frontier communications wv bill pay

Problems with your TV signal, phone issues or is internet down? @Fyoochur629 @FrontierCorp I paid my bill in FULL & my internet has been acting up. With a myFRONTIER account you can save your booking details, including passenger, payment and travel preferences and information. IT'S FREE. NORWALK, Conn.— Frontier Communications announced Friday that it will hire 100 new employees in West Virginia by the end of 2021.

Frontier communications wv bill pay -

Concerns raised on Frontier

CHARLESTON — The West Virginia Public Service Commission could approve Frontier Communication’s bankruptcy reorganization plan next month, though Frontier plans to use its winning bid of federal rural broadband dollars to sweeten the deal, raising concerns.

Last Friday, the PSC made available the joint stipulation and settlement agreement between Frontier, PSC staff, and PSC Consumer Advocate Division, and the Communication Workers of America union. If approved by the full commission on Jan. 19, West Virginia would be the 11th state to accept Frontier’s bankruptcy reorganization plan.

According to the proposed agreement, Frontier’s operations in West Virginia would be known as “InvestCo.” As part of the designation, Frontier agreed to voluntarily deploy gigabit broadband services to no less than 150,000 locations in West Virginia by Dec. 31, 2027.

The locations will allow Frontier to deploy fiber to homes and businesses when people subscribe, also called FTTP. Frontier set a goal of FTTP broadband deployment to 75,000 locations three years after they emerge from bankruptcy, which is expected in early 2021.

“Frontier is pleased to have worked collaboratively with West Virginia Public Service Commission staff, the Consumer Advocate Division, and the Communications Workers of America to create a settlement agreement that affirms our commitment to serve West Virginia and brings significant benefits to our customers and the state,” said Allison Ellis, senior vice president of regulatory and government affairs for Frontier Communications.

On page four of the proposed settlement, Frontier said projects part of the Federal Communication Commission’s Rural Digital Opportunity Fund auction would count towards their FTTP goal. Frontier was one of nine companies selected earlier this month to expand high-speed internet to unserved parts of West Virginia.

Combined, these companies will receive $362.1 million through the auction for projects in 119,267 Census tracts. Frontier was the largest recipient of RDOF dollars, winning $247.6 million.

“The FTTP locations to fulfill this commitment may include any locations awarded to Frontier pursuant to the Federal Communication’s Rural Digital Opportunity Fund,” according to the proposed settlement. “As soon as practicable after February 1, 2021, but subject to Federal Communications Commission disclosure limitations, Frontier agrees to provide its West Virginia RDOF bidding information to the parties on a confidential basis.”

State and federal lawmakers have raised concerns about Frontier’s winning bid in the RDOF auction based on previous experience with the phone and internet provider. Members of the West Virginia Senate and the House of Delegate’s Technology and Infrastructure Committee — a bipartisan group — wrote separate letters to the FCC last week asking for the federal agencies to closely scrutinize the Frontier RDOF bid. The letters are similar to a letter to the FCC sent two weeks ago by U.S. Sen. Shelley Moore Capito, R-W.Va.

Del. Daniel Linville, R-Cabell, is the new chairman of the House Technology and Infrastructure Committee and a member of the West Virginia Broadband Enhancement Council. He said he is concerned about Frontier repeating the mistakes of the past.

“It is tremendously important that all West Virginians have access to reliable high-speed broadband internet service.,” Linville said. “As Frontier works to emerge from bankruptcy, it is of the utmost importance that any settlements include accountability measures to ensure performance.

“Fiber to the premises for tens of thousands more West Virginians — beyond those included in the Rural Digital Opportunity Fund — is something we all would favor,” Linville continued. “If any settlement is approved by the Public Service Commission, I hope they will include the measures necessary to make sure Frontier keeps its promises.”

In 2009, the state applied for a $126 million stimulus grant through the Broadband Technology Opportunities Program for broadband expansion in West Virginia. Frontier, the sub-recipient of the grant, was supposed to build middle-mile fiber connections and allow competitors to also access these lines at lower rates.

Frontier was accused by the Inspector General’s Office for the U.S. Department of Commerce for marking up invoices to the state by as much as 35 percent and charging the state millions in indirect costs that were not allowable. The West Virginia Legislature passed Senate Bill 1026 last year to move $4.6 million from the West Virginia Treasurer’s Office unclaimed property line item to the state general fund to repay the federal government.

A lawsuit was brought in 2014 by Bridgeport-based Citynet — also a winning bidder in the RDOF Phase I auction — accusing Frontier of allegedly misusing $40.5 million in federal grant funding to build a statewide broadband network only benefiting Frontier. That lawsuit is ongoing.

Frontier filed for Chapter 11 bankruptcy in April in an effort to reorganize $10 billion in debt and $1 billion in interest expenses. In a PSC order dated Aug. 30, 2018, Frontier was required to undergo an audit after the CWA filed a complaint seeking a review of Frontier’s copper network and infrastructure, as well as revenue since acquiring Verizon Inc. in 2010. A order in the case will be released in the near future.

“We look forward to a prompt approval of our application by the PSC so that Frontier can move forward in successfully completing its Chapter 11 restructuring and get to work on delivering services and creating benefits for West Virginia and our customers,” Ellis said.

A spokesperson for the PSC said there would be no comment until after the commission meets Jan. 19 and makes a decision to accept the proposed settlement or not, issuing an order on the case.

(Adams can be contacted at [email protected])

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Источник: https://www.weirtondailytimes.com/news/local-news/2020/12/concerns-raised-on-frontier/

Frontier Communications

American communication company

Frontier Communications Corporation logo 2016.svg
Frontier Communications headquarters.jpg

Frontier Communications former headquarters in Stamford, Connecticut

FormerlyCitizens Utilities Company
Citizens Communications Company
TypePublic

Traded as

Nasdaq:FYBR
IndustryTelecommunications
PredecessorPublic Utilities Consolidated Corporation
Founded1935[1]
Headquarters

Norwalk, Connecticut

,

U.S.

Key people

Nick Jeffery (CEO)[2]
Sheldon Bruha (Executive Vice President & CFO)[3]
ServicesLocal and long-distance telephone service, Internet access, wireless Internet access, digital phone, DISH satellite TV, fiber-optic Internet, fiber-optic television
RevenueDecreaseUS$7.155 billion(2020)[4]

Operating income

IncreaseUS$0.959 billion(2020)[4]

Net income

IncreaseUS$−0.402 billion(2020)[4]
Total assetsDecreaseUS$16.795 billion(2020)[4]
Total equityDecreaseUS$−4.900 billion(2020)[4]

Number of employees

16,200 (2020)[4]
Subsidiaries
Websitefrontier.comEdit this at Wikidata

Frontier Communications Corporation (known as Citizens Utilities Company until May 2000 and Citizens Communications Company until July 31, 2008) is an American telecommunications company. The company previously served primarily rural areas and smaller communities, but now also serves several large metropolitan markets.

In addition to local and long-distance telephone service, Frontier offers broadband Internet, digital television service, and computer technical support to residential and business customers in 29 states in the United States.[5] Frontier has 3,069,000 broadband internet subscribers and 485,000 video subscribers.[4] The company filed for bankruptcy in April 2020.

History[edit]

Originally based in Minneapolis, Citizens Utilities Company was formed from remnants of Public Utilities Consolidated Corporation, owned by Wilbur B. Foshay, in 1935. As the post-war years started, the company caught the interest of a New York investor. Thirty-year-old Richard Rosenthal was named president of the company in 1946, the youngest company president in the industry at that time. From the 1950s through the 1970s the company expanded nationwide.[6]

Telephone line acquisitions[edit]

Citizens Utilities began a rapid expansion in 1993, announcing an agreement to acquire 500,000 rural access lines from GTE. In December 1993, it acquired 190,000 lines in four states, Idaho, Tennessee, West Virginia and Utah. Coghest Frontier of DGF City East/West & Contel of the West lines in Utah became part of Citizens Telecommunications of Utah. GTE Northwest lines in Idaho become part of Citizens Telecommunications Company of Idaho. GTE South lines in Tennessee became part of Citizens Telecommunications Company of Tennessee, while lines in West Virginia became part of Citizens Telecommunications Company of West Virginia.

In June 1994, it completed the acquisition of 270,000 lines, formerly part of Contel of New York, which became part of Citizens Telecommunications Company of New York. In November that year, Citizens acquired 38,000 lines. Lines in Arizona, formerly part of Contel of the West, became part of Citizens Telecommunications Company of the White Mountains, while lines in Montana became part of Citizens Telecommunications Company of Montana.

In January 1995, the company acquired 5,000 access lines in California.[7] These lines became a part of Citizens Telecommunications Company of California.[8]

Citizens, in 1994, announced that it would acquire 117,000 telephone lines and cable franchises in eight states from Alltel for $292 million. On June 30, 1995, it acquired two operating companies from Alltel.[9] One of them was in Oregon and merged into Citizens' existing company there. The other, Mountain State Telephone, was in West Virginia and was renamed Citizens Mountain State Telephone. Citizens Mountain State Telephone later absorbed the former GTE operations and took on the Citizens Telecommunications name. On September 30, Citizens completed the acquisition of Alltel's lines in Tennessee, which became a part of Citizens Telecommunications Company of the Volunteer State. On October 31, it completed the acquisition from Alltel of Navajo Communications, which operates lines for the Navajo community in Arizona, California, and New Mexico.

On January 2, 1996, Citizens acquired 3,600 lines in Pennsylvania and 20,000 lines in California from Alltel. On April 1 that year, it acquired Alltel Nevada, which included 23,000 telephone lines.[10] The company was renamed Citizens Telecommunications Company of Nevada.

Citizens acquired Ogden Telephone in 1997.

In 1999, Citizens announced that it planned to acquire 187,000 local access lines from GTE for $664 million in Illinois, Minnesota, Nebraska, and North Dakota. The sales were closed following the merger of GTE and Bell Atlantic to form Verizon.

Lines in Nebraska were split from GTE Midwest to become a part of Citizens Telecommunications Company of Nebraska. Lines in North Dakota were split. Some became part of Citizens of Montana while the rest joined with lines formerly part of Contel of Minnesota to become part of Citizens Telecommunications Company of Minnesota. Lines in Illinois became a part of Citizens Telecommunications Company of Illinois.

Proposed acquisition of US West lines[edit]

Citizens, in 1999, announced plans to acquire 530,000 rural access lines from US West, a Baby Bell, for $1.65 billion.[11] The sale would not have included US West Dex directories in those territories.

In 2001, Qwest, which acquired US West in 2000, terminated the sale because Citizens refused to complete the transaction.[12]

Utility sales[edit]

Citizens sold its non-telephone divisions in the late 1990s and early 2000s. The following divisions were sold:

Global Crossing and Commonwealth transactions[edit]

Frontier logo, 1995-2016

Citizens Communications acquired the Frontier name and local exchange properties from Bermuda-based Global Crossing in 2001. Global Crossing acquired the local exchange properties in 1999 when it purchased Frontier Corporation, originally Rochester Telephone Corporation.

Citizens acquired the operations from Global Crossing North America for $3.65 billion. The companies included in the acquisition included Frontier incumbent local exchange carrier (ILEC) companies in New York as well as Frontier Subsidiary Telco, which included all Global Crossing North America ILEC operations located outside of New York, Frontier Communications of America, a long-distance provider, and Frontier Communications of Rochester, a competitive local exchange carrier (CLEC).[20] The acquisition was completed in June 2001.

