It consists of $530 million 6.3% Series 2024-1, Class A-2 term notes, $73 million 7.1% Series 2024-1, Class B term notes and $147 million 11.4% Series 2024-1, Class C term notes, each with an anticipated repayment date in May 2031.
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| 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 |
SC 13G/A - Frontier Communications Parent, Inc. (0000020520) (Subject)
SC 13G - Frontier Communications Parent, Inc. (0000020520) (Subject)
SC 13G/A - Frontier Communications Parent, Inc. (0000020520) (Subject)
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
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
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
In the latest quarter, 4 analysts provided ratings for Frontier Communications (NASDAQ:FYBR), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $33.25, a high estimate of $39.00, and a low estimate of $29.00. Highlighting a 6.34% decrease, the curren
UBS analyst Batya Levi initiates coverage on Frontier Communications (NASDAQ:FYBR) with a Buy rating and announces Price Target of $33.
Company will bring fast, reliable connectivity to homes and businesses across MichiganFrontier 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).
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
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
4 - Frontier Communications Parent, Inc. (0000020520) (Issuer)
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
144 - Frontier Communications Parent, Inc. (0000020520) (Subject)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)
8-K - Frontier Communications Parent, Inc. (0000020520) (Filer)