Frontier Communications Parent, Inc., together with its subsidiaries, provides various services to residential and business customers over its fiber-optic and copper networks in 25 states in the United States. It offers video, high-speed Internet, advanced voice, and Frontier Secure digital protection solutions. The company also provides Frontier Business that offers communications solutions to small, medium, and enterprise businesses. The company was formerly known as Frontier Communications Corporation and changed its name to Frontier Communications Parent, Inc. in April 2021. Frontier Communications Parent, Inc. was incorporated in 1935 and is based in Norwalk, Connecticut.
IPO Year:
Exchange: NASDAQ
Website: frontier.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2025 | Mkt Perform → Underperform | Raymond James | |
| 12/6/2024 | Buy → Hold | The Benchmark Company | |
| 10/28/2024 | Strong Buy → Mkt Perform | Raymond James | |
| 10/8/2024 | Buy → Hold | TD Cowen | |
| 9/30/2024 | Outperform → Peer Perform | Wolfe Research | |
| 9/17/2024 | $35.00 → $38.50 | Overweight → Neutral | JP Morgan |
| 7/18/2024 | $33.00 | Buy | UBS |
| 7/1/2024 | $29.00 | Buy | Goldman |
| 4/15/2024 | $28.00 → $30.00 | Neutral → Buy | Citigroup |
| 4/9/2024 | $30.00 | Buy | BofA Securities |
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
Raymond James downgraded Frontier Communications Parent from Mkt Perform to Underperform
The Benchmark Company downgraded Frontier Communications Parent from Buy to Hold
Raymond James downgraded Frontier Communications Parent from Strong Buy to Mkt Perform
TD Cowen downgraded Frontier Communications Parent from Buy to Hold
Wolfe Research downgraded Frontier Communications Parent from Outperform to Peer Perform
JP Morgan downgraded Frontier Communications Parent from Overweight to Neutral and set a new price target of $38.50 from $35.00 previously
UBS initiated coverage of Frontier Communications Parent with a rating of Buy and set a new price target of $33.00
Goldman initiated coverage of Frontier Communications Parent with a rating of Buy and set a new price target of $29.00
Citigroup upgraded Frontier Communications Parent from Neutral to Buy and set a new price target of $30.00 from $28.00 previously
BofA Securities initiated coverage of Frontier Communications Parent with a rating of Buy and set a new price target of $30.00
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
10-Q - Frontier Communications Parent, Inc. (0000020520) (Filer)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
DEFA14A - Frontier Communications Parent, Inc. (0000020520) (Filer)
DEF 14A - Frontier Communications Parent, Inc. (0000020520) (Filer)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
10-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
Fiber-first strategy delivered record first-quarter revenue and Adjusted EBITDA growth Fiber broadband revenue growth accelerated to 24% year-over-year driven by strong customer and ARPU growth Fiber build crossed the 8 million passings milestone, representing fiber footprint growth of ~2.5x from 2020 Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported first-quarter 2025 results today. "We had the strongest start to a year yet, led by continued strength in our fiber business," said Nick Jeffery, President and Chief Executive Officer of Frontier. "Consumers, business owners and technology companies are increasingly relying on fiber to power networks and connect t
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its first-quarter 2025 financial results after the market closes on Tuesday, April 29, 2025. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review quarterly results or provide a financial outlook. About Frontier Frontier (NASDAQ:FYBR) is the largest p
Frontier earns spot on Fortune's 2025 list of America's Most Innovative Companies for pushing the boundaries of what's possible with high-speed fiber internet Frontier (NASDAQ:FYBR): What happened: Frontier has earned a spot on Fortune's 2025 list of America's Most Innovative Companies. This prestigious list recognizes U.S. companies that are transforming industries from the inside out. Why it matters: We're building the digital infrastructure that the U.S. needs to compete and lead for generations to come. Today, we are the largest pure-play fiber internet provider in the country, providing access to high-speed, reliable connectivity to nearly 8 million homes and businesses. This award
Delivered full-year organic revenue growth for the first time in more than 15 years Accelerated full-year organic Adjusted EBITDA growth Added record fiber broadband customers in 2024 while continuing to grow ARPU Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported fourth-quarter and full-year 2024 results today. Additional information about the year and the past four years of the company's turnaround can be found in its investor presentation here. "2024 was a landmark year for Frontier, marking the culmination of an ambitious turnaround that started when we emerged from bankruptcy in 2021," said Nick Jeffery, President and Chief Executive Officer of Frontier. "
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its fourth-quarter and full-year 2024 financial results after the market closes on Thursday, Feb. 20, 2025. Pending Acquisition by Verizon As previously announced on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review quarterly results or provide a financial outlook. About Frontier Frontier (NASDAQ:FY
New offer combines Netflix's top-tier streaming service, fiber internet and popular Wi-Fi add-ons Frontier (NASDAQ:FYBR): What's happening: Frontier today announced a new entertainment bundle with Netflix just in time for the holiday season. Our customers can now enjoy streaming Netflix's Premium Plan offering shows, movies and exclusive live moments, powered by our high-speed fiber internet and popular Wi-Fi add-ons — with the convenience of one bill. Why we did it: Consumers are hungry for more live sports and entertainment content, and they want an easy, convenient way to experience it. With Netflix securing exclusive deals, like the upcoming Christmas Day NFL games featuring a Bey