In 2006, Citizens acquired Commonwealth Telephone, a Pennsylvania telephone company.[21]

Name changes[edit]

Citizens Communications stockholders approved changing the corporate name to Frontier Communications Corporation at the annual meeting on May 15, 2008. The name change became effective on July 31, 2008, and the company's stock symbol on the New York Stock Exchange changed from "CZN" to "FTR". On December 2, 2011, Frontier announced trading of its stock would move from the New York Stock Exchange to the NASDAQ stock exchange. The stock began trading under the same "FTR" symbol on the NASDAQ exchange at the start of the December 16, 2011, trading day.[22][23][24]

Purchase of Verizon lines[edit]

In May 2009, Frontier announced that it would acquire Verizon Communications' landline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia, and Wisconsin for $8.6 billion. Verizon had been in the process of divesting its landlines in an effort to focus more on its broadband and wireless businesses.[25]

In all states other than West Virginia, this takeover primarily involved rural exchanges that were formerly a part of the GTE system when Verizon Communications was formed by the merger of Bell Atlantic and GTE. However, in West Virginia, Frontier acquired Verizon West Virginia, formerly The Chesapeake and Potomac Telephone Company of West Virginia, a former Bell System unit. When combined with its existing subsidiary Citizens Telecommunications Company of West Virginia, Frontier became the incumbent local exchange carrier (or ILEC) telephone company for all but five exchanges in the entire state. The transition was finalized on July 1, 2010; in some states, Frontier was required not to raise rates, and in others, broadband access was to be expanded. Ninety-two percent of people in Frontier's existing service area had access to broadband, while just 65 percent did in the newly acquired areas, with a goal to reach 85 percent in three years.[26]

On February 5, 2015, Frontier announced that it would acquire Verizon's wireline assets in California, Florida and Texas for $10.5 billion.[27]

Purchase of AT&T lines[edit]

On October 24, 2014, Frontier closed its acquisition of AT&T's wireline, DSL, U-verse video and satellite TV businesses in Connecticut. The deal included the wireline subsidiaries Southern New England Telephone and SNET America and consumer, business and wholesale customer relationships.[28]

Sale of northwest assets[edit]

On May 29, 2019, Frontier announced that it had agreed to sell its operations in Idaho, Montana, Oregon, and Washington to WaveDivision Capital (led by former Wave Broadband CEO Steve Weed) and Searchlight Capital Partners for $1.352 billion.[29] In 2020, WaveDivision Capital revealed the acquired operations will be named Ziply Fiber.[30]

Ziply Fiber finalized acquisition of Frontier Communications' Northwest operations on May 1, 2020. The acquisition now serves customers across Washington state, Oregon, Idaho and Montana.[31]

Bankruptcy[edit]

In February 2018, Frontier started with an 8 percent year-over-year decline in revenue, outpacing attempts to cut costs. The ratio of operating income to sales in Q1 dropped from 16.1 percent to just 14.1 percent in the next year. In January 2020, Bloomberg News reported that Frontier was "asking creditors to help craft a turnaround deal that includes filing for bankruptcy by the middle of March", amidst declining revenue.[32] On April 14, 2020, Frontier Communications filed for bankruptcy.[33] As currently filed, the restructuring plan would wipe out current shareholders, who've already lost more than 90 percent this year alone.[34] Frontier went public again on May 4th, 2021 at $30.00 a share, with FYBR as its trading symbol on NASDAQ.[citation needed]

Fiber optic and Internet services[edit]

Frontier FiOS[edit]

Main article: FiOS from Frontier

In addition to the purchase of copper lines from Verizon, over time Frontier also acquired the fiber-optic system built by Verizon primarily in Fort Wayne, Indiana, around Portland, Oregon, the Tampa Bay Area of Florida, Southern California, some eastern suburbs of Seattle, Washington, the Dallas-Fort Worth Metroplex, and the Greenville area in South Carolina.[35] The company kept the name "FiOS" for the fiber systems and licenses it acquired from Verizon.

The initial transition was rocky, with Frontier initially claiming that it had no plans for changes after the transition, but later attempted to institute a $500 installation fee for new television subscribers, backed out of franchise agreements in some cities in Oregon, and increased rates by 50% in Indiana.[36][37][38] Frontier later retracted the rate increases and installation fee, but has not reclaimed franchises in the cities that it relinquished and not before losing FiOS TV subscribers.[39]

Frontier FiOS service in most markets operates on the same technology and software as the Verizon FiOS system.

Frontier DSL Broadband[edit]

In parts of upstate New York and other rural markets Frontier offers only DSL internet service to its customers using traditional copper wires. PC Magazine's annual survey of ISP customer satisfaction regularly lists Frontier's DSL service at or near the bottom in terms of "Overall Satisfaction"; other outlets, including Consumer Affairs, report similar general sentiments from customers regarding Frontier DSL.[40][41][42]

Criticism[edit]

West Virginia DSL speeds[edit]

In 2015, Frontier agreed to a settlement in West Virginia, over a class-action lawsuit alleging that the company's DSL services in the region did not meet the advertised speeds (such as advertising 6 Mbit/s but only delivering 1.5). The company committed to spending at least $150 million on improving its broadband infrastructure in the region, and promised to discount users who were affected by this.[43][44]

Service fees[edit]

All Frontier FiOS subscribers are charged a fee of $10 for renting a router, even if they have installed their own router, or bought one outright from Verizon prior to the acquisition of their market's operations by Frontier. The company argued that these fees are necessary in order to cover the additional costs of supporting equipment that is not provisioned by Frontier itself.[45]

[edit]

Frontier purchased the naming rights to venues including:

States[edit]

  • Alabama
  • Arizona
  • California
  • Connecticut
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Michigan
  • Minnesota
  • Nebraska
  • Nevada
  • New York
  • North Carolina
  • Ohio
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • West Virginia
  • Wisconsin
  • Washington

Former CEOs[edit]

See also[edit]

References[edit]

  1. ^Hoover's. "Frontier Communications Corporation". Company profiles. Austin, Texas. Archived from the original on 2013-01-25. Retrieved 2011-03-28. Alt URL
  2. ^"Form 8-K Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers". sec.gov. Retrieved 3 May 2021.
  3. ^"Frontier Appoints Sheldon Bruha Permanent Chief Financial Officer". businesswire.com. Retrieved 7 June 2019.
  4. ^ abcdefg"Frontier Communications Corporation 2020 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. March 2021.
  5. ^"Service Regions". Frontier Communications. Retrieved 23 June 2019.
  6. ^"Citizens Utilities Company History". FundingUniverse. Retrieved May 9, 2017.
  7. ^(1994-12-30). "Citizens Utilities acquires telephone properties in California"Business Wire. Retrieved 2012-04-28.
  8. ^Citizens Telecommunications Company of California FCC Corporate History. Retrieved 2012-04-28.
  9. ^(1995-06-30)."Citizens Utilities acquires Alltel properties in West Virginia and Oregon"Business Wire. Retrieved 2012-04-28.
  10. ^(1996-04-01) "Citizens Utilities Acquires Alltel's Nevada Properties"Business Wire. Retrieved 2012-04-28.
  11. ^"Citizens Utilities in $1.65 billion deal with US West". The New York Times. 1999-06-18. Retrieved 2012-04-28.
  12. ^(2001-07-21). "Qwest cancels deal to sell phone lines"Archived 2013-06-12 at the Wayback MachineBrainerd Dispatch. Retrieved 2012-04-28.
  13. ^"Atmos Picks Up Citizens' Louisiana Distribution Assets". naturalgasintel.com.
  14. ^"American Water Works Company Completes Acquisition of Citizens Utilities Water and Wastewater Assets". wwdmag.com.
  15. ^"Kinder Morgan to buy Citizens' Colorado gas division". Denver Business Journal.
  16. ^"Gas Company sold in $115 million deal". Honolulu Star-Bulletin Business.
  17. ^"Az. utility deal means 21-22% rate increases". Tucson Citizen.
  18. ^Administrator. "Vermont Electric Coop, About Us, About VT Electric Coop, Vermont Electric Cooperative History". Vermont Electric Coop.
  19. ^"American Public Power Association - Overview of Investor-Owned Utilities". American Public Power Association. Archived from the original on 2015-02-27. Retrieved 2015-02-27.
  20. ^"State of New York Public Service Commission, April 25, 2001"(PDF). Archived from the original(PDF) on 21 May 2004. Retrieved 21 December 2020.
  21. ^Foster, J. Kyle; van de Hoef, Marcel. "Citizens Communications to Buy Commonwealth Telephone (Update5)". Bloomberg. Retrieved 2015-05-13.
  22. ^"Company press release". Phx.corporate-ir.net. Retrieved 2012-09-04.
  23. ^"Citizens Communications Company Changes Name to Frontier Communications Corporation... (Press Release)". Reuters.com. Archived from the original on 2015-06-02. Retrieved 2012-09-04.
  24. ^"News Releases". Phx.corporate-ir.net. Jul 31, 2008. Retrieved 2012-05-15.
  25. ^Hansell, Saul (2009-05-13). "Frontier to Buy Verizon Lines for $8.5 Billion". The New York Times. ISSN 0362-4331. Retrieved 2019-07-03.
  26. ^Murawski, John (2010-07-01). "Frontier phone switch starts". The News & Observer. Archived from the original on 2010-07-04. Retrieved 2010-07-01.
  27. ^"Frontier acquires Verizon wireline assets in 3 states for $10.5B". FierceTelecom. Retrieved 2019-07-03.
  28. ^"Frontier Communications to Acquire AT&T's Wireline Residential and Business Services and Associated Assets in Connecticut". Archived from the original on 21 December 2013. Retrieved 17 December 2013.
  29. ^Benjamin, Romano (May 29, 2019). "Northwest broadband investors buy regional Frontier Communications assets serving 350,000 customers". Seattle Times. Retrieved 23 June 2019.
  30. ^"Born from $1.35B deal with Frontier, new internet provider Ziply Fiber gears up for launch". GeekWire. 17 March 2020. Retrieved 21 December 2020.
  31. ^"Ziply Fiber completes acquisition of Frontier". bizjournals.com. May 1, 2020.
  32. ^Brodkin, Jon (2020-01-20). "Frontier, an ISP in 29 states, plans to file for bankruptcy". Ars Technica. Retrieved 2020-01-22.
  33. ^"Frontier Communications files for bankruptcy protection". Reuters. 2020-04-15. Retrieved 2020-04-15.
  34. ^Conrad, Roger (2020-05-22). "Frontier Communications: Chapter 11 Is No Protection". Forbes.
  35. ^Butcher, Rob (2010-07-01). "Goodbye Verizon FiOS, Hello Frontier Communications". Kirkland Views. Archived from the original on 2016-03-10.
  36. ^"Frontier: No Changes For FiOS, DirecTV Customers For 9-12 Months - 2009-05-14 18:26:00 | Multichannel News". Multichannel.com. Retrieved 2012-05-15.
  37. ^"News and information for McMinnville and Yamhill Valley, Oregon - wine country newspaper". NewsRegister.com. Retrieved 2012-05-15.
  38. ^"Frontier plans substantial rate hike for FIOS TV". Wane.com. Archived from the original on 2013-05-23. Retrieved 2012-05-15.
  39. ^"Updated: Frontier's Fiber Mess: Company Losing FiOS Subs, Landline Customers, But Adds Bonded DSL". Stop the Cap!. 2011-08-16. Retrieved 2012-05-15.
  40. ^"Frontier Communications". ConsumerAffairs. Retrieved 2016-01-01.
  41. ^Gottesman, Ben Z. (May 28, 2019). "Readers' Choice Awards 2019: Internet Service Providers (ISPs)". PCMAG. Retrieved 19 September 2019.
  42. ^"Frontier Internet Review". Cord Cutting. Retrieved 2016-08-11.
  43. ^"Frontier to pay $150M to West Virginia to settle lawsuit over broadband speed". FierceTelecom. Retrieved 2019-07-03.
  44. ^Johnson, Shauna (2015-12-11). "Frontier responds to $160M settlement over slower-than-advertised internet speeds". West Virginia Metro News. Retrieved 2016-04-14.
  45. ^Brodkin, Jon (2019-07-02). "Frontier customer bought his own router—but has to pay $10 rental fee anyway". Ars Technica. Retrieved 2019-07-03.
  46. ^"Ice arena to be named for Frontier Communications - Spokesman.com - Sept. 22, 2011". Spokesman.com.
  47. ^ abRobuck, Mike (December 4, 2019). "Frontier CEO McCarthy steps down; Han named as new CEO and president". FierceTelecom. Retrieved December 21, 2020.

External links[edit]

Источник: https://en.wikipedia.org/wiki/Frontier_Communications

Where Can You Pay Your Frontier Bill In Person?

Bill payments are a nuisance and we all can’t hate the idea enough. We have been at the point where it’s a whole load of bills piled up to be cleared. Every single one of them with separate instructions of payments and clearances, it’s all a mess! Even dreadful are the times when none of the online options are working and you have to find a place to go and pay your bills. Well, in that case, Frontier Communications ensures that the process is as convenient as it should be for its subscribers. Frontier offers two different types of physical payment facilities.

1. Bill Payment via Authorized Agents

2. Bill Payment at Frontier Retail Stores

Let’s dive into the details of the process for each of these:

Payment via Authorized Agents:

Find out the authorized agent for Frontier’s walk-in payments here. Just enter your zip code and the desired search radius, click submit and the redirected page will display a list of all the authorized agents available in that area or the closest nearby region.

