OverviewSuggest Edit

Frontier Communications is a provider of telecommunications services. The company offers broadband, video, voice, satellite video, wireless Internet data access, data security solutions, bundled product and service offerings, specialized bundles for small businesses and home offices, and advanced business communications for medium and large businesses. It is focused on providing services predominantly to rural areas and small and medium-sized towns and cities.

TypePublic
Founded1935
HQNorwalk, CT, US
Websitefrontier.com
Employee Ratings2.8
Overall CultureD

Latest Updates

Employees (est.) (Sept 2020)16,302
Job Openings382
Revenue (FY, 2020)$7.2 B(-11%)
Share Price (Apr 2021)$0.3(-3%)
Cybersecurity ratingFMore

Key People/Management at Frontier Communications

Bernard L. Han

Bernard L. Han

President and Chief Executive Officer, Director
Kenneth W. Arndt

Kenneth W. Arndt

Executive Vice President and Chief Operating Officer
Sheldon Bruha

Sheldon Bruha

Executive Vice President and Chief Financial Officer
Steve Gable

Steve Gable

Executive Vice President and Chief Technology Officer
Mark D. Nielsen

Mark D. Nielsen

Executive Vice President and Chief Legal Officer
Pamela D. A. Reeve

Pamela D. A. Reeve

Chairman
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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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Frontier Communications's revenue was reported to be $7.16 b in FY, 2020
USD

Revenue (FY, 2020)

7.2b

Gross profit (FY, 2020)

6.2b

Gross profit margin (FY, 2020), %

86.4%

Net income (FY, 2020)

(402.0m)

EBIT (FY, 2020)

959.0m

Market capitalization (23-Apr-2021)

26.5m

Closing stock price (23-Apr-2021)

0.3

Cash (31-Dec-2020)

1.8b

EV

4.0b
Frontier Communications's current market capitalization is $26.5 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

9.1b8.6b8.1b7.2b

Revenue growth, %

3%(6%)(6%)

Cost of goods sold

3.6b3.3b3.1b975.0m

Gross profit

5.6b5.3b5.1b6.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.2b2.2b2.1b2.1b2.1b2.0b1.9b1.8b1.7b

Cost of goods sold

855.0m847.0m829.0m794.0m763.0m771.0m730.0m685.0m657.0m

Gross profit

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

Gross profit Margin, %

61%61%61%62%63%61%62%62%62%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

362.0m354.0m760.0m1.8b

Accounts Receivable

819.0m723.0m629.0m553.0m

Prepaid Expenses

78.0m86.0m89.0m90.0m

Current Assets

1.3b1.3b3.0b2.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

201.0m384.0m238.0m119.0m267.0m683.0m941.0m2.3b1.8b

Accounts Receivable

778.0m751.0m744.0m715.0m674.0m654.0m596.0m602.0m562.0m

Prepaid Expenses

78.0m90.0m95.0m104.0m106.0m110.0m98.0m147.0m105.0m

Current Assets

1.2b1.4b1.3b1.1b2.6b3.0b3.2b3.2b2.6b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(1.8b)(643.0m)(5.9b)(402.0m)

Depreciation and Amortization

2.2b2.0b1.8b1.6b

Accounts Payable

(315.0m)(141.0m)(122.0m)342.0m

Cash From Operating Activities

1.9b1.8b1.5b2.0b
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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: 13.0% from Video Services, 32.3% from Voice Services, 48.5% from Data and Internet Services and 6.2% from Other

Frontier Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

F

49/100

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

    D

    57/100

  • CEO Rating

    F

    49/100

  • Compensation

    C

    60/100

  • Diversity

    D

    57/100

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Frontier Communications News and Updates

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 …

Judge green lights Frontier's bankruptcy exit financing

Frontier Communications received a judge's stamp of approval for its bankruptcy exit financing on Wednesday. In the U.S. Bankruptcy Court for the Southern District of New York, Judge Robert Drain approved Frontier's bankruptcy exit financing after the motion was unopposed by other stakeholders.

Frontier Taps Former Verizon Executive to Lead Telecom Out of Bankruptcy

Frontier Communications Corp. named John Stratton as its executive chairman, tapping a longtime telecom operator to lead the internet provider as it looks to win back customers’ trust after bankruptcy.

Frontier Communications Restructuring Plan Confirmed by Court

Frontier Communications Corporation today announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed the Company’s Plan of Reorganization, subject to final documentation. Upon emergence, the Company will have reduced its total outstanding indebtedness by more than $…

Frontier Communications Seeking New CEO Ahead of Restructuring

Frontier Communications Seeking New CEO Ahead of Restructuring
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Frontier Communications Blogs

Top 12 Reality Shows on Netflix to Watch Right Now

As temperatures begin to climb, so too does our collective desire for reality TV—easy-to-watch shows that span various topics, from romance to cooking to fashion. Netflix has released a tremendous amount of reality series of late, so we’ve waded through and picked the 12 most entertaining for you. D…

All the New Movies You Can Stream from Home

There’s nothing quite like the experience of sitting down in a packed theater on opening night, popcorn and drink in hand. But while we aren’t able to have this experience right now, film studios are well aware that, perhaps now more than ever, we need movies. To that end, these studios are releasin…

The Difference Between Upload and Download Speeds: Why It Matters

When you’re online, you do two things: send data and receive data. Sending is called uploading, and receiving is called downloading. So when you shop for an internet service provider, the speed you’re buying is the rate at which you will be able to perform the tasks you want to complete. To choose t…

Upload vs. Download Speed: What Matters

When you’re online, you do two things: send data and receive data. Sending is called uploading, and receiving is called downloading. So when you shop for an internet service provider, the speed you’re buying is the rate at which you will be able to perform the tasks you want to complete. To choose t…

3 Smart Home Devices that Will Change the Way you Live

Thinking about maybe having a smart home? You’ve heard about all the things you can do—turn on your lights, kick up your speakers, set your thermostat, see what’s on TV. All conveniences, but not life changing. We think home security devices are really worth going smart. We’ve picked 3 that will mak…

What Kind of Digital Footprint Are You Leaving Behind?

Every single time you go online, you drop bits of information about yourself, and there are a lot of third parties who pick it up and act on it. This is not entirely bad news. Your digital breadcrumbs help you shop online, log onto favorite sites faster, and more to help personalize your experience.…
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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 Bernard L. Han, Kenneth W. Arndt and Sheldon Bruha.

  • How many employees does Frontier Communications have?

    Frontier Communications has 16,302 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 $438.9 k.

  • Who are Frontier Communications competitors?

    Competitors of Frontier Communications include Proximus, Hughes Network Systems and Verizon.

  • 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.