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, US
Websitefrontier.com
Employee Ratings2.4

Latest Updates

Employees (est.) (Sept 2019)19,100(-3%)
Job Openings518
Revenue (FY, 2018)$8.6 B(-5%)
Share Price (Dec 2019)$0.7 (+4%)

Key People/Management at Frontier Communications

Daniel McCarthy

Daniel McCarthy

President and Chief Executive Officer
Kenneth W. Arndt

Kenneth W. Arndt

Executive Vice President and Chief Operations Officer
Elisa Bannon-Jones

Elisa Bannon-Jones

Executive Vice President and Chief Human Resources Officer
Sheldon Bruha

Sheldon Bruha

Executive Vice President and Chief Financial Officer
Steve Gable

Steve Gable

Executive Vice President and Chief Technology Officer
John Lass

John Lass

Executive Vice President and Chief Transformation Officer
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Frontier Communications Office Locations

Frontier Communications has an office in Norwalk
Norwalk, 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 $8.61 b in FY, 2018 which is a 5.7% decrease from the previous period.
USD

Revenue (Q3, 2019)

2.0b

Gross profit (Q3, 2019)

1.2b

Gross profit margin (Q3, 2019), %

61.4%

Net income (Q3, 2019)

(345.0m)

EBIT (Q3, 2019)

26.0m

Market capitalization (6-Dec-2019)

73.0m

Closing stock price (6-Dec-2019)

0.7

Cash (30-Sept-2019)

683.0m

EV

16.7b
Frontier Communications's current market capitalization is $73 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

8.9b9.1b8.6b

Revenue growth, %

60%3%(6%)

Cost of goods sold

3.4b3.6b3.3b

Gross profit

5.5b5.6b5.3b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

2.4b2.3b2.3b2.2b2.2b2.1b2.1b2.1b2.0b

Cost of goods sold

905.0m885.0m887.0m855.0m847.0m829.0m794.0m763.0m771.0m

Gross profit

1.5b1.4b1.4b1.3b1.3b1.3b1.3b1.3b1.2b

Gross profit Margin, %

62%62%61%61%61%61%62%63%61%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

522.0m362.0m354.0m

Accounts Receivable

938.0m819.0m723.0m

Prepaid Expenses

88.0m78.0m86.0m

Current Assets

1.7b1.3b1.3b
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(373.0m)(1.8b)(643.0m)

Depreciation and Amortization

2.0b2.2b2.0b

Accounts Payable

(22.0m)(315.0m)(141.0m)

Cash From Operating Activities

1.7b1.9b1.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(75.0m)(737.0m)(775.0m)20.0m2.0m(424.0m)(87.0m)(5.4b)(5.7b)

Depreciation and Amortization

579.0m1.1b1.7b505.0m991.0m1.5b484.0m938.0m1.4b

Accounts Payable

(328.0m)(287.0m)(471.0m)(261.0m)(72.0m)(239.0m)(157.0m)(14.0m)(153.0m)

Cash From Operating Activities

300.0m829.0m1.2b251.0m923.0m1.2b282.0m857.0m1.1b
USDY, 2019

EV/EBIT

641.9 x

EV/CFO

15.1 x

EV/FCF

81.4 x

Revenue/Employee

104.6k

Debt/Equity

-4.2 x

Debt/Assets

1 x

Financial Leverage

-4.3 x
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Frontier Communications Operating Metrics

Frontier Communications's Customers was reported to be 4.2 m in Q3, 2019.
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Frontier Communications Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Verizon Wireline OperationsApril 01, 2016$10.50 b
The Southern New England Telephone CompanyOctober 24, 2014
Global Valley NetworksNovember 01, 2007
Commonwealth Telephone Enterprises LLCSeptember 18, 2006$1.30 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: 13.2% from Video Services, 33.1% from Voice Services, 47.1% from Data and Internet Services and 6.6% from Other

Frontier Communications Online and Social Media Presence

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Frontier Communications News and Updates

Frontier Communications Seeking New CEO Ahead of Restructuring

Frontier Communications Seeking New CEO Ahead of Restructuring

Frontier Communications Adds Carbyne's Cutting Edge Next Generation 911 Services to Their Product Offerings

NEW YORK, June 17, 2019 /PRNewswire/ -- Frontier Communications, a leader in providing communications services, announced an agreement with Carbyne, a global leader in Next Generation 911 public safety communications. Under this agreement, Frontier will be offering Carbyne's c-Lite NG911...

Frontier Communications to sell assets and operations in four states for $1.352 billion in cash

Frontier Communications Corp. shares soared 18% Wednesday, after the company said it is selling its operations and associated assets in Washington, Oregon, Idaho, and Montana to WaveDivision Capital LLC and Searchlight Capital Partners LLC for $1.352 billion in cash. The company, a provider of vide…

Thinking about buying stock in Aceto, Canopy Growth Corp., Frontier Communications Corp., Midatech Pharma or Sea Ltd?

NEW YORK, Feb. 28, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACET, CGC, FTR, MTP, and SE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Frontier Communications Blogs

7 Movies to Stream With the Family This Holiday

Grab a blanket and cozy up with the family for a holiday movie marathon. With some more than a half-century old, these family holiday films never go out of style.

Stream These Classic Christmas Specials from Your Favorite TV Series

There’s nothing like watching your favorite TV shows as they celebrate the holidays right along with you. Below are 10 worthwhile Christmas specials from some of the most popular TV series of the past few decades. “Friends: The One with the Holiday Armadillo” Season 7, Episode 10 When Ross’s son Ben…

19 of The Best Yule Log Videos on YouTube

Warm up by the virtual fireplace with these yule logs and fun alternatives.

9 Hallmark Original Christmas Movies to Watch This Year

Hallmark original holiday movies only come once a year, and if you're reading this, you know why we're excited

All 5 “Home Alone” Movies Ranked from Worst to Best

When it comes to Christmas movies, “Home Alone” is a certified classic. Universally beloved, this franchise spans nearly two decades, though you may not realize that there are a total of five — yes, five “Home Alone” movies. It’s the series that gave us Macaulay Culkin’s legendary hands-on-face pose…

5 Tips to Get a Stronger Wi-Fi Signal From Your Router

When Netflix freezes and your Instagram feed won’t reload, where do you put the blame? On the Wi-Fi, of course. Yes, technically it’s working, but is it really working? There are few things more frustrating than an inexplicably weak signal, but we’ve put together a few pointers that can help you get…
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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 Daniel McCarthy, Kenneth W. Arndt and Elisa Bannon-Jones.

  • How many employees does Frontier Communications have?

    Frontier Communications has 19,100 employees.

  • What is Frontier Communications revenue?

    Latest Frontier Communications annual revenue is $8.6 b.

  • What is Frontier Communications revenue per employee?

    Latest Frontier Communications revenue per employee is $450.8 k.

  • Who are Frontier Communications competitors?

    Competitors of Frontier Communications include Gamma Communications, Orange and T-Mobile USA.

  • 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.