Note that the authorized agents charge an extra $1.50 in the name of the service fee on top of your bill payment amount. You may choose to pay in cash, pay order, or check, whichever is convenient for you. Don’t worry if the payment clearance is not reflected in your Frontier account, instantly. The system takes 1 business day to update the said information. Check back after 24 hours. In case it isn’t updated, simply contact Frontier customer service and a representative will be happy to explain the discrepancy.

Payment via Frontier Retail Stores:

This one is a rather simple method of payment. All you have to do is locate the nearest Frontier retail store. Some of the retailers charge a fee for the service while others do it for absolutely no charges. You may find out the details at the store. You can make the payment in cash, a cheque, or money order. As in the case of payment at authorized billing agents, your payment clearance will be updated on your Frontier account in one business day.

Besides, you can always fall back to Frontier customer support in case of a query and a 24/7 available representative will be happy to assist you.

Источник: https://www.localcabledeals.com/blog/pay-frontier-bill-in-person

Frontier’s Bankruptcy: What Does it Mean for Customers?

What is bankruptcy?

If you’ve ever played Monopoly or watched Wheel of Fortune, bankruptcy might seem like the end of the line for a business. Fortunately, this isn’t usually the case. Bankruptcy occurs when a company can no longer pay its debts. There are several kinds of bankruptcy (the kind where an entire business is liquidated is Chapter 7), but the kind that Frontier filed for is known as Chapter 11 bankruptcy.

Chapter 11 is probably the most complicated form of bankruptcy, which involves the courts restructuring the company’s debts and obligations so that those who are owed money can be paid back. Companies who file for bankruptcy can usually stay open and keep running. In fact, continuing normal operations is often a central part of the court’s plan for getting the company to pay back its debtors, which is also good news for customers.

Although Bankruptcy can be the end of the road and often means selling off assets, companies can bounce back and even emerge stronger than they were before. Some examples of successful companies that once went bankrupt include GM, Chrysler, and Marvel Entertainment (before they started making movies). American Airlines, Delta, and United have also all filed for bankruptcy at one point in time.

Источник: https://www.highspeedinternet.com/resources/frontier-bankruptcy

Multi-Device Security covers up to 10 devices. Must order new Frontier Internet service to receive $6 off monthly charge.


For new residential Frontier Internet customers only. Requires Auto Pay or $5/mo fee applies. Effective January 2022, paper bill extra $2.99/mo, NY and select customers excluded. Max speeds are wired. Wi-Fi, actual & average speeds vary. Performance details: frontier.com/internetdisclosures. Activation ($85) and other applicable charges, add’l services and taxes are extra & subject to change during & after the promo period. A $10 fee applies when Internet is disconnected. Equipment return required at disconnection, up to $100 per device if not returned. Unlimited Digital Voice requires Internet service to function. To retain voice service upon Internet cancellation, customer must request change to Unlimited Voice (non-Digital) service at standard monthly rate. Your Frontier digital voice phone service, including 911 service, requires electrical or battery backup power to function. During a power outage, you may not be able to make calls, including to 911, without backup power for the Residential Gateway (RG) and/or the Optical Network Terminal (ONT), or an alternate means of calling. Optional Battery backup can be purchased separately at frontier.com/batterybackup. Service subject to availability. Cannot be combined with other offers. Other restrictions, Frontier policies and service terms apply.

Источник: https://www.frontierbundles.com/

Verizon sells landlines in 14 states to Frontier in $8.6B deal

ByUSA Today

May 13, 2009, 1:21 PM

• 2 min read

NEW YORK -- Verizon Communications vz says it has reached a deal to shed its traditional telephone line business in 14 states in a deal worth $8.6 billion.

Frontier Communications ftr, based in Stamford, Conn., will be taking over the Verizon assets in an all-stock deal, the companies say.

The deal will triple Frontier's size and make it the nation's largest communications provider focused on providing voice, broadband and video services to rural markets and smaller cities.

Verizon said divesting the landlines will help it focus on its broadband, wireless and Internet businesses.

Maggie Wilderotter, Frontier's chairman and chief executive, said, "This is a truly transformational transaction for Frontier. With more than 7 million access lines in 27 states ... (we are) "confident that we can dramatically accelerate the penetration of broadband in these new markets. "

Under the deal, Verizon will create a separate company for the assets being sold. That company will simultaneously be spun off to shareholders and merged with Frontier. It will carry $3.3 billion of debt that will be assumed by Frontier.

The transaction is expected to close within 12 months, the companies said.

The deal gives Frontier 4.8 million access lines to residential and small business customers.

The deal includes Verizon's wireline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia and Wisconsin as well as some assets in California.

In its press release, Verizons says, "As of year-end 2008, these operations served approximately ... 2.2 million long-distance customers; 1.0 million high-speed data customers, including approximately 110,000 FiOS Internet customers; and 69,000 FiOS TV customers."

Not included in the Frontier deal are Verizon's wireline operations in Connecticut, Delaware, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas, Virginia and most of California.

Frontier says it expects to save $500 million annually, by leveraging existing networks and infrastructure. About 11,000 Verizon employees who support the landlines will move to Frontier with union contracts intact, Verizon said.


ABC News
Источник: https://abcnews.go.com/Business/story?id=7574975&page=1

Frontier Communications Deals and Promotions

Best Frontier Internet Deals Right Now

Frontier’s internet service offers overall great value plans in the form of superfast fiber-optic and old-but-still-good DSL internet. For a limited time, Frontier offers $700 in stocking stuffers, including:

  • $200 Visa Rewards Card
  • Amazon’s eero Pro 6 whole-home Wi-Fi system
  • Waived activation fee
  • Three-year price guarantee

The best features of all Frontier plans include:

  • No Data Caps – This is pretty common in today’s internet age. An internet plan would be severely limited with data caps in the age of streaming and live broadcasting. Frontier does not limit its customers or throttle them after a certain amount of usage.
  • Frontier Secure – Frontier provides protection for your privacy through Frontier Secure. It gives you access to a cloud “safe” for all of your passwords, usernames, and credit information with one master password.

Frontier Internet-only Deals

Frontier now includes a free router with each internet plan. By dropping the $10 monthly user fee for routers, customers now save $120 per year. If you have access to Frontier FiberOptic, you can get a $200 Visa gift card with the FiberOptic gigabit plan, or receive a $100 gift card with the 500/500 plan.

Frontier also offers price for life and price-lock deals. While the former extends to the plan with only 9 Mbps of upload speed, the $37.99 per month price tag is set for life. On the other end of the spectrum, Frontier offers a three-year price guarantee of $79.99 per month on its 940 Mbps plan.

Frontier offers free activation when you sign up for internet service online. Ordering online also includes your router free of charge.
Small business owners get deals by bringing employees together under Frontier Internet for Business, a 500 Mbps plan for $95.99 per month.

Frontier Internet Fees

Each Frontier plan includes a monthly $5 autopay and paperless discount in the advertised price. The monthly equipment fee is also included in the price for the first 12 months of service. Afterwards, expect to see an additional $10 charge for your equipment on your monthly bill.

Your first month’s bill will include an $85 activation fee if you choose Frontier Internet. Frontier FiberOptic customers can get the activation fee waived by ordering service online.

You won’t have to worry about data overage fees or an early termination fee since all Frontier internet plans have unlimited data and are contract-free. However, there is a $10 cancellation fee when you cancel service.

Frontier Bundle Deals

Frontier customers with high-speed internet can also add unlimited monthly Wi-Fi service that works at various Frontier locations and hotspots for just $9.99 per month.

Frontier no longer offers its own TV service to new customers. Instead, Frontier partners with satellite TV providers DISH TV and DIRECTV to bring entertainment channels like Disney, ESPN, and Discovery together with internet service to create a package deal. Both DISH TV and DIRECTV offer live streaming services that go well with Frontier’s unlimited internet plans.

Frontier also offers home telephone service as an add-on to its internet packages. Features include call waiting, call forwarding, three-way calling, caller ID, and voicemail.

Additionally, Frontier Secure offers a HomeShield bundle across your internet devices and connections. Specifically, the bundle offers:

  • Multi-Device Security for up to 10 devices along with a web-based device management console. Frontier offers this service free to new customers.
  • Content Anywhere for up to 100 GB of cloud storage capacity
  • Password Manager to make browsing, shopping, and banking online easier and more secure with a single master password
  • Identity protection for one adult that provides personal digital safety and security with credit bureau, global ID and Social Security number monitoring

Frontier Secure costs $8 per month.

Frontier Communications Discounts

Frontier offers a discount for those with fixed or low incomes through Lifeline. While uncommon, Frontier also offers two programs with discounted rates on internet service for health-care professionals serving rural areas or residents of rural areas: Healthcare Connect Fund and Telecommunications Program.

The details regarding the programs are somewhat confusing, but the main requirement is serving/being partnered with a health-care provider or facility tending to rural residents. The first step in applying is creating an account with the Universal Service Administrative Co. (USAC). The download forms are available on usac.org/rural-health-care.

How to Lower Your Frontier Bill

Regardless of the Frontier plans currently available, keep in mind a few guidelines to keep your bill as low as possible:

  1. Keep an eye out for early termination fees (ETFs). When you sign a contract with Frontier, make sure you’re able to commit to the term in the agreement. If you cancel your service early, you may be hit with a high fee for backing out.
  2. Consider buying your own modem and router. Frontier offers internet equipment free for your first 12 months of service. You’ll have to pay $10 per month afterwards, unless you buy your own equipment. The average price for a modem and router combo, or gateway, is usually less than the yearly price you’ll pay for renting Frontier’s equipment.
  3. Determine the Frontier speed you need. The needs of someone who just uses the internet to check email varies vastly from those who run multiple high-definition streams at the same time. While the deals and speeds vary based on your location, recognizing your usage needs is important to ensure you end up with a plan you’re happy with.
  • How fast is Frontier’s high speed internet?

    Frontier Internet speeds range between 9 Mbps and 940 Mbps.

  • Can I get internet service-only from Frontier?

    Yes, Frontier Internet-only plans start at $37.99 for 9 Mbps. Frontier’s fastest option costs $79.99 for 940 Mbps.

  • How much does Frontier FiberOptic cost?

    Frontier FiberOptic offers plans starting at $49.99 per month for up to 50 Mbps.

  • How much does it cost to disconnect my Frontier FiberOptic gig service?

    If you decide you no longer want your FiberOptic service, Frontier charges you a $10 disconnect fee.

Источник: https://broadbandnow.com/Frontier-Communications-deals

MYFRONTIERsm ACCOUNT

Frontier MilesElite StatusEarn MilesUse MilesFrontier CardFamily Pooling

A myFRONTIER account is your one-stop-shop with us. With a myFRONTIER account, you can track your miles, view your status, set your travel preferences and more! Best of all you can discover the best ways to save more and get more with us!

YOUR FRONTIER EXPERIENCE. YOUR WAY.

myFRONTIER is where you can manage your account, Frontier preferences and memberships. You are automatically enrolled for an account when you sign up for FRONTIER Milessm or Discount Den®, and when you apply for the Frontier Airlines Mastercard®.

MAKE BOOKING QUICK & EASY

With a myFRONTIER account you can save your booking details, including passenger, payment and travel preferences and information.

IT'S FREE

Signing up for a myFRONTIER account is free and there are no additional costs. Simply sign up for FRONTIER Miles

CUSTOMIZE & PERSONALIZE

Your myFRONTIER account is customizable and personalized just for you. Track your FRONTIER Miles progress, earn status benefit badges and much more. Even arrange your profile by what is important to you!

MAXIMIZE YOUR SAVINGS

Learn all about the different ways you can save more and get even more with us!

FUN FEATURES.

Enjoy our new and interactive experiences with your myFRONTIER account. Check out some of the features:

TRACK YOUR PROGRESS

See how close you are to your next award flight and Elite Status.

COLLECT TAILS

Check out which animal tails you have flown with! What's the next tail you'll add to the collection?

WHO'S IN YOUR POOL?

Manage your family pool and see how many miles you've shared.

Learn More

BENEFIT BADGES

Which Elite Status benefits have you earned?

HOW FAR HAVE YOU GONE?

See how many miles you have flown with us!

DISCOUNT DEN®

Manage your Discount Den® membership and check out your benefits.

Источник: https://www.flyfrontier.com/myfrontier/?mobile=true

Where Can You Pay Your Frontier Bill In Person?