First-of-its-kind economic study highlights the benefits of increased investment in fiber deployment Frontier (NASDAQ:FYBR): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120922301/en/(Graphic: Business Wire) What happened: Frontier, in partnership with the Fiber Broadband Associated (FBA), today published a new study that finds deploying fiber in the U.S. could generate an estimated $3.24 trillion in economic impact by increasing housing values, lifting average household income and creating jobs. Why it matters: The U.S. currently lags behind most developed countries in fiber deployment, with approximately 62 million br
Frontier (NASDAQ:FYBR) congratulates Commissioner Brendan Carr on his appointment as Chairman of the Federal Communications Commission. "Incoming FCC Chairman Brendan Carr has consistently championed initiatives that spur broadband expansion and promote equitable access to high-speed internet," said Frontier's CEO Nick Jeffery. "His thoughtful approach to telecom policy has paved the way for impactful investments that benefit consumers and strengthen the nation's connectivity. We are looking forward to continuing our work with the FCC to bridge the digital divide and provide broadband access to more Americans." About Frontier Frontier is the largest pure-play fiber provider in the U.S
Frontier (NASDAQ:FYBR): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114768598/en/Frontier teams up with RiseUP to bring "Magic Murals" to life in Hartford, Conn. (Beyond The Light / Frontier Communications) What's the donation: Frontier is donating high-speed fiber internet to the nonprofit RiseUP Group, Inc. in Hartford, Conn. through our Broadband for Good program. This will provide RiseUP with fast, reliable connectivity to power its art and education initiatives, inspiring and uplifting communities across Connecticut. What's Broadband for Good: Broadband for Good is our commitment to advancing digital inclusion and s
Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier" or the "Company") today announced that its stockholders approved the acquisition by Verizon Communications Inc. ((NYSE, NASDAQ:VZ) ("Verizon") at its special meeting held on November 13, 2024. Approximately 63% of stockholders voted "For" the merger agreement proposal, with ten of the company's top 12 stockholders voting to approve the transaction. On September 5, 2024, Frontier and Verizon announced they had entered into a merger agreement, pursuant to which Verizon would acquire Frontier in an all-cash transaction. Frontier stockholders will receive $38.50 per share in cash, representing a premium of 37% to Frontier's unaffe
Fiber-first strategy delivered record first-quarter revenue and Adjusted EBITDA growth Fiber broadband revenue growth accelerated to 24% year-over-year driven by strong customer and ARPU growth Fiber build crossed the 8 million passings milestone, representing fiber footprint growth of ~2.5x from 2020 Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported first-quarter 2025 results today. "We had the strongest start to a year yet, led by continued strength in our fiber business," said Nick Jeffery, President and Chief Executive Officer of Frontier. "Consumers, business owners and technology companies are increasingly relying on fiber to power networks and connect t
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its first-quarter 2025 financial results after the market closes on Tuesday, April 29, 2025. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review quarterly results or provide a financial outlook. About Frontier Frontier (NASDAQ:FYBR) is the largest p
Delivered full-year organic revenue growth for the first time in more than 15 years Accelerated full-year organic Adjusted EBITDA growth Added record fiber broadband customers in 2024 while continuing to grow ARPU Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported fourth-quarter and full-year 2024 results today. Additional information about the year and the past four years of the company's turnaround can be found in its investor presentation here. "2024 was a landmark year for Frontier, marking the culmination of an ambitious turnaround that started when we emerged from bankruptcy in 2021," said Nick Jeffery, President and Chief Executive Officer of Frontier. "
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its fourth-quarter and full-year 2024 financial results after the market closes on Thursday, Feb. 20, 2025. Pending Acquisition by Verizon As previously announced on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review quarterly results or provide a financial outlook. About Frontier Frontier (NASDAQ:FY
Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported third-quarter 2024 results today. Third-Quarter 2024 Highlights Added 381,000 fiber passings to reach 7.6 million total locations passed with fiber Added 108,000 fiber broadband customers, resulting in fiber broadband customer growth of 19.3% year-over-year Consumer fiber broadband ARPU of $65.40, up 1.4% year-over-year Revenue of $1.49 billion increased 3.7% year-over-year as growth in fiber-based products was partly offset by declines in copper-based products Operating income of $86 million and net loss of $82 million Adjusted EBITDA of $549 million increased 4.4% year-over-year driven by revenue grow
Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today announced it will report its third-quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Pending Acquisition by Verizon As previously announced, on September 4, 2024, Verizon Communications Inc. ("Verizon") and Frontier Communications Parent, Inc. entered into a definitive agreement for Verizon to acquire Frontier (the "transaction"). Due to the pending transaction, Frontier will not host a conference call to review the third quarter or provide a financial outlook. About Frontier Frontier (NASDAQ:FYBR) is the largest
