Keyword: Frontier Communications
After a 29-year career, Dan McCarthy has stepped down as Frontier Communications' president and CEO, and has left the company's board of directors.
Frontier Communications is looking to right the ship by hiring a new CEO and restructuring its $17.5 billion debt load, according to Bloomberg.
Frontier Communication was able to pare down in its net loss in the third quarter, but its revenues dropped year over year.
Frontier Communications is looking to rebound from a disappointing second quarter last month by offering a new managed cloud IT service.
The drumbeat of gloom continued during Frontier Communications' second quarter earnings on Tuesday with the company reporting a $5.2 billion loss.
Frontier Communications announced Wednesday that it's selling off assets and operations in Washington, Oregon, Idaho and Montana for $1.35 billion.
Frontier Communications CEO and President Dan McCarthy said at an investor conference his company is bouncing back thanks to several key projects.
LightRiver Software announced Wednesday that former CenturyLink and Level 3 executive Travis Ewert has been hired as its new chief operating officer.
Frontier is offering a cloud-based unified communications-as-a-service (UCaaS) to help businesses migrate their voice services to the cloud.
Frontier Communications asked the FCC for permission to discontinue two legacy services: Busy Verification (BV) and Busy Interrupt (BI).