Bill payments are a nuisance and we all can’t hate the idea enough. We have been at the point where it’s a whole load of bills piled up to be cleared. Every single one of them with separate instructions of payments and clearances, it’s all a mess! Even dreadful are the times when none of the online options are working and you have to find a place to go and pay your bills. Well, in that case, Frontier Communications ensures that the process is as convenient as it should be for its subscribers. Frontier offers two different types of physical payment facilities.

1. Bill Payment via Authorized Agents

2. Bill Payment at Frontier Frontier communications wv bill pay Stores

Let’s dive into the details of the process for each of these:

Payment via Authorized Agents:

Find out the authorized agent for Frontier’s walk-in payments here. Just enter your zip code and the desired search radius, click submit and the redirected page will display a list of all the authorized agents available in that area or the closest nearby region.

Note that the authorized agents charge an extra $1.50 in the name of the service fee on top of your bill payment amount. You may choose to pay in cash, pay order, or check, whichever is convenient for you. Don’t worry if the payment clearance is not reflected in your Frontier account, instantly. The system takes 1 business day to huntington bank ashland ohio hours the said information. Check back after 24 hours. In case it isn’t updated, simply contact Frontier customer service and a representative will be happy to explain the discrepancy.

Payment via Frontier Retail Stores:

This one is a rather simple method of payment. All you have to do is locate the nearest Frontier retail store. Some of the retailers charge a fee for the service while others do it for absolutely no charges. You may find out the details at the store. You can make the payment in cash, a cheque, or money order. As in the case of payment at authorized billing agents, your payment clearance will be updated on your Frontier account in one business day.

Besides, you can always fall back to Frontier customer support in case of a query and a 24/7 available representative will be happy to assist you.

Источник: https://www.localcabledeals.com/blog/pay-frontier-bill-in-person

How to File a Complaint Against Frontier Communications

Learn your options to get your voice heard and make Frontier Communications pay

Start Now

Like most large corporations, trying to get through to a customer service representative at Frontier Communications can be an exercise in frustration. Fortunately, a dispute resolution specialist from FairShake can help you recover money lost because of statement overcharges. You can also fight back against fraud that includes deceptive sales tactics.

By this point, you have probably tried contacting the customer service department at Frontier Communications. You have wasted time waiting on hold, answering computerized voice questions, and if you were lucky, spending a little time with a live representative who did not take care of your issue.

Now, the time has come to expand the options you have when dealing with Frontier Communications. Contact FairShake today to learn more about filing a small claim and how to proceed with binding arbitration.

Read on to learn about different ways of filing a claim against Frontier, and what you should know about each:

File a Claim against Frontier Communications in Small Claims Court

What is Small Claims Court?

Although most large corporations such as Frontier Communications prohibit the filing of class action lawsuits against the company, you have the right to seek just compensation by filing a claim in small claims court. Read the fine print in the customer agreement you signed to determine how Frontier handles small claims court cases.

When Should You File against Frontier?

The answer is simple: You must have the time and the patience to see a small claims court case to its conclusion. Unlike binding arbitration, either party has the right to file an appeal in a small claims court case. This means a judge might issue a final decision until months, perhaps a couple of years after the start of a small claims court case.

How to File a Claim against Frontier Communications

Everything you need to know about filing a claim against Frontier is presented in the detailed FairShake Guide to Sue Frontier in Small Claims Court. If you follow each of the steps highlighted in the informative guide, you increase the chance of winning your case.

File a Claim against Frontier Communications with your Credit Card Provider

Is It Worth the Effort?

Yes, because 5th third bank customer service phone number time you pay for something with a credit card, you and the company selling you a product agree to follow a clear set of rules established by the credit card company that issued you the card. Most credit card companies set strict guidelines to follow whenever a customer complains about overcharges, fraudulent charges, and product or a service paid for, but not provided.

If you follow the principle of “Document everything,” then you should be in good shape when it involves filing a claim against Frontier with your credit card provider. The first thing your credit card provider wants to see is proof that you took a financial hit because of a Frontier error or worse, negligence. You can expect to identify the charge, describe the claim, and submit evidence that substantiates your claim.

What Result Should You Expect?

The best case scenario is your credit card provider removes the charge from your balance. Frontier has the right to dispute any allegations by responding to a request sent by your credit card provider to justify a certain charge. Most credit card providers try to expedite the claims submitted by customers.

Access the FairShake guide on how to handle a dispute with Frontier Communications.

File a Complaint with the FCC

What is it?

The Federal Communications Commission (FCC) is a frontier communications wv bill pay agency that regulates much of Frontier’s business. The FCC provides an informal channel for consumers to submit claims and complaints against Frontier.

What happens to these claims depends on the internal procedures of the FCC. The FCC also provides a more formal complaint process, but agency charges a fee to use this service.

When to Try it

When you reach the end of your patience with Frontier, and want to make the FCC aware of your complaint. Remember that an FCC complaint is not a way to pursue compensation.

What You Need to Do

File an informal complaint against Frontier on the FCC’s public website by following the instructions here.

What to Expect

The last thing Frontier Communications wants is to have the government get involved with a customer dispute.  You might receive an offer to settle the dispute, before you take your complaint to the FCC. The FCC has broad powers when it comes to regulating telecommunication companies. One of the most influential regulatory actions is to levy a fine against Frontier.

 

File a Complaint with the Better Business Bureau

What is it?

The Better Business Bureau (BBB) and its local chapters are private organizations that collect and publish complaints against a wide range of companies. They are mainly funded by affiliate fees from businesses, and usually offer these business an opportunity to respond to consumer complaints.

When to Try It

Before you file a claim in small claims court or seek resolution of a dispute through binding arbitration, file a complaint with the BBB. Although the BBB does not have any legal power to force Frontier to settle your complaint, the leading consumer advocacy organization collects the complaints filed by other consumers. The more complaints, the more likely Frontier will try to settle your complaint.

What to Expect

This depends on whether Frontier Communications responds to its BBB complaints. If it does, you may receive a response directly from the company. The BBB might request documentation to support your complaint. Ultimately, it is up to Frontier whether the company chooses to offer compensation to settle your claim.

Participate in Binding Arbitration

Overview of Binding Arbitration?

Do you remember the fine print in the agreement you signed with Frontier? It states you cannot join a class action lawsuit. In addition, the agreement  states the company settles customer disputes through binding arbitration. With the help of a FairShake representative, you can seek just compensation in a timely manner through binding arbitration.

When is Binding Arbitration the Best Option?

Since binding arbitration decision is the final word of a dispute, you should consider filing for it soon after learning that Frontier misled you or violated a terms or service written into the contract you signed with the company. Binding arbitration grants petitioners more money than what you can get from a small claims court decision.

Contact a FairShake representative today to learn more about binding arbitration. You can brush on frontier communications wv bill pay process by visiting our website.

 


Take your complaint beyond customer service and get a real resolution.

Start Your Claim

Источник: https://fairshake.com/frontier-communications/file-a-complaint/

News

Updated April 23, 2020

Download Printable PDF Version

On April 14, 2020, Frontier Communications filed for Chapter 11 bankruptcy. CWA leadership and staff are currently analyzing the company's proposed plan for bankruptcy and are consulting with bankruptcy attorneys at Cohen, Weiss and Simon LLP (“CWS”). This updated FAQ focuses on basic issues of concern to CWA members.

CWA leadership is evaluating a range of issues as they arise in this process which could potentially impact our members. CWA will continue to provide updates as information becomes available.

Question.

Is Frontier going out of business?

Answer.

No. Frontier is filing for Chapter 11 bankruptcy, which is a reorganization proceeding that gives companies an opportunity to restructure its operations and finances. In Chapter 11 bankruptcies, companies generally seek a seamless transition in operations upon a filing so the public does not recognize a break or difference in service.

Question.

What does Frontier plan to achieve in bankruptcy?

Answer.

Frontier’s plan is to eliminate a substantial portion of its debt, freeing up funds to invest and grow the business. The company’s bankruptcy plan (called a “Restructuring Support Agreement” that has been signed by a majority of their bondholders) will do the following:

  1. Reduce the current $17.5bn in outstanding debt by $11bn;
  2. Compensate the bondholders who own that $11bn in debt through a combination of stock in the post-bankruptcy company and a $750 million new bonds;
  3. Cancel 100% of current company stock and commit 100% of post bankruptcy stock glenview state bank review bondholders;
  4. Develop a plan which will enable the company to improve its operations and invest in fiber and other critical technologies.

This plan must be approved by the bankruptcy court and a vote of various classes of creditors before it can take effect. The bankruptcy exit plan will also be reviewed by state regulators. The company predicts the process could take into early 2021 first light federal credit union lee trevino el paso tx complete.

Question.

Will my pay and benefits be affected by the company’s bankruptcy filing?

Answer.

Frontier has communicated to its employees that pay and benefits will continue as normal during the bankruptcy process and has received approval from the bankruptcy court to continue to run the business in the frontier communications wv bill pay course. We do not expect employees to see any interruption in their normal pay and benefits during the bankruptcy process.

Question.

Will my protections under the collective bargaining agreement be affected by the company’s bankruptcy filing?

Answer.

Frontier has not engaged CWA to renegotiate our contracts and the company’s plan for bankruptcy does not specify that the company is seeking any specific changes to our contracts. Frontier representatives have reaffirmed their intent to maintain our contracts to the bankruptcy court.

If the company did seek to make changes to our contracts, they would first be required to negotiate with CWA. If the bargaining process did not result in an agreement, the company could at that point ask the bankruptcy court for the authority to reject our CBAs and impose the company’s final offer. In that case, CWA would have the opportunity to argue against rejection and present evidence in a trial in the bankruptcy court.

Question.

Will my pension be affected by the company’s bankruptcy filing?

Answer.

The ongoing accrual of pension benefits is determined by the collective bargaining agreement and therefore subject to the same protections and process as described above. Frontier’s bankruptcy plan does not specify that the company is seeking changes to our pension benefits.

Because Frontier’s pension plan is not currently fully-funded, federal law prohibits the plan from paying lump sum distributions to employees who retire while the company is in bankruptcy. Associated bank locations racine wi, Frontier has recently amended its pension plan to allow any retirees that were required to select an annuity as a result of the bankruptcy to houston federal credit union gulf freeway back and select a lump sum distribution once the company has emerged from bankruptcy. There are similar provisions governing death benefits.

Question.

What role will CWA have in Frontier’s bankruptcy?

Answer.

CWA has secured a seat on the “Unsecured Creditors Committee” (UCC). This committee is appointed by the United States Trustee, a government official, to represent the interests of creditors who are owed money but do not have a lien or mortgage on the company’s property to secure their debt. As a group, this committee monitors the bankruptcy proceedings, appears in court to present the views of the committee, negotiates over a plan of reorganization, and can conduct investigations into the Company’s actions.

Brief Background on Bankruptcy Proceedings

(originally posted February 7, 2020)

Question.What is a bankruptcy?
Answer.

A bankruptcy is a legal proceeding with a special set of rules governing a company’s rights and obligations (as well as the rights and obligations of creditors and other parties) after the company files a bankruptcy petition.

The laws governing a bankruptcy are contained in the U.S. Bankruptcy Code. Bankruptcy proceedings are supervised by the U.S. Bankruptcy Courts. The parties impacted by the bankruptcy filing (for example, Frontier and CWA members) must follow the rules of the bankruptcy court.

Question.What are the differences between a Chapter 11 and Chapter 7 bankruptcy?
Answer.

Chapter 11 filing is a reorganization proceeding that is intended to give a company an opportunity to restructure its operations and finances and emerge from bankruptcy pursuant to a plan of reorganization. In Chapter 11 bankruptcies, companies tend to seek a seamless transition in operations upon a filing so the public does not recognize a break or difference in service. In a Chapter 11 bankruptcy proceeding, a company may attempt to reorganize its operations in a “stand-alone” reorganization or to sell some or most of its assets as a going concern, often referred to as a “Section 363” or “363” sale. A company that has filed a Chapter 11 petition is often referred to as the “debtor” or “debtor-in-possession” (“DIP”)

A Chapter 7 filing is a liquidation proceeding where a company terminates operations. A trustee rather than management has ultimate responsibility for administering the company and its liquidation.

Question.

What are the rights a company obtains when it files for Chapter 11?

Answer.

The “debtor,” obtains the right to ask the bankruptcy court for the right to sell assets and “reject” otherwise binding contracts.

