Frontier Communications Parent Inc Stock News

DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): 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:...

Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.

DALLAS--(BUSINESS WIRE)--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 stock...

Frontier Communications shareholders are set to approve a deal to be acquired by Verizon even after a number of large investors sought to get a higher price, sources familiar with the matter said on Wednesday.

The $9.6 billion deal would expand Verizon's fiber network to a size that would rival major competitors such as AT&T and Comcast.

DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today issued the following statement in response to reports published by ISS on November 1 and Glass Lewis on November 6 regarding its proposed transaction with Verizon: Frontier disagrees with ISS' and Glass Lewis' recommendation to “Abstain” from voting on the transaction. Frontier's Board of Directors b...

DALLAS--(BUSINESS WIRE)--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,...

Prominent proxy advisory firm Institutional Shareholder Services on Friday recommended Frontier Communications shareholders abstain from voting on Verizon's $20 billion takeover bid and instead support the adjournment proposal.