $900-1000 per passing. Frontier has secured $1.2 billion in additional debt, maintaining a net leverage ratio of 2.5x and possessing $4 billion in liquidity, enabling them to fund the fiber build for two years without additional capital.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that Executive Chairman John Stratton will present at the J.P. Morgan Global Technology, Media & Communications Conference. The event is scheduled for May 24, 2022, at 2:10 p.m. ET. A live audio webcast will be accessible via Frontier’s Investor Relations website.

Frontier is a leading communications provider, offering gigabit speeds across 25 states, focusing on building digital infrastructure and bridging the digital divide.