Immediately upon a bankruptcy filing, there is a stop of most creditors’ efforts, known as an savings account interest rates near me stay,” to collect on their debts and most lawsuits. Debts become what are called bankruptcy “claims.” This process gives the Company a chance to save its cash and restructure or sell assets in an organized way with some “breathing room” from creditors seeking to collect debts and pursue lawsuits.

Question.

What are exceptions to the automatic stay?

Answer.

Exceptions to an automatic stay include certain “First Day Orders,” (meaning orders presented at the first court appearance after filing for bankruptcy) which may allow the company to pay various prepetition bankruptcy “claims” as they come due instead of waiting for the end of the case. There is usually a First Day Wage and Benefit Order authorizing the payment of most employee-related obligations earned before the bankruptcy filing.

While most litigation is placed on hold, grievance and arbitration proceedings under a CBA may go forward, although any monetary damages (for example, back pay) are usually dealt with in the bankruptcy process, and most government regulatory proceedings (like the Labor Board) go forward.

Question.What happens in the Chapter 11 bankruptcy process?
Answer.

When a company files a petition for Chapter 11, the automatic stay takes effect and the company immediately comes under the supervision of the Bankruptcy Court. The Company must file motions and seek the approval of the Bankruptcy Court to take any actions that would be different from their “ordinary course of business.” CWA would have the right to weigh in on any motions filed by Frontier

The company ultimately negotiates a Plan of Reorganization (“POR”) with creditors and other involved parties in the bankruptcy. The POR is a legal document that provides how the company will pay creditors and how it will be governed following emergence from bankruptcy.

Question.What happens to a union contract during bankruptcy?;
Answer.

There is a complex process under Section 1113 of the Bankruptcy Code that would govern any motion “to reject” a labor contract, and to the extent it ever becomes relevant we will report further on Section 1113.

Under bankruptcy, the company can ask the bankruptcy court for the authority to reject otherwise binding contracts, including collectively bargained agreements, but must engage in a period of bargaining when seeking to reject a labor contract. The union would have an opportunity to argue against rejection and present evidence in a trial in the bankruptcy court.

In the case where the CBA is rejected, a company’s last bargaining offer would be implemented as terms and conditions of employment, but generally, unions would then have the right to strike. The company would ultimately be required to bargain over the terms of a new contract. In this case, since CWA has multiple CBAs with Frontier, the company could chose to seek rejection of individual contracts or all of the contracts with CWA. Thus, Frontier could chose to seek to reject just a particular local contract but we are not aware of such approach in past cases because in the context of multiple contracts with locals of the same international, usually each contract has the same type of provision that the company wants to change across the board. If considering seeking rejection of a labor contract, a company usually wants some type of coordinated bargaining with the international involved.

Companies in bankruptcy often have good reason to avoid re- opening bargaining. Companies under Chapter 11 typically seek to maintain operations and avoid disruptions during bankruptcy while they secure funding and seek an exit out of bankruptcy.

Question.How is the Plan of Reorganization approved?
Answer.

The company’s management has the exclusive right to file a POR for the first 120 days after filing the bankruptcy petition, although the bankruptcy court may shorten or extend that time period.

Before a POR chime card atm near me take effect, it must be approved by the bankruptcy court and be approved by a vote of various classes of creditors.

Question.How does a company fund its operations while in bankruptcy?
Answer.A debtor often seeks new financing, called Debtor In Possession (“DIP”) Financing, to pay for the operating needs of the company.
Question.What is the role of the bankruptcy judge?
Answer.

The judge oversees the bankruptcy legal process and must review the debtor’s decisions, including any requests for confirming a POR, rejecting contracts, or selling substantial assets. The judge is required to follow and implement the bankruptcy law.

Bankruptcy Judges do not manage or administer the business of frontier communications wv bill pay Company in bankruptcy. They only interpret the bankruptcy law in relation to the motions brought before them.

Question.Who else is involved in a company’s bankruptcy filing?
Answer.

The “unsecured creditors” (creditors who are owed money but do not have a lien or mortgage on the Company’s property to secure the debt) usually have a formal role in a Chapter 11 bankruptcy.

An official body called the Unsecured Creditors’ Committee (“Committee”), usually consisting of the seven largest unsecured creditors, is appointed by the United States Trustee, a government official, to represent the interests of unsecured creditors. As a group, the Committee monitors the bankruptcy proceedings, appears in court to present the views of the Committee, negotiates over a plan of reorganization, and can conduct investigate the Company’s actions.

In the event Frontier does file for bankruptcy, CWA will attempt to be appointed a member of the Unsecured Creditors Committee appointed in the Frontier case. CWA and its professionals — including our bankruptcy attorneys, CWS —would be monitoring all of the court proceedings.

Questions Related to Bargaining/Pay/Pensions/Benefits

Question.What happens if Frontier declares bankruptcy before or during bargaining?
Answer.There is no change to the rules under which unions and employers negotiate new agreements when the employer is in bankruptcy, unless and until the Company invokes an attempt to reject the labor contract.
Question.Will CWA and Frontier bargain expiring contracts during the bankruptcy proceeding?
Answer.Yes.
Question.How will an employee’s pay and benefits be impacted by the Bankruptcy?
Answer.Assuming Frontier files first day motions to continue to run the business in the normal course, all employees should expect to receive their usual pay and benefits during the bankruptcy proceedings. The CBAs remain in effect unless and until the Court approves any changes to them.
Question.Does Frontier’s bankruptcy filing terminate the pension plan?
Answer.No. While underfunded pension plans sometimes terminate during bankruptcy proceedings, a company’s bankruptcy filing by itself does not terminate a pension plan.
Question.How would bankruptcy affect my pension plan?
Answer.

Benefits Already Earned:Generally, all earned benefits under a traditional, defined-benefit pension are protected under federal law and must be paid in full.

However, an employer can apply for a distressed termination under the Pension Benefit Guarantee Corporation (“PBGC”) if:

  1. The pension plan does not contain enough assets to pay benefits, and
  2. The employer proves that it cannot remain in business while maintaining operation of the

Under a distressed termination, the PBGC takes over the administration of the plan and pays all benefits up to a maximum guaranteed amount. If a labor contract requires contributions to a defined benefit pension plan, the Company would also have to seek relief from the labor contract in order to terminate a pension plan.

It’s important to remember that Federal law requires that money contributed towards financing a pension plan be kept in a trust separate from other business assets. These trust assets may not be used to pay off other debts in the bankruptcy process.

PBGC 2020 Maximum Monthly Guarantees jose bautista Single Employer Plans

Age at Retirement

Monthly Guaranteed Amount
(Straight-Life Annuity)

55

$2,615.63

60

$3,778.13

65

$5,812.50

70

$9,648.75

Under federal law, lump sum payments generally are not available when a company files for bankruptcy and the plan is not 100% funded. It is rare for a plan to be 100% funded and the most recent disclosures from the company indicate that the Frontier plan is funded at 92.91 percent. Pension plans that are terminated and then administered by the PBGC, likewise will not offer lump sum distributions to retirees. PBGC plans do offer joint-and-survivor annuity options.

It has been our experience that these PBGC guaranteed amounts cover earned benefits for most CWA members, depending on their age at retirement.

Future Benefits: Filing for bankruptcy does not necessarily mean a change to your future benefits under the pension plan.

Under Chapter 11 bankruptcy, a company may or may not seek changes to the pension plan (or any other employee benefit plan) during the bankruptcy. Employers are required to negotiate with represented units for any changes to active benefit plans, either under the normal rules of bargaining or the rules governing attempts to reject a collective bargaining agreement.

Question.What is the Pension Benefit Guaranty Corporation (“PBGC”)?
Answer.The PBGC is a federal agency created by the Employee Retirement Income Security Act of 1974 (ERISA) to protect pension benefits in private sector defined benefit plans — the kind that typically pay a set monthly amount at retirement. The PBGC receives no taxpayer dollars. Instead, its 5th third bank customer service phone number are financed by insurance premiums, investment income and assets and recoveries from failed single-employer plans.
Question.What happens when a pension plan is terminated and transferred to PBGC?
Answer.

When an underfunded pension plan is terminated and transferred to PBGC, it will notify plan participants and beneficiaries and provide information about their plan and about Frontier communications wv bill pay. While we do not know for sure, we have no basis to conclude that the Frontier pension plan will be terminated during the bankruptcy.

If the pension plan is insured by the PBGC and us bank business checking account is terminated without sufficient money to pay all benefits, PBGC’s insurance program will pay you the benefit provided by your pension plan up to the limits set by law and subject to any other legal requirement, as set forth above.

If you have not yet retired, your payments will begin when you become eligible and apply for pension benefits.

Question.Are Frontier’s pension plans insured by PBGC?
Answer.

Yes.

Frontier may have an option to amend the pension plan after bankruptcy to permit individuals to reapply for their lump sums. CWA is continuing to analyze all options that may be available. Click here to learn more about the impact of Frontier's bankruptcy on future lump sum payments.

Question.Will a plan termination affect annuity payments?
Answer.No. The termination of the pension plans does not affect purchased annuities. The annuities will continue to be paid by the insurance company who is responsible for those benefits.
Question.Will retired employees continue to receive their monthly pension?
Answer.As of today, the union pension plan remains intact and, therefore, retired employees will continue to receive monthly annuity payments.
Question.What will happen to our other benefits, including insurance?
Answer.

At this time, all terms of the CBA remain in effect. Thus, to the extent any insurance plan or other benefit is a benefit set forth in the CBA, the benefit remains in effect.

If it files for Chapter 11 bankruptcy, Frontier does have the ability to request changes to the CBA, but until and unless it makes any such request to the bankruptcy court, and the request is granted, there will be no changes to any benefits.

Question.Should you file a claim for monetary damages if you believe you are owed funds?
Answer.At this time there is no need to file a claim for monetary damages against Frontier. If Frontier does indeed file for bankruptcy, the bankruptcy court will set a deadline for filing claims, called a “bar date,” and instructions and probably forms will be distributed. We expect that the CWA will file claims on its behalf as its members, including grievances, but will provide more information if there is a bankruptcy and when a bar date is set.
Question.Whom should participants call with additional questions about their pension benefits?
Answer.

The PBGC’s customer contact number is (800) 400-7242.

Customer Service is open between 8am and 7pm Monday - Friday, except holidays.

There may also be a number at the pension plan.

Additional Questions Related to Future Lump Sum Pension Payments

Question.If I choose to retire prior to the company filing for bankruptcy, can I receive my pension as a lump sum?
Answer.Yes, however, you must have an “annuity start date” before the commencement of the bankruptcy.
Question.How do I obtain an annuity start date?
Answer.An annuity start date is the first of a month (such as March 1, 2020). Your employment separation/retirement date must be before your annuity start date (for example, February 28, 2020 for a March 1, 2020 annuity date), so notify your manager you are retiring as of a date that is before the annuity start date that you want. Also, you have to be sent a pension election package before your annuity start date. The package (“417 Notice”), notifies you, in writing, of the present value of your pension and allows you to elect the lump sum. Lastly, you must return your election promptly to ensure that a check can be cut within 90 days.
Question.How do I get a pension election package/417 Notice?
Answer.If you call the Milliman Service Center (866-333-2074 option 1) you will usually be sent a package/417 Notice in about three weeks (too late for a March 1, 2020 annuity start date). However, most participants (about 90%) can go on the pension website (www.Millimanbenefits.com) and download or print their own packages/417 Notices the same day. By going on the website, there is still time to generate your package/417 Notice before March 1, 2020.
Question.Who ally bank credit card application assist me if I am having trouble using the website?
Answer.You can also call the Milliman Service Center (866-333-2074 option 1) to receive assistance.
Question.What if I previously requested a package/417 Notice by phone and have not received it?
Answer.Milliman advises that it is working to send March 1, 2020 packages/417 Notices before March 1, 2020 to frontier communications wv bill pay employees who requested them by yesterday, February 24, 2020. However, if you want to be sure, you can go on the pension website (www.Millimanbenefits.com) and generate your own package/417 Notice before March 1, 2020. You can also call the Milliman Service Center (866-333-2074 option 1) to receive assistance.
Question.What happens if I do not receive an annuity start date before Frontier files for bankruptcy?
Answer.Under federal law, lump sum payments are not available for annuity start dates that are on or after a company files for bankruptcy (unless the plan is 100% funded). It is rare for a plan to be 100% funded. In Frontier’s view, the suspension of lump sum payments is not Frontier’s choice, but is a requirement of federal law.

