Frontier Awarded $15M Grant From The Realizing Opportunity With Broadband Infrastructure Networks To Expand Fiber Broadband Service To Unserved Communities In Clinton County, Michigan

7/11/24 8:07:37 AM ET

$FYBR

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Company will bring fast, reliable connectivity to homes and businesses across Michigan

Frontier Communications Parent, Inc. (NASDAQ:FYBR):

What Happened? Frontier (NASDAQ:FYBR) received $15M in grant funding to expand high-speed fiber broadband service to homes and businesses across Michigan. The grant was awarded by Realizing Opportunity with Broadband Infrastructure Networks (ROBIN).

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Recent Analyst Ratings for
$FYBR

Date	Price Target	Rating	Analyst
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

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$FYBR
Financials

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Frontier to Report Third-Quarter 2024 Earnings on November 5, 2024
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
10/31/24 5:40:00 PM ET
$FYBR
Telecommunications Equipment
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Carronade Capital Urges Frontier Communications Shareholders to Vote Against Sale to Verizon on Current Terms
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
10/21/24 8:56:08 AM ET
$FYBR
Telecommunications Equipment
Telecommunications
Verizon to acquire Frontier
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
9/5/24 6:00:03 AM ET
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Frontier to Report Third-Quarter 2024 Earnings on November 5, 2024
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
10/31/24 5:40:00 PM ET
$FYBR
Telecommunications Equipment
Telecommunications
Frontier Files Investor Presentation Detailing Significant Financial Benefits of Proposed Acquisition by Verizon
Verizon's All-Cash Offer of $38.50 per Share Provides Highly Attractive Value to Frontier Stockholders Frontier's Board of Directors Strongly Recommends Stockholders Vote "FOR" the Proposed Acquisition by Verizon Frontier Communications Parent, Inc. (NASDAQ:FYBR) ("Frontier") today posted on its investor relations website and filed with the Securities and Exchange Commission an investor presentation detailing the significant value the proposed acquisition by Verizon Communications Inc. ((NYSE, NASDAQ:VZ) ("Verizon") creates for Frontier stockholders. The investor presentation is available on Frontier's Investor Relations website. Highlights from the presentation include: Verizon's best
10/25/24 9:00:00 AM ET
$FYBR
$VZ
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Glendon Capital Management Sends Letter to Frontier Communications Board of Directors Opposing Sale to Verizon for $38.50 Per Share
Will Vote Against Verizon Transaction at Current Price as it Significantly Undervalues Frontier's Assets and Earnings Trajectory Frontier's Board Relied on Fundamentally Flawed DCF and Peer Analysis Believes Frontier's Enterprise Value is at Least $26 Billion, 30% Higher than the Current $20 Billion Enterprise Value Ascribed from the Verizon Transaction Urges Extension of Record Date and Date of Special Meeting of Stockholders LOS ANGELES, Oct. 23, 2024 /PRNewswire/ -- Glendon Capital Management LP ("Glendon"), a private investment firm which is one of the largest shareholders of Frontier Communications Parent, Inc. ("Frontier" or the "Company") (NASDAQ:FYBR), owning nearly 10% of the outsta
10/23/24 8:00:00 AM ET
$FYBR
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Starboard Value Nominates Three Highly Qualified and Independent Candidates for Election to Algonquin Power's Board of Directors
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.
3/21/24 5:09:00 PM ET
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Frontier Announces Appointment of Woody Young to its Board of Directors
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
2/5/24 8:00:00 AM ET
$FYBR
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Frontier Appoints Newmark to Manage its Real-Estate Portfolio
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
1/17/23 8:00:00 AM ET
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Frontier Awarded $15M Grant From The Realizing Opportunity With Broadband Infrastructure Networks To Expand Fiber Broadband Service To Unserved Communities In Clinton County, Michigan

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Recent Analyst Ratings for $FYBR

$FYBR Financials

Live finance-specific insights

Frontier to Report Third-Quarter 2024 Earnings on November 5, 2024

Carronade Capital Urges Frontier Communications Shareholders to Vote Against Sale to Verizon on Current Terms

Verizon to acquire Frontier

$FYBR Large Ownership Changes

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Amendment: SEC Form SC 13D/A filed by Frontier Communications Parent Inc.

SEC Form SC 13D filed by Frontier Communications Parent Inc.

Amendment: SEC Form SC 13D/A filed by Frontier Communications Parent Inc.

$FYBR Market Insights

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A Glimpse Into The Expert Outlook On Frontier Communications Through 4 Analysts

UBS Initiates Coverage On Frontier Communications with Buy Rating, Announces Price Target of $33