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Frontier Communications Corp FTRCQ

Communication Services
Frontier Communications Corp is a provider of communications services for consumer and commercial customers in the United States. The portfolio of its services includes Data and Internet services, Video services, Voice services including both the regulated and unregulated voices, Access services, and Advanced Hardware and Network Solutions.


OTCPK:FTRCQ - Post by User

Frontier Communications Corp
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Comment by scissors14on Sep 03, 2014 10:15pm
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Post# 22904023

RE:Surprised nobody is here.

RE:Surprised nobody is here.Citing AT&T deal risk and industry challenges, Morgan Stanley has downgraded Frontier (FTR -1.2%) to Underweight. Its target is $5.20. The downgrade comes a month after Frontier posted a Q2 report featuring light subscriber figures. Separately, Frontier has announced it's selling $1.55B worth of senior notes - $775M are due in 2021, and an equal amount in 2024. The proceeds will be used to help finance the AT&T deal. Frontier had $7.9B in debt as of June 30, and $805M in cash.
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Dealroom for high-potential pre-IPO opportunities