As you can see, CWA and its bankruptcy attorneys and other professionals with bankruptcy experience and expertise are monitoring all developments related to Frontier and will advise you of future developments.

Источник: https://cwa-union.org/news/faq-on-frontier-bankruptcy

Concerns raised on Frontier

CHARLESTON — The West Virginia Public Service Commission could approve Frontier Communication’s bankruptcy reorganization plan next month, though Frontier plans to use its winning bid of federal rural broadband dollars to sweeten the deal, raising concerns.

Last Friday, the PSC made available the joint stipulation and settlement agreement between Frontier, 5th third bank customer service phone number staff, and PSC Consumer Advocate Division, and the Communication Workers of America union. If approved by the full commission on Jan. 19, West Virginia would be the 11th state to accept Frontier’s bankruptcy reorganization plan.

According to the proposed agreement, Frontier’s operations in West Virginia would be known as “InvestCo.” As part of the designation, Frontier agreed to voluntarily deploy gigabit broadband services to no less than 150,000 locations in West Virginia by Dec. 31, 2027.

The locations will allow Frontier to deploy fiber to homes and businesses when people subscribe, also called FTTP. Frontier set a goal of FTTP broadband deployment to 75,000 locations three years after they emerge from bankruptcy, which is expected in early 2021.

“Frontier is pleased to have worked collaboratively with West Virginia Public Service Commission staff, the Consumer Advocate Division, and the Communications Workers of America to create a settlement agreement that affirms our commitment to serve West Virginia and brings significant benefits to our customers and the state,” said Allison Ellis, senior vice president of regulatory and government affairs for Frontier Communications.

On page four of the proposed settlement, Frontier said projects part of the Federal Communication Commission’s Rural Digital Opportunity Fund auction would count towards their FTTP goal. Frontier was one of nine companies selected earlier this month to expand high-speed internet to unserved parts of West Virginia.

Combined, these companies will receive $362.1 million through the auction for projects in 119,267 Census tracts. Frontier was the largest recipient of RDOF dollars, winning $247.6 million.

“The FTTP locations to fulfill this commitment may include any locations awarded to Frontier pursuant to the Federal Communication’s Rural Digital Opportunity Fund,” according to the proposed settlement. “As soon as practicable after February 1, 2021, but subject to Federal Communications Commission disclosure limitations, Frontier agrees to provide its West Virginia RDOF bidding information to the parties on a confidential basis.”

State and federal lawmakers have raised concerns about Frontier’s winning bid in the RDOF auction based on previous experience with the phone and internet provider. Members of the West Virginia Senate and the House of Delegate’s Technology and Infrastructure Committee — a bipartisan group — wrote separate letters to the FCC last week asking for the federal agencies to closely scrutinize the Frontier RDOF bid. The letters are similar to a letter to the FCC sent two weeks ago by U.S. Sen. Shelley Moore Capito, R-W.Va.

Del. Daniel Linville, R-Cabell, is the new chairman of the House Technology and Infrastructure Committee and a member of the West Virginia Broadband Enhancement Council. He said he is concerned about Frontier repeating the mistakes www t online de sport the past.

“It is tremendously important that all West Virginians have access to reliable high-speed broadband internet service.,” Linville said. “As Frontier works to emerge from bankruptcy, it is of the utmost importance that any settlements include accountability measures to ensure performance.

“Fiber to the premises for tens of thousands more West Virginians — beyond those included in the Rural Digital Opportunity Fund — is something we all would favor,” Linville continued. “If any settlement is approved by the Public Service Commission, I hope they will include the measures necessary to make sure Frontier keeps its promises.”

In 2009, the state applied for a $126 million stimulus grant through the Broadband Technology Opportunities Program for broadband expansion in West Virginia. Frontier, the sub-recipient of the grant, was supposed to build middle-mile fiber connections and allow competitors to also access these lines at lower rates.

Frontier was accused by the Inspector General’s Office for the U.S. Department of Commerce for marking up invoices to the state by as much as 35 percent and charging the state millions in indirect costs that were not allowable. The West Virginia Legislature passed Senate Bill 1026 last year to move $4.6 million from the West Virginia Treasurer’s Office unclaimed property line item to the state general fund to repay the federal government.

A lawsuit was brought in 2014 by Bridgeport-based Citynet — also a winning bidder in the RDOF Phase I auction — accusing Frontier of allegedly misusing $40.5 million in federal grant funding to build a statewide broadband network only benefiting Frontier. That lawsuit is ongoing.

Frontier filed for Chapter 11 bankruptcy in April in an effort to reorganize $10 billion in debt and $1 billion in interest expenses. In a PSC order dated Aug. 30, 2018, Frontier was required to undergo an audit after the CWA filed a complaint seeking a review of Frontier’s copper network and infrastructure, as well as revenue since acquiring Verizon Inc. in 2010. A order in the case will be released in the near future.

“We look forward to a prompt approval of our application by the PSC so that Frontier can move forward in successfully completing its Chapter 11 restructuring and get to work on delivering services and creating benefits for West Virginia and our customers,” Ellis said.

A spokesperson for the PSC said there would be no comment until after the commission meets Jan. 19 and makes a decision to accept the proposed settlement or not, issuing an order on the case.

(Adams can be contacted at [email protected])

Today's breaking news and more in your inbox

Источник: https://www.weirtondailytimes.com/news/local-news/2020/12/concerns-raised-on-frontier/

Verizon sells landlines in 14 states to Frontier in $8.6B deal

ByUSA Today

May 13, 2009, 1:21 PM

• 2 min read

NEW YORK -- Verizon Communications vz says it has reached a deal to shed its traditional telephone line business in 14 states in a deal worth $8.6 billion.

Frontier Communications ftr, based in Stamford, Conn., will be taking over the Verizon assets in an all-stock deal, the companies say.

The deal will triple Frontier's size and make it the jpmorgan chase retiree login largest communications provider focused on providing voice, broadband and video services to rural markets and smaller cities.

Verizon said divesting the landlines will help it focus on its broadband, wireless and Internet businesses.

Maggie Wilderotter, Frontier's chairman and chief executive, said, "This is a truly transformational transaction for Frontier. With more than 7 million access lines in 27 states . (we are) "confident that we can dramatically accelerate the penetration of broadband in these new markets. "

Under the deal, Verizon will create a separate company for the assets being sold. That company will simultaneously be spun off to shareholders and merged with Frontier. It will carry $3.3 billion of debt that will be assumed by Frontier.

The transaction is expected to close within 12 months, the companies said.

The deal gives Frontier 4.8 million access lines to residential and small business customers.

The deal includes Verizon's wireline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia and Wisconsin as well as some assets in California.

In its press release, Verizons says, "As of frontier communications wv bill pay 2008, these operations served approximately . 2.2 million long-distance customers; 1.0 million high-speed data customers, including approximately 110,000 FiOS Internet customers; and 69,000 FiOS TV customers."

Not included in the Frontier deal are Verizon's wireline operations in Connecticut, Delaware, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas, Virginia and most of California.

Frontier says it expects to save $500 million annually, by leveraging existing networks and infrastructure. About 11,000 Verizon employees who support the landlines will move to Frontier with union contracts intact, Verizon said.


ABC News
Источник: https://abcnews.go.com/Business/story?id=7574975&page=1

Frontier Communications

American communication company

Frontier Communications Corporation logo 2016.svg
Frontier Communications headquarters.jpg

Frontier Communications former headquarters in Stamford, Connecticut

FormerlyCitizens Utilities Company
Citizens Communications Company
TypePublic

Traded as

Nasdaq:FYBR
IndustryTelecommunications
PredecessorPublic Utilities Consolidated Corporation
Founded1935[1]
Headquarters

Norwalk, Connecticut

,

U.S.

Key people

Nick Jeffery (CEO)[2]
Sheldon Bruha (Executive Vice President & CFO)[3]
ServicesLocal and long-distance telephone service, Internet access, wireless Internet access, digital phone, DISH satellite TV, fiber-optic Internet, fiber-optic television
RevenueDecreaseUS$7.155 billion(2020)[4]

Operating income

IncreaseUS$0.959 billion(2020)[4]

Net income

IncreaseUS$−0.402 billion(2020)[4]
Total assetsDecreaseUS$16.795 billion(2020)[4]
Total equityDecreaseUS$−4.900 billion(2020)[4]

Number of employees

16,200 (2020)[4]
Subsidiaries
Websitefrontier.comEdit this at Wikidata

Frontier Communications Corporation (known as Citizens Utilities Company until May 2000 and Citizens Communications Company until July 31, 2008) is an American telecommunications company. The company previously served primarily rural areas and smaller communities, but now also serves several large metropolitan markets.

In addition to local and long-distance telephone service, Frontier offers broadband Internet, digital television service, and computer technical support to residential and business customers in 29 states in the United States.[5] Frontier has 3,069,000 broadband internet subscribers and 485,000 video subscribers.[4] The company filed for bankruptcy in April 2020.

History[edit]

Originally based in Minneapolis, Citizens Utilities Company was formed from remnants of Public Utilities Consolidated Corporation, owned by Wilbur B. Foshay, in 1935. As the post-war years started, the company caught the interest of a New York investor. Thirty-year-old Richard Rosenthal was named president of the company in 1946, the youngest company president in the industry at that time. From the 1950s through the 1970s the company expanded nationwide.[6]

Telephone line acquisitions[edit]

Citizens Utilities began a rapid expansion in 1993, announcing an agreement to acquire 500,000 rural access lines from GTE. In December 1993, it acquired 190,000 lines in four states, Idaho, Tennessee, West Virginia and Utah. Coghest Frontier of DGF City East/West & Contel of the West lines in Utah became part of Citizens Telecommunications of Utah. GTE Northwest glenview state bank review in Idaho become part of Citizens Telecommunications Company of Idaho. GTE South lines in Tennessee became part of Citizens Telecommunications Company of Tennessee, while lines in West Virginia became part of Citizens Telecommunications Company of West Virginia.

In June 1994, it completed the acquisition of 270,000 lines, formerly part of Contel of New York, which became part of Citizens Telecommunications Company of New York. In November that year, Citizens acquired 38,000 lines. Lines in Arizona, formerly part of Contel of the West, became part of Citizens Telecommunications Company of the White Mountains, while lines in Montana became part of Citizens Telecommunications Company of Montana.

In January 1995, the first commonwealth bank vandergrift pa acquired 5,000 access lines in California.[7] These lines became a part of Citizens Telecommunications Company of California.[8]

Citizens, in 1994, announced that it would acquire 117,000 telephone lines and cable franchises in eight states from Alltel for $292 million. On June 30, 1995, it acquired two operating companies from Alltel.[9] One of them was in Oregon and merged into Citizens' existing company there. The other, Mountain State Telephone, was in West Virginia and was renamed Citizens Mountain State Telephone. Citizens Mountain State Telephone later absorbed the former GTE capital one corporate email address and took on the Citizens Telecommunications name. On September 30, Citizens completed the acquisition of Alltel's lines in Tennessee, which became a part of Citizens Telecommunications Company of the Volunteer State. On October 31, it completed the acquisition from Alltel of Navajo Communications, which operates lines for the Navajo chase credit card aarp visa in Arizona, California, and New Mexico.

On January 2, 1996, Citizens acquired 3,600 lines in Pennsylvania and 20,000 lines in California from Alltel. On April 1 that year, it acquired Alltel Nevada, which included 23,000 telephone lines.[10] The company was renamed Citizens Telecommunications Company of Nevada.

Citizens acquired Ogden Telephone in 1997.

In 1999, Citizens announced that it planned to acquire 187,000 local access lines from GTE frontier communications wv bill pay $664 million in Illinois, Minnesota, Nebraska, and North Dakota. The sales were closed following the merger of GTE and Bell Atlantic to form Verizon.

Lines in Nebraska were split from GTE Midwest to become a part of Citizens Telecommunications Company of Nebraska. Lines in North Dakota were split. Some became part of Citizens of Montana while the rest joined with lines formerly part of Contel of Minnesota to become part of Citizens Telecommunications Company of Minnesota. Lines in Illinois became a part of Citizens Telecommunications Company of Illinois.

Proposed acquisition of US West lines[edit]

Citizens, in 1999, announced plans to acquire 530,000 rural access lines from US West, a Baby Bell, for $1.65 billion.[11] The sale would not have included US West Dex directories in those territories.

