Formerly |
|
---|---|
Company type | Public |
Industry | Telecommunications |
Predecessor | Public Utilities Consolidated Corporation |
Founded | 1935[1] |
Headquarters | , U.S. |
Area served | United States (25 states) |
Key people | Nick Jeffery (CEO)[2] Scott Beasley (executive vice president & CFO)[3] |
Services | Local and long-distance telephone service, internet access, wireless internet access, digital phone, DISH satellite TV, fiber-optic internet, fiber-optic television |
Revenue | US$6.41 billion (2021) |
US$2.216 billion (2021) | |
US$4.96 billion (2021) | |
Total assets | US$16.481 billion (2021) |
Total equity | US$4.796 billion (2022) |
Number of employees | 15,074 (2022) |
Subsidiaries | List of Frontier Communications operating companies |
Website | www |
Footnotes / references [4][5] |
Frontier Communications Parent, Inc. is an American telecommunications company.[6] Known as Citizens Utilities Company until 2000,[7] Citizens Communications Company until 2008,[8] and Frontier Communications Corporation until 2020,[6] as a communications provider[9] with a fiber-optic network[10] and cloud-based services,[11] Frontier offers broadband internet, digital television, and computer technical support to residential and business customers in 25 states.[12] In some areas it also offers home phone services.[13]
It was incorporated in 1935[14] and based in Dallas, Texas,[6] the company began focusing solely on telecommunications in 1999,[15] selling its natural gas assets and utility operations.[16] The company subsequently acquired companies such as Frontier Communications of Rochester[17] as well as assets from Verizon Communications[18] and AT&T.[19] After filing for bankruptcy in 2020[20] and emerging from restructuring in 2021,[10] Frontier went public again on May 4, 2021, on the NASDAQ.[6] The company had around 3 million broadband subscribers and 485,000 video subscribers in 2021[4] and currently has a fiber optic network of 5.2 million locations.[21]
Citizens was incorporated in 1935 to reorganize Public Utilities Consolidated Corp., a subsidiary of W.B. Foshay Co., which had been forced into receivership.Alt URL
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