Frontier Communi Stock Price, News & Analysis

Frontier Communications Parent, Inc. (NASDAQ: FYBR) will hold its annual stockholder meeting on May 17, 2022, at 10:00 a.m. ET. Eligible stockholders, determined by a record date of March 21, 2022, can attend the virtual meeting through a live webcast accessible via this link. Frontier is dedicated to enhancing digital infrastructure across 25 states, delivering gigabit speeds, and striving for a sustainable digital future. Further details on attendance and voting will be shared before the meeting.

RingCentral (NYSE: RNG) and Frontier (NASDAQ: FYBR) have partnered to launch an all-in-one productivity solution aimed at small businesses. This package includes cloud communications, high-speed fiber internet, and a reliable business phone system, enabling seamless operation from anywhere. The bundle supports video conferencing for 100 participants and offers internet speeds up to 2 Gig, enhancing bandwidth needs for modern workplaces. Available since March 3, 2022, it covers approximately 4 million homes and businesses.

Frontier Communications Parent reported strong fourth-quarter and full-year 2021 results, highlighting its transformation into a fiber-first company. Key achievements include building fiber to 638,000 locations, adding 99,000 net broadband customers, and launching 2 Gig fiber service network-wide. However, the company saw a 6.3% decline in fourth-quarter revenue, primarily due to decreases in video and voice services. Frontier's fourth-quarter revenue was $1.54 billion, with net income of $189 million. The company anticipates Adjusted EBITDA of $2.00 - $2.15 billion for 2022.

Frontier has launched the nation’s first network-wide 2 Gig fiber internet service, available across its entire fiber footprint as of February 22, 2022. The service offers symmetrical speeds for $149.99/month, along with several complimentary features such as free tech support and Amazon Fire TV. This initiative aims to enhance connectivity for households with rising internet demands, given the average Frontier household connects 22 devices. Customers can upgrade easily with professional installation included, reinforcing Frontier's commitment to Building Gigabit America.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) is set to release its fourth-quarter and full-year 2021 financial results on February 23, 2022. A webcast presentation will begin at 8:30 a.m. ET, with access to the earnings release and materials available from 7:00 a.m. ET on the same day via Frontier's Investor Relations website.

Frontier Communications Parent (NASDAQ: FYBR) reported a significant increase in fiber broadband customers, adding 45,000 in Q4 2021, the highest quarterly gain to date. CFO Scott Beasley announced this growth during the Citi AppsEconomy Conference. This marks a 50% increase over the previous record of 29,000 net additions in Q3 2021. The overall broadband customer base grew by 9,000, the first increase in over five years, driven by strong fiber performance despite losses in copper broadband customers. The company anticipates continued growth as its fiber expansion accelerates.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that CFO Scott Beasley will present at Citi’s AppsEconomy Conference on January 5, 2022, at 4:00 p.m. ET. A live audio webcast of the event will be available on Frontier's Investor Relations website. The company provides services over fiber-optic and copper networks across 25 states, including high-speed Internet, video, and advanced voice solutions. More information can be found at www.frontier.com.

Frontier Communications (NASDAQ: FYBR) has successfully completed the U.S.'s first trial of Nokia's 25G PON broadband technology, enhancing bandwidth across its fiber-optic network. This advancement is crucial as customers demand higher bandwidth for applications in IoT, AI, and big data. 25G PON technology will improve cost efficiency and allow Frontier to serve 5G mobile operators. The company plans further trials leading to commercial deployment in late 2022, reinforcing its competitive edge in providing high-speed broadband services.

Frontier Communications (NASDAQ: FYBR) has partnered with YouTube TV to provide its customers with a streaming solution for live and on-demand video content. Starting December 6, 2021, Frontier customers can access over 85 networks, including sports and news, via Smart TVs, phones, and more. John Harrobin, Frontier's Executive VP, emphasized that this collaboration allows customers to enjoy their fiber-optic broadband alongside YouTube TV at competitive pricing. This offering supports Frontier's goal of enhancing customer value in the competitive streaming landscape.