In 2001, Qwest, which acquired US West in 2000, terminated the sale because Citizens refused to complete the transaction.[12]

Utility sales[edit]

Citizens sold its non-telephone divisions in the late 1990s and early 2000s. The following divisions were sold:

Global Crossing and Commonwealth transactions[edit]

Frontier logo, 1995-2016

Citizens Communications acquired the Frontier name my uscis online account number local exchange properties from Bermuda-based Global Crossing in 2001. Global Crossing acquired the local exchange properties in 1999 when it purchased Frontier Corporation, originally Rochester Telephone Corporation.

Citizens acquired the operations from Global Crossing North America for $3.65 billion. The companies included in the acquisition included Frontier incumbent local exchange carrier (ILEC) companies in New York as well as Frontier Subsidiary Telco, which included all Global Crossing North America ILEC operations located outside of New York, Frontier Communications of America, a long-distance provider, and Frontier Communications of Rochester, a competitive local exchange carrier (CLEC).[20] The acquisition was completed in June 2001.

In 2006, Citizens acquired Commonwealth Telephone, a Pennsylvania telephone company.[21]

Name changes[edit]

Citizens Communications stockholders approved changing the corporate name to Frontier Communications Corporation at the annual meeting on May 15, 2008. The name change became effective on July 31, 2008, and the company's stock symbol on the New York Stock Exchange changed from "CZN" to "FTR". On December 2, 2011, Frontier announced trading of its stock would move from the New York Stock Exchange to the NASDAQ stock exchange. The stock began trading under the same "FTR" symbol on the NASDAQ exchange at the start of the December 16, 2011, trading day.[22][23][24]

Purchase of Verizon lines[edit]

In May 2009, Frontier announced that it would acquire Verizon Communications' landline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia, and Wisconsin for $8.6 billion. Verizon had been in the process of divesting its landlines in an effort to focus more on its broadband and wireless businesses.[25]

In all states other than West Virginia, this takeover primarily involved rural exchanges that were formerly a part of the GTE system when Verizon Communications was formed by the merger of Bell Atlantic and GTE. However, in West Virginia, Frontier acquired Verizon West Virginia, formerly The Chesapeake and Potomac Telephone Company of West Virginia, a former Bell System unit. When combined with its existing subsidiary Citizens Telecommunications Company of West Virginia, Frontier became the incumbent local exchange carrier (or ILEC) telephone company for all but five exchanges in the entire state. The transition was frontier communications wv bill pay on July 1, 2010; in some states, Frontier peoples trust federal credit union payoff address required not to raise rates, and in others, broadband access was to be expanded. Ninety-two percent of people in Frontier's existing service area had access to broadband, while just 65 percent did in the newly acquired areas, with a goal to reach 85 percent in three years.[26]

On February 5, 2015, Frontier announced that it would acquire Verizon's wireline assets in California, Florida and Texas for $10.5 billion.[27]

Purchase of AT&T lines[edit]

On October 24, 2014, Frontier closed its acquisition of AT&T's wireline, DSL, U-verse video and satellite TV businesses in Connecticut. The deal included the wireline subsidiaries Southern New England Telephone and SNET America and consumer, business and wholesale customer relationships.[28]

Sale of northwest assets[edit]

On May 29, 2019, Frontier announced that it had agreed to sell its operations in Idaho, Montana, Oregon, and Washington to WaveDivision Capital (led by former Wave Broadband CEO Steve Weed) and Searchlight Capital Partners for $1.352 billion.[29] In 2020, WaveDivision Capital revealed the acquired operations will be named Ziply Fiber.[30]

Ziply Fiber finalized acquisition of Frontier Communications' Northwest operations on May 1, 2020. The acquisition now serves customers across Washington state, Oregon, Idaho and Montana.[31]

Bankruptcy[edit]

In February 2018, Frontier started with an 8 percent year-over-year decline in revenue, outpacing attempts to cut costs. The ratio of operating income to sales in Q1 dropped from 16.1 percent to just 14.1 percent in frontier communications wv bill pay next year. In January 2020, Bloomberg News reported that Frontier was "asking creditors to help craft a turnaround deal that includes filing for bankruptcy by the middle of March", amidst declining revenue.[32] On April 14, 2020, Frontier Communications filed for bankruptcy.[33] As currently filed, the restructuring plan would wipe out current shareholders, who've already lost more than 90 percent this year alone.[34] Frontier went public again on May 4th, 2021 at $30.00 a share, with FYBR as its trading symbol on NASDAQ.[citation needed]

Fiber optic and Internet services[edit]

Frontier FiOS[edit]

Main article: FiOS from Frontier

In addition to the purchase of copper lines from Verizon, over time Frontier also acquired the fiber-optic system built by Verizon primarily in Fort Wayne, Indiana, around Portland, Oregon, the Tampa Bay Area of Florida, Southern California, some eastern suburbs of Seattle, Washington, the Dallas-Fort Worth Metroplex, and the Greenville area in South Carolina.[35] The company kept the name "FiOS" for the fiber systems and licenses it acquired from Verizon.

The initial transition was rocky, with Frontier initially claiming that it had no plans for changes after the transition, but later attempted to institute a $500 installation fee for new television subscribers, backed out of franchise agreements in some cities in Oregon, and increased rates by 50% in Indiana.[36][37][38] Frontier later retracted the rate increases and installation fee, but has not reclaimed franchises in the cities that it relinquished and not before losing FiOS TV subscribers.[39]

Frontier FiOS service in most markets operates on the same technology and software as the Verizon FiOS system.

Frontier DSL Broadband[edit]

In parts of upstate New York and other rural markets Frontier offers only DSL internet service to its customers using traditional copper wires. PC Magazine's annual survey of ISP customer satisfaction regularly lists Frontier's DSL service at or near the bottom in terms of "Overall Satisfaction"; other outlets, including Consumer Affairs, report similar general sentiments from customers regarding Frontier DSL.[40][41][42]

Criticism[edit]

West Virginia DSL speeds[edit]

In 2015, Frontier agreed to a settlement in West Virginia, over a class-action lawsuit alleging that the company's DSL services in the region did not meet the advertised speeds (such as advertising 6 Mbit/s but only delivering 1.5). The company committed to spending at least $150 million on improving its broadband infrastructure in the region, and promised to discount users who were affected by this.[43][44]

Service fees[edit]

All Frontier FiOS subscribers are charged a fee of $10 for renting a router, even if they have installed their own router, or bought one outright from Verizon prior to the acquisition of their market's operations by Frontier. The company argued that these fees are necessary in order to cover the additional costs of supporting equipment that is not provisioned by Frontier itself.[45]

[edit]

Frontier purchased the naming rights to venues including:

States[edit]

  • Alabama
  • Arizona
  • California
  • Connecticut
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Michigan
  • Minnesota
  • Nebraska
  • Nevada
  • New York
  • North Carolina
  • Ohio
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • West Virginia
  • Wisconsin
  • Washington

Former CEOs[edit]

See also[edit]

References[edit]

  1. ^Hoover's. "Frontier Communications Corporation". Company profiles. Austin, Texas. Archived from the original on 2013-01-25. Retrieved 2011-03-28. Alt URL
  2. ^"Form 8-K Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers". sec.gov. Retrieved 3 May 2021.
  3. ^"Frontier Appoints Sheldon Bruha Permanent Chief Financial Officer". businesswire.com. Retrieved 7 June 2019.
  4. ^ abcdefg"Frontier Communications Corporation 2020 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. March 2021.
  5. ^"Service Regions". Frontier Communications. Retrieved 23 June 2019.
  6. ^"Citizens Utilities Company History". FundingUniverse. Retrieved May 9, 2017.
  7. ^(1994-12-30). "Citizens Utilities acquires telephone properties in California"Business Wire. Retrieved 2012-04-28.
  8. ^Citizens Telecommunications Company of California FCC Corporate History. Retrieved 2012-04-28.
  9. ^(1995-06-30)."Citizens Utilities acquires Alltel properties in West Virginia and Oregon"Business Wire. Retrieved 2012-04-28.
  10. ^(1996-04-01) "Citizens Utilities Acquires Alltel's Nevada Properties"Business Wire. Retrieved 2012-04-28.
  11. ^"Citizens Utilities in $1.65 billion deal with US West". The New York Times. 1999-06-18. Retrieved 2012-04-28.
  12. ^(2001-07-21). "Qwest cancels deal to sell phone lines"Archived 2013-06-12 at the Wayback MachineBrainerd Dispatch. Retrieved 2012-04-28.
  13. ^"Atmos Picks Up Citizens' Louisiana Distribution Assets". naturalgasintel.com.
  14. ^"American Water Works Company Completes Acquisition of Citizens Utilities Water and Wastewater Assets". wwdmag.com.
  15. ^"Kinder Morgan to buy Citizens' Colorado gas division". Denver Business Journal.
  16. ^"Gas Company sold in $115 million deal". Honolulu Star-Bulletin Business.
  17. ^"Az. utility deal means 21-22% rate increases". Tucson Citizen.
  18. ^Administrator. "Vermont Electric Coop, About Us, About VT Electric Coop, Vermont Electric Cooperative History". Vermont Electric Coop.
  19. ^"American Public Power Association - Overview of Investor-Owned Utilities". American Public Power Association. Archived from the original on 2015-02-27. Retrieved 2015-02-27.
  20. ^"State of New York Public Service Commission, April 25, 2001"(PDF). Archived from the original(PDF) on 21 May 2004. Retrieved 21 December 2020.
  21. ^Foster, J. Kyle; van de Hoef, Marcel. "Citizens Communications to Buy Commonwealth Telephone (Update5)". Bloomberg. Retrieved 2015-05-13.
  22. ^"Company press release". Phx.corporate-ir.net. Retrieved 2012-09-04.
  23. ^"Citizens Communications Company Changes Name to Frontier Communications Corporation. (Press Release)". Reuters.com. Archived from the original on 2015-06-02. Retrieved 2012-09-04.
  24. ^"News Releases". Phx.corporate-ir.net. Jul 31, 2008. Retrieved 2012-05-15.
  25. ^Hansell, Saul (2009-05-13). "Frontier to Buy Verizon Lines for $8.5 Billion". The New York Times. ISSN 0362-4331. Retrieved 2019-07-03.
  26. ^Murawski, John (2010-07-01). "Frontier phone switch starts". The News & Observer. Archived from the original on 2010-07-04. Retrieved 2010-07-01.
  27. ^"Frontier acquires Verizon wireline assets in 3 states for $10.5B". FierceTelecom. Retrieved 2019-07-03.
  28. ^"Frontier Communications to Acquire AT&T's Wireline Residential and Business Services and Associated Assets in Connecticut". Archived from the original on 21 December 2013. Retrieved 17 December 2013.
  29. ^Benjamin, Romano (May 29, 2019). "Northwest broadband investors buy regional Frontier Communications assets serving 350,000 customers". Seattle Times. Retrieved 23 June 2019.
  30. ^"Born from $1.35B deal with Frontier, new internet provider Ziply Fiber gears up for launch". GeekWire. 17 March 2020. Retrieved 21 December 2020.
  31. ^"Ziply Fiber completes acquisition of Frontier". bizjournals.com. May 1, 2020.
  32. ^Brodkin, Jon (2020-01-20). "Frontier, an ISP in 29 states, plans to file for bankruptcy". Ars Technica. Retrieved 2020-01-22.
  33. ^"Frontier Communications files for bankruptcy protection". Reuters. 2020-04-15. Retrieved 2020-04-15.
  34. ^Conrad, Roger (2020-05-22). "Frontier Communications: Chapter 11 Is No Protection". Forbes.
  35. ^Butcher, Rob (2010-07-01). "Goodbye Verizon FiOS, Hello Frontier Communications". Kirkland Views. Archived from the original on 2016-03-10.
  36. ^"Frontier: No Changes For FiOS, DirecTV Customers For 9-12 Months - 2009-05-14 18:26:00 | Multichannel News". Multichannel.com. Retrieved 2012-05-15.
  37. ^"News and information for McMinnville and Yamhill Valley, Oregon - wine country newspaper". NewsRegister.com. Retrieved 2012-05-15.
  38. ^"Frontier plans substantial rate hike for FIOS TV". Wane.com. Archived from the original on 2013-05-23. Retrieved 2012-05-15.
  39. ^"Updated: Frontier's Fiber Mess: Company Losing FiOS Subs, Landline Customers, But Adds Bonded DSL". Stop the Cap!. 2011-08-16. Retrieved 2012-05-15.
  40. ^"Frontier Communications". ConsumerAffairs. Retrieved 2016-01-01.
  41. ^Gottesman, Ben Z. (May 28, 2019). "Readers' Choice Awards 2019: Internet Service Providers (ISPs)". PCMAG. Retrieved 19 September 2019.
  42. ^"Frontier Internet Frontier communications wv bill pay. Cord Cutting. Retrieved 2016-08-11.
  43. ^"Frontier to pay $150M to West Virginia to settle lawsuit over broadband speed". FierceTelecom. Retrieved 2019-07-03.
  44. ^Johnson, Shauna (2015-12-11). "Frontier responds to $160M settlement over slower-than-advertised internet speeds". West Virginia Metro News. Retrieved 2016-04-14.
  45. ^Brodkin, Jon (2019-07-02). "Frontier customer bought his own router—but has to pay $10 rental fee anyway". Ars Technica. Retrieved 2019-07-03.
  46. ^"Ice arena to be named for Frontier Communications - Spokesman.com - Sept. 22, 2011". Spokesman.com.
  47. ^ abRobuck, Mike (December 4, fnbalaska account login. "Frontier CEO McCarthy steps down; Han named as new CEO and president". FierceTelecom. Retrieved December 21, 2020.

