Frontier Communications Sets New Course as Telecommunications Technology Company – Business Wire

NORWALK, Conn.–()–Frontier Communications Parent, Inc. (Frontier Communications and, together with its subsidiaries, Frontier) today announced that the Company has successfully completed its financial restructuring process and emerged from Chapter 11. Through this process, Frontier has reduced its debt by approximately $11 billion and annual interest expense by approximately $1 billion. With a recapitalized balance sheet, Frontier is now well-positioned to accelerate its transformation to become a leading telecommunications technology company in the United States through investment in innovation, fiber infrastructure expansion and operational enhancements.

Frontiers emergence from Chapter 11 follows receipt of all nece…

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