Press Release
Frontier Expands High-Speed Fiber Internet to 1 Million Homes and Businesses in Connecticut
Frontier expands access to more than 1 million homes and businesses across the state of Connecticut.
July 16, 2024
Frontier expands access to more than 1 million homes and businesses across the state of Connecticut.
Frontier received $15M in grant funding to expand high-speed fiber broadband service to homes and businesses across Michigan.
Frontier announced it will report its second-quarter 2024 financial results on Friday, August 2, 2024.
Frontier donated high-speed fiber internet to the Boys & Girls Club of Ridgefield through our Broadband for Good program.
Frontier announced the closing of its previously announced fiber securitization notes offering.
Frontier announced that a limited-purpose, bankruptcy remote, indirect subsidiary of the Company has priced $750 million aggregate principal amount of secured fiber network revenue term notes, consisting of $530 million 6.2% Series 2024-1, Class A-2 term notes, $73 million 7.0% Series 2024-1, Class B term notes and $147 million 11.2% Series 2024-1, Class C term notes, each with an anticipated repayment date in May 2031 (collectively, the “Notes”).
Frontier announced that a limited-purpose, bankruptcy remote, indirect subsidiary of the Company intends to offer approximately $750 million aggregate principal amount of secured fiber network revenue term notes (the “Notes”), with an anticipated repayment date in May 2031, subject to market conditions and other factors.
After moving the company’s headquarters to Dallas last year, CEO Nick Jeffery has built the formerly bankrupt enterprise into the country’s largest pure-play fiber provider.
Frontier announced the execution of an amendment to its revolving credit facility.
Frontier announced that Chief Financial Officer Scott Beasley is scheduled to present at the TD Cowen Annual Technology, Media & Telecom Conference.