Frontier Communi Stock Price, News & Analysis

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that CFO Scott Beasley will present at Citi's 2023 Communications, Media & Entertainment Conference on Thursday, January 5, 2023, at 11:30 a.m. ET. Interested participants can access the live audio webcast through Frontier’s Investor Relations website.

As a leading communications provider, Frontier offers gigabit speeds across 25 states, focusing on building a robust digital infrastructure and closing the digital divide. The company's mission is encapsulated in its initiative, Building Gigabit America™.

Frontier (NASDAQ: FYBR) has announced a major milestone, reaching 5 million locations with its fiber-optic network, halfway to its goal of 10 million by 2025. Launched in 2020, this fiber-first initiative aims to enhance high-speed internet access nationwide. Frontier's strategy is designed to meet the increasing demand for reliable broadband, impacting both consumers and businesses positively. The company has consistently accelerated its fiber expansion over the past quarters, and its efforts are supported by significant demand for better connectivity.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that CEO Nick Jeffery will present at the UBS Global TMT Conference on Monday, December 5, 2022, at 2:10 p.m. ET. A live audio webcast will be available on Frontier’s Investor Relations website.

As a leading communications provider, Frontier aims to empower consumers and businesses with gigabit speeds across 25 states, focusing on building digital infrastructure and closing the digital divide.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced its Senior Vice President of Investor Relations, Spencer Kurn, will present at the Wells Fargo TMT Summit on November 30, 2022, at 11:40 a.m. ET. A live audio webcast will be available on Frontier’s Investor Relations website.

As a leading communications provider, Frontier offers gigabit speeds to customers in 25 states, building vital digital infrastructure with fiber-optic and cloud-based solutions. The company aims to support a digital society and close the digital divide.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced that John Harrobin, Executive Vice President of Consumer, will present at the New Street and BCG Innovation Conference on Monday, Nov. 14, 2022, at 9:55 a.m. ET. Investors can access a live audio webcast of the event through the Events & Presentations section on Frontier's Investor Relations website. Frontier is a leading communications provider, offering gigabit speeds in 25 states and focused on building digital infrastructure and closing the digital divide.

Frontier Communications Parent (NASDAQ: FYBR) reported its third-quarter 2022 results, showcasing record operational achievements. The company expanded fiber infrastructure, adding 351,000 locations, totaling 4.8 million. Revenue reached $1.44 billion, with a net income of $120 million. Notably, Frontier increased its cost-saving target to $400 million by 2024, achieving $250 million gross savings a year ahead. However, overall revenue declined 8.4% year-over-year, primarily due to subsidy expirations. The company reaffirmed its 2022 guidance for Adjusted EBITDA between $2.05-$2.15 billion.

Frontier Communications Parent (NASDAQ: FYBR) plans to invest $800 million to expand its fiber-optic network in Connecticut, aiming to reach over 800,000 homes and businesses by the end of 2025. This significant infrastructure project is one of the largest in the state's history, supporting Frontier's broader goal of connecting 10 million locations nationwide with high-speed broadband. By late 2020, the company had already reached 500,000 locations in Connecticut, with plans for a 60% increase in fiber footprint by 2025.

Frontier Communications has launched its first social impact program, Broadband for Good, to enhance digital inclusion using its fiber technology. This initiative aims to bridge the digital divide by connecting underserved communities. The inaugural recipient is the Boys & Girls Club of the Brazos Valley in Bryan, Texas, where Frontier will provide high-speed broadband and computer equipment. CEO Nick Jeffery emphasized the company's commitment to fostering an inclusive digital society through this program, which aligns with Frontier's mission of Building Gigabit America.

Frontier Communications Parent, Inc. (NASDAQ: FYBR) will report its third-quarter 2022 financial results on November 2, 2022, during a webcast starting at 8:30 a.m. ET. Access to the earnings release and presentation materials will be available from 7:00 a.m. ET on Frontier's Investor Relations website.

Frontier is focused on building a robust digital infrastructure across 25 states, providing gigabit speeds and cloud-based solutions to consumers and businesses, committed to the mission of Building Gigabit America™.