DARIEN, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Carronade Capital, an alternative asset management firm, which beneficially owns approximately 2,000,000 shares of Frontier Communications Parent, Inc. (NASDAQ:FYBR) today released a letter to fellow Frontier shareholders. The full text of the letter is below: October 21, 2024 Dear Fellow Frontier Shareholder: Carronade Capital Management, LP ("Carronade" or "we" or "us") is a registered investment manager with approximately $2 billion in assets under management. Funds managed by Carronade beneficially own approximately 2,000,000 shares of Frontier Communications Parent, Inc. ("Frontier" or "Company"). Put plainly, we believe that the cu
Key Highlights: Increases scale with 2.2 million fiber subscribers and will extend Verizon's network reach to 25 million premises across 31 states and Washington, D.C.Transaction valued at $20 billion, expected to be accretive to revenue and Adjusted EBITDA growth upon closingVerizon reaffirms full-year 2024 guidanceProjected to generate at least $500 million in annual run-rate cost synergiesVerizon to host investor conference call today at 8:00 AM Eastern Time NEW YORK and DALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ((NYSE, NASDAQ:VZ) and Frontier Communications Parent, Inc. (NASDAQ:FYBR) today announced they have entered into a definitive agreement for Verizo
Delivered accelerating revenue growth and continued strong EBITDA growth Added record fiber broadband customers while growing ARPU Set new industry standard with Net Promoter Score six times higher than closest cable competitor Raised the low end of Adjusted EBITDA guidance following strong first half performance Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported second-quarter 2024 results today. "We continued to see strong demand for our high-speed, reliable fiber internet which drove record fiber broadband net additions in the second quarter. As a result, we delivered our second successive quarter of year-over-year revenue growth and our fourth consec
Delivered year-over-year revenue growth for the first quarter since 2015 Accelerated Adjusted EBITDA growth to 5% year-over-year Accelerated fiber broadband revenue growth of 24% year-over-year driven by strong customer and ARPU growth Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") reported first-quarter 2024 results today. "We had a strong start to the year and achieved another major inflection point. We grew revenue year-over-year for the first time since 2015 and delivered our third consecutive quarter of Adjusted EBITDA growth," said Nick Jeffery, President and Chief Executive Officer of Frontier. "We also grew our customer base and increased ARPU in the qua
Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.
Provides Value Creation Update Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier" or the "Company") today announced the appointment of Woody Young to its Board of Directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240205071834/en/Mr. Woody Young (Photo: Business Wire) Mr. Young is the former Chairman of Mergers and Acquisitions at Perella Weinberg Partners, where he also led the firm's U.S. telecommunications and media advisory businesses. He previously served as the Co-Head of Global Telecommunications, Media, and Technology at Lazard. "We are delighted to welcome Woody Young to Fro
Newmark's technology platform will further streamline Frontier's operations and drive efficiencies Frontier (NASDAQ:FYBR): TL;DR – The Byte-Size Download: Happening: Today, Frontier (NASDAQ:FYBR) announced it appointed Newmark, a world leader in commercial real estate, to manage its real-estate portfolio. Newmark's leading-edge, real-estate technology platform, Newlitic, and market expertise will help Frontier further streamline operations and identify cost savings opportunities. Why it Matters: Frontier's real-estate portfolio is made up of thousands of properties, including leased, owned and specialized network facilities, across 25 states. The entire portfolio will now be managed
Frontier Communications (NASDAQ:FYBR) today announced that Charlon McIntosh has been appointed Chief Customer Operations Officer. Ms. McIntosh will report directly to President and Chief Executive Officer Nick Jeffery and lead enterprise-wide customer operations that deliver superior customer service experiences across Frontier. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211004005198/en/Charlon McIntosh (Photo: Business Wire) Most recently, Ms. McIntosh was Humana's Senior Vice President of Group Military Specialty Service and Business Operations, responsible for all customer support and operations for the Employer Group, Mil
Frontier Communications (NASDAQ:FYBR) today announced Melissa Pint has been appointed Chief Digital Information Officer. Ms. Pint will report directly to President and Chief Executive Officer Nick Jeffery and lead the company's digital transformation journey, overseeing digital operations and architecture, enterprise technology architecture, business processes and enhancing customer engagement initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211001005402/en/Melissa Pint (Photo: Business Wire) Ms. Pint brings more than two decades of leadership experience spanning technology, IT, customer strategy and operations functio
Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier" or the "Company") today announced that Margaret M. "Peggy" Smyth has been appointed to the Company's Board of Directors, effective June 30, 2021. Ms. Smyth will serve as Chair of the Board's Audit Committee and will also be a member of the Operations Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210630005885/en/Margaret M. "Peggy" Smyth (Photo: Business Wire) Ms. Smyth most recently served as Chief Financial Officer of National Grid USA from October 2014 to June 2021, overseeing all finance, accounting, transactional, and property services. John Stratton,
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