Frontier Communications CEO Maggie Wilderotter is going to step down as CEO and is transitioning to an executive chair role in April. Taking over the CEO role is Dan McCarthy, who currently serves as Frontier's president and COO.
Broadband services provider Frontier Communications has struck a deal with TiVo to market the DVR maker's Roamio OTA set-top to its high-speed Internet customers.
Frontier Communications enhanced its video service capabilities when it purchased AT&T's Connecticut operations, a deal that gave it the telco's U-verse platform, but for now the telco has no immediate plans to expand it into new markets anytime soon.
Arris reported a 6 percent rise in fourth quarter revenue to $1.26 billion, beating analysts' consensus forecast. However, during the telecom technology giant's Q4 earnings call Wednesday, news of its fourth-quarter performance took second stage to what the company predicts will be a very down-and-up 2015.
Level 3 Communications' acquisition of tw telecom continues to have a rippling effect as it has enabled the service provider to surpass Verizon for the No. 2 spot in Vertical Systems Group's 2014 U.S. Carrier Ethernet Leaderboard.
Verizon is realigning its top management team by reassigning its Verizon Wireless chief Dan Mead to a new role as executive vice president and president of Strategic Initiatives with a focus on overseeing the sale of its wireline properties in California, Florida and Texas to Frontier Communications.
Frontier Communications has completed the first phase of its network upgrade in eastern Washington and northern Idaho as part of a broader effort to increase broadband speeds in both regions.
Frontier Communications may be another traditional wireline telco that has to abide by a host of FCC rules, including the move to reclassify broadband under Title II of the Telecom Act of 1996, but that's just fine for CEO Maggie Wilderotter.
By purchasing $10.5 billion in wireline assets from Verizon, Frontier Communications scales its fiber-to-the-home FiOS footprint from four to seven states. Out of the 2.2 million broadband subscribers it gains, 1.6 million are FiOS broadband customers.
Verizon has made it official today that it is selling off wireline assets in three states to Frontier Communications for $10.5 billion. In a separate deal, Verizon is also selling over 11,300 of its company-owned wireless towers to American Tower Corporation for $5 billion.