OverviewSuggest Edit

Frontier Communications Parent (formerly known as Frontier Communications Corporation) is a company that provides telecommunications services. It offers Internet, phone, television, and communications services, and digital protection solutions. The company is focused on providing services to residential and business customers. Frontier Communications transmits its services over fiber-optic and copper networks.
TypePublic
Founded1935
HQNorwalk, CT, US
Websitefrontier.com
Employee Ratings3.1
Overall CultureB

Latest Updates

Employees (est.) (Sept 2021)15,803(-3%)
Job Openings305
Revenue (FY, 2020)$7.2 B(-11%)
Share Price (May 2022)$23.5(+7%)
Cybersecurity ratingFMore
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Key People/Management at Frontier Communications

Nick Jeffery

Nick Jeffery

President, Chief Executive Officer
Scott Beasley

Scott Beasley

EVP, Chief Financial Officer
Veronica Bloodworth

Veronica Bloodworth

EVP, Chief Network Officer
Alan Gardner

Alan Gardner

EVP, Chief People Officer
John Harrobin

John Harrobin

EVP, Consumer
Mark D. Nielsen

Mark D. Nielsen

EVP, Chief Legal & Regulatory Officer
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Frontier Communications Office Locations

Frontier Communications has an office in Norwalk
Norwalk, CT, US (HQ)
401 Merritt 7
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Frontier Communications Financials and Metrics

Frontier Communications Revenue

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View revenue for all periods
Frontier Communications's revenue was reported to be $7.16 b in FY, 2020 which is a 11.7% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.7b

Gross profit (Q1, 2021)

1.1b

Gross profit margin (Q1, 2021), %

63%

Net income (Q1, 2021)

60.0m

EBIT (Q1, 2021)

259.0m

Market capitalization (13-May-2022)

5.8b

Closing stock price (13-May-2022)

23.5

Cash (30-Sept-2021)

1.2b

EV

11.6b
Frontier Communications's current market capitalization is $5.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

8.6b8.1b7.2b

Revenue growth, %

(6%)(6%)(12%)

Cost of goods sold

3.3b3.1b975.0m

Gross profit

5.3b5.1b6.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

2.1b2.1b2.0b1.9b1.8b1.7b1.7b

Cost of goods sold

794.0m763.0m771.0m730.0m685.0m657.0m620.0m

Gross profit

1.3b1.3b1.2b1.2b1.1b1.1b1.1b

Gross profit Margin, %

62%63%61%62%62%62%63%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

354.0m760.0m1.8b

Accounts Receivable

723.0m629.0m553.0m

Prepaid Expenses

86.0m89.0m90.0m

Current Assets

1.3b3.0b2.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

119.0m267.0m683.0m941.0m2.3b1.8b2.1b993.0m1.2b

Accounts Receivable

715.0m674.0m654.0m596.0m602.0m562.0m519.0m504.0m452.0m

Prepaid Expenses

104.0m106.0m110.0m98.0m147.0m105.0m85.0m111.0m94.0m

Current Assets

1.1b2.6b3.0b3.2b3.2b2.6b2.8b1.6b1.8b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(643.0m)(5.9b)(402.0m)

Depreciation and Amortization

2.0b1.8b1.6b

Accounts Payable

(141.0m)(122.0m)342.0m

Cash From Operating Activities

1.8b1.5b2.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(87.0m)(5.4b)(5.7b)(186.0m)(367.0m)(352.0m)60.0m

Depreciation and Amortization

484.0m938.0m1.4b415.0m812.0m1.2b387.0m

Accounts Payable

(157.0m)(14.0m)(153.0m)110.0m278.0m334.0m48.0m

Cash From Operating Activities

282.0m857.0m1.1b477.0m950.0m1.5b665.0m
USDFY, 2018

EV/EBIT

20.6 x

EV/CFO

9.4 x

EV/FCF

27.5 x

Revenue/Employee

398.9k

Debt/Equity

10.7 x

Debt/Assets

0.7 x

Financial Leverage

14.8 x

P/E Ratio

(0.3)
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Frontier Communications Operating Metrics

Frontier Communications's Customers was reported to be 3.6 m in Q3, 2020.
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Frontier Communications Acquisitions / Subsidiaries

Company NameDateDeal Size
Verizon Wireline OperationsApril 01, 2016$10.5 b
The Southern New England Telephone CompanyOctober 24, 2014
Global Valley NetworksNovember 01, 2007
Commonwealth Telephone Enterprises LLCSeptember 18, 2006$1.3 b
Electric Lightwave NY, LLCMay 16, 2002
Rhinelander Telecommunications, LLCNovember 01, 1998
Citizens Capital Ventures Corp.
Citizens Directory Services Company L.L.C.
Citizens Louisiana Accounting Company
Citizens Newcom Company
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Frontier Communications Revenue Breakdown

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Frontier Communications revenue breakdown by business segment: 5.2% from Subsidy and other regulatory revenue, 48.6% from Data and Internet Services, 29.1% from Voice Services, 11.0% from Video Services and 6.0% from Other

Frontier Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

F

54/100

SecurityScorecard logo

Frontier Communications Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Frontier Communications Online and Social Media Presence

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Frontier Communications Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    73/100

  • Compensation

    B

    73/100

  • Diversity

    B+

    74/100

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Frontier Communications News and Updates

Bernstein Litowitz Berger & Grossmann LLP Announces Pendency of Class Action and Proposed Settlement Involving Investors in Publicly Traded Common Stock and Mandatory Convertible Preferred Stock of Frontier Communications Corporation

NEW YORK, Feb. 28, 2022 /PRNewswire/ -- UNITED STATES DISTRICT COURT DISTRICT OF CONNECTICUT IN RE FRONTIER COMMUNICATIONS CORPORATION STOCKHOLDERS LITIGATION No. 3:17-cv-01617-VAB SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT; (II) SETTLEMENT HEARING; AND (III)...

Frontier Communications to Report Fourth-Quarter and Full-Year 2021 Earnings on February 23, 2022

Frontier Communications Parent, Inc. (NASDAQ: FYBR) will report its fourth-quarter and full-year 2021 financial results on Wednesday, February 23, 2022.

Frontier Delivers Company Record for Fiber Broadband Customer Growth in Q4 2021

Frontier Communications Parent, Inc. (NASDAQ: FYBR) announced the net addition of 45,000 fiber broadband customers in the fourth quarter of 2021, the largest quarterly increase to date, according to Chief Financial Officer Scott Beasley, speaking at the Citi AppsEconomy Conference today.

Frontier Communications Bankruptcy Fees Are Too High, Judge Rules

Frontier Communications Corp. and the investment bank that guided it through bankruptcy, Evercore Group LLC, were told by a judge Thursday to go back to the drawing board on their fee arrangement, which creditors had called too pricey.

Frontier Communications Prices $1.150 Billion First Lien Secured Notes Offering

Frontier Communications Corporation announced today that it has priced its previously announced offering of $1.150 billion aggregate principal amount of First Lien Secured Notes due 2027 in a private transaction. The First Lien Secured Notes will bear interest at 5.875% per year and will be sold at …
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Frontier Communications Blogs

Great Roguelike Games To Play Right Now

“Rogue” was one of the most important games of the 1980s. Its progressively generated dungeons, permanent death and loose fantasy plot inspired generations of spiritual successors. If you’re looking for a fun throwback adventure exploring dungeons and fighting monsters, these are the roguelike (and …

Getting Into Subscription Gaming Services? What’s the Difference?

Game streaming—cloud gaming—subscriptions are like Netflix for video games, allowing you to access content on remote servers via your internet connection. Use a gamepad to send inputs to the server from your home (or on the go), and get back a video and audio feed of the game in near real time. In t…

Choosing the Best Video Games To Livestream

If you’ve ever considered playing video games live on Twitch or YouTube Gaming, you’ve probably wondered which are the best games to stream. There are a couple ways to approach finding the best livestreaming game for you, so let’s break it down. First, of course, you’ll want to get your ultimate gam…

How To Find and Succeed in the Perfect Remote Job

Working from home is a lifestyle many people aren’t ready to give up. So as companies transition to in-person or hybrid models, you might be looking for ways keep your new routine. Plus, you’ve already upgraded your work-from-home setup, with faster internet and some smart tech to go with it. Luckil…

What’s New in Social Gaming

With 3 billion players across the globe, video gaming is definitely not an isolated pastime where gamers live in their own in virtual worlds. Many gamers use the gaming platforms much like traditional social media. Called social gaming, this is where they create communities, chat with fans, socializ…

What Is Wi-Fi 6 and Why Does It Matter?

As the official technology for wireless networking, Wi-Fi is measured according to standards. Like the technology in your devices and tech equipment, updates are made regularly—roughly every five years or so in this case. Wi-Fi 6 is the most recent version of Wi-Fi technology. It’s faster, more effi…
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Frontier Communications Frequently Asked Questions

  • When was Frontier Communications founded?

    Frontier Communications was founded in 1935.

  • Who are Frontier Communications key executives?

    Frontier Communications's key executives are Nick Jeffery, Scott Beasley and Veronica Bloodworth.

  • How many employees does Frontier Communications have?

    Frontier Communications has 15,803 employees.

  • What is Frontier Communications revenue?

    Latest Frontier Communications annual revenue is $7.2 b.

  • What is Frontier Communications revenue per employee?

    Latest Frontier Communications revenue per employee is $452.8 k.

  • Who are Frontier Communications competitors?

    Competitors of Frontier Communications include Liberty Latin America, Sparklight and Hughes Network Systems.

  • Where is Frontier Communications headquarters?

    Frontier Communications headquarters is located at 401 Merritt 7, Norwalk.

  • Where are Frontier Communications offices?

    Frontier Communications has an office in Norwalk.

  • How many offices does Frontier Communications have?

    Frontier Communications has 1 office.