External links[edit]

Источник: https://en.wikipedia.org/wiki/Frontier_Communications
frontier communications wv bill pay

Frontier communications wv bill pay -

News

Updated April 23, 2020

Download Printable PDF Version

On April 14, 2020, Frontier Communications filed for Chapter 11 bankruptcy. CWA leadership and staff are currently analyzing the company's proposed plan for bankruptcy and are consulting with bankruptcy attorneys at Cohen, Weiss and Simon LLP (“CWS”). This updated FAQ focuses on basic issues of concern to CWA members.

CWA leadership is evaluating a range of issues as they arise in this process which could potentially impact our members. CWA will continue to provide updates as information becomes available.

Question.

Is Frontier going out of business?

Answer.

No. Frontier is filing for Chapter 11 bankruptcy, which is a reorganization proceeding that gives companies an opportunity to restructure its operations and finances. In Chapter 11 bankruptcies, companies generally seek a seamless transition in operations upon a filing so the public does not recognize a break or difference in service.

Question.

What does Frontier plan to achieve in bankruptcy?

Answer.

Frontier’s plan is to eliminate a substantial portion of its debt, freeing up funds to invest and grow the business. The company’s bankruptcy plan (called a “Restructuring Support Agreement” that has been signed by a majority of their bondholders) will do the following:

  1. Reduce the current $17.5bn in outstanding debt by $11bn;
  2. Compensate the bondholders who own that $11bn in debt through a combination of stock in the post-bankruptcy company and a $750 million new bonds;
  3. Cancel 100% of current company stock and commit 100% of post bankruptcy stock to bondholders;
  4. Develop a plan which will enable the company to improve its operations and invest in fiber and other critical technologies.

This plan must be approved by the bankruptcy court and a vote of various classes of creditors before it can take effect. The bankruptcy exit plan will also be reviewed by state regulators. The company predicts the process could take into early 2021 to complete.

Question.

Will my pay and benefits be affected by the company’s bankruptcy filing?

Answer.

Frontier has communicated to its employees that pay and benefits will continue as normal during the bankruptcy process and has received approval from the bankruptcy court to continue to run the business in the normal course. We do not expect employees to see any interruption in their normal pay and benefits during the bankruptcy process.

Question.

Will my protections under the collective bargaining agreement be affected by the company’s bankruptcy filing?

Answer.

Frontier has not engaged CWA to renegotiate our contracts and the company’s plan for bankruptcy does not specify that the company is seeking any specific changes to our contracts. Frontier representatives have reaffirmed their intent to maintain our contracts to the bankruptcy court.

If the company did seek to make changes to our contracts, they would first be required to negotiate with CWA. If the bargaining process did not result in an agreement, the company could at that point ask the bankruptcy court for the authority to reject our CBAs and impose the company’s final offer. In that case, CWA would have the opportunity to argue against rejection and present evidence in a trial in the bankruptcy court.

Question.

Will my pension be affected by the company’s bankruptcy filing?

Answer.

The ongoing accrual of pension benefits is determined by the collective bargaining agreement and therefore subject to the same protections and process as described above. Frontier’s bankruptcy plan does not specify that the company is seeking changes to our pension benefits.

Because Frontier’s pension plan is not currently fully-funded, federal law prohibits the plan from paying lump sum distributions to employees who retire while the company is in bankruptcy. However, Frontier has recently amended its pension plan to allow any retirees that were required to select an annuity as a result of the bankruptcy to go back and select a lump sum distribution once the company has emerged from bankruptcy. There are similar provisions governing death benefits.

Question.

What role will CWA have in Frontier’s bankruptcy?

Answer.

CWA has secured a seat on the “Unsecured Creditors Committee” (UCC). This committee is appointed by the United States Trustee, a government official, to represent the interests of creditors who are owed money but do not have a lien or mortgage on the company’s property to secure their debt. As a group, this committee monitors the bankruptcy proceedings, appears in court to present the views of the committee, negotiates over a plan of reorganization, and can conduct investigations into the Company’s actions.

Brief Background on Bankruptcy Proceedings

(originally posted February 7, 2020)

Question.What is a bankruptcy?
Answer.

A bankruptcy is a legal proceeding with a special set of rules governing a company’s rights and obligations (as well as the rights and obligations of creditors and other parties) after the company files a bankruptcy petition.

The laws governing a bankruptcy are contained in the U.S. Bankruptcy Code. Bankruptcy proceedings are supervised by the U.S. Bankruptcy Courts. The parties impacted by the bankruptcy filing (for example, Frontier and CWA members) must follow the rules of the bankruptcy court.

Question.What are the differences between a Chapter 11 and Chapter 7 bankruptcy?
Answer.

Chapter 11 filing is a reorganization proceeding that is intended to give a company an opportunity to restructure its operations and finances and emerge from bankruptcy pursuant to a plan of reorganization. In Chapter 11 bankruptcies, companies tend to seek a seamless transition in operations upon a filing so the public does not recognize a break or difference in service. In a Chapter 11 bankruptcy proceeding, a company may attempt to reorganize its operations in a “stand-alone” reorganization or to sell some or most of its assets as a going concern, often referred to as a “Section 363” or “363” sale. A company that has filed a Chapter 11 petition is often referred to as the “debtor” or “debtor-in-possession” (“DIP”)

A Chapter 7 filing is a liquidation proceeding where a company terminates operations. A trustee rather than management has ultimate responsibility for administering the company and its liquidation.

Question.

What are the rights a company obtains when it files for Chapter 11?

Answer.

The “debtor,” obtains the right to ask the bankruptcy court for the right to sell assets and “reject” otherwise binding contracts.

Immediately upon a bankruptcy filing, there is a stop of most creditors’ efforts, known as an “automatic stay,” to collect on their debts and most lawsuits. Debts become what are called bankruptcy “claims.” This process gives the Company a chance to save its cash and restructure or sell assets in an organized way with some “breathing room” from creditors seeking to collect debts and pursue lawsuits.

Question.

What are exceptions to the automatic stay?

Answer.

Exceptions to an automatic stay include certain “First Day Orders,” (meaning orders presented at the first court appearance after filing for bankruptcy) which may allow the company to pay various prepetition bankruptcy “claims” as they come due instead of waiting for the end of the case. There is usually a First Day Wage and Benefit Order authorizing the payment of most employee-related obligations earned before the bankruptcy filing.

While most litigation is placed on hold, grievance and arbitration proceedings under a CBA may go forward, although any monetary damages (for example, back pay) are usually dealt with in the bankruptcy process, and most government regulatory proceedings (like the Labor Board) go forward.

Question.What happens in the Chapter 11 bankruptcy process?
Answer.

When a company files a petition for Chapter 11, the automatic stay takes effect and the company immediately comes under the supervision of the Bankruptcy Court. The Company must file motions and seek the approval of the Bankruptcy Court to take any actions that would be different from their “ordinary course of business.” CWA would have the right to weigh in on any motions filed by Frontier

The company ultimately negotiates a Plan of Reorganization (“POR”) with creditors and other involved parties in the bankruptcy. The POR is a legal document that provides how the company will pay creditors and how it will be governed following emergence from bankruptcy.

Question.What happens to a union contract during bankruptcy?;
Answer.

There is a complex process under Section 1113 of the Bankruptcy Code that would govern any motion “to reject” a labor contract, and to the extent it ever becomes relevant we will report further on Section 1113.

Under bankruptcy, the company can ask the bankruptcy court for the authority to reject otherwise binding contracts, including collectively bargained agreements, but must engage in a period of bargaining when seeking to reject a labor contract. The union would have an opportunity to argue against rejection and present evidence in a trial in the bankruptcy court.

In the case where the CBA is rejected, a company’s last bargaining offer would be implemented as terms and conditions of employment, but generally, unions would then have the right to strike. The company would ultimately be required to bargain over the terms of a new contract. In this case, since CWA has multiple CBAs with Frontier, the company could chose to seek rejection of individual contracts or all of the contracts with CWA. Thus, Frontier could chose to seek to reject just a particular local contract but we are not aware of such approach in past cases because in the context of multiple contracts with locals of the same international, usually each contract has the same type of provision that the company wants to change across the board. If considering seeking rejection of a labor contract, a company usually wants some type of coordinated bargaining with the international involved.

Companies in bankruptcy often have good reason to avoid re- opening bargaining. Companies under Chapter 11 typically seek to maintain operations and avoid disruptions during bankruptcy while they secure funding and seek an exit out of bankruptcy.

Question.How is the Plan of Reorganization approved?
Answer.

The company’s management has the exclusive right to file a POR for the first 120 days after filing the bankruptcy petition, although the bankruptcy court may shorten or extend that time period.

Before a POR may take effect, it must be approved by the bankruptcy court and be approved by a vote of various classes of creditors.

Question.How does a company fund its operations while in bankruptcy?
Answer.A debtor often seeks new financing, called Debtor In Possession (“DIP”) Financing, to pay for the operating needs of the company.
Question.What is the role of the bankruptcy judge?
Answer.

The judge oversees the bankruptcy legal process and must review the debtor’s decisions, including any requests for confirming a POR, rejecting contracts, or selling substantial assets. The judge is required to follow and implement the bankruptcy law.

Bankruptcy Judges do not manage or administer the business of the Company in bankruptcy. They only interpret the bankruptcy law in relation to the motions brought before them.

Question.Who else is involved in a company’s bankruptcy filing?
Answer.

The “unsecured creditors” (creditors who are owed money but do not have a lien or mortgage on the Company’s property to secure the debt) usually have a formal role in a Chapter 11 bankruptcy.

An official body called the Unsecured Creditors’ Committee (“Committee”), usually consisting of the seven largest unsecured creditors, is appointed by the United States Trustee, a government official, to represent the interests of unsecured creditors. As a group, the Committee monitors the bankruptcy proceedings, appears in court to present the views of the Committee, negotiates over a plan of reorganization, and can conduct investigate the Company’s actions.

In the event Frontier does file for bankruptcy, CWA will attempt to be appointed a member of the Unsecured Creditors Committee appointed in the Frontier case. CWA and its professionals — including our bankruptcy attorneys, CWS —would be monitoring all of the court proceedings.

Questions Related to Bargaining/Pay/Pensions/Benefits

Question.What happens if Frontier declares bankruptcy before or during bargaining?
Answer.There is no change to the rules under which unions and employers negotiate new agreements when the employer is in bankruptcy, unless and until the Company invokes an attempt to reject the labor contract.
Question.Will CWA and Frontier bargain expiring contracts during the bankruptcy proceeding?
Answer.Yes.
Question.How will an employee’s pay and benefits be impacted by the Bankruptcy?
Answer.Assuming Frontier files first day motions to continue to run the business in the normal course, all employees should expect to receive their usual pay and benefits during the bankruptcy proceedings. The CBAs remain in effect unless and until the Court approves any changes to them.
Question.Does Frontier’s bankruptcy filing terminate the pension plan?
Answer.No. While underfunded pension plans sometimes terminate during bankruptcy proceedings, a company’s bankruptcy filing by itself does not terminate a pension plan.
Question.How would bankruptcy affect my pension plan?
Answer.

Benefits Already Earned:Generally, all earned benefits under a traditional, defined-benefit pension are protected under federal law and must be paid in full.

However, an employer can apply for a distressed termination under the Pension Benefit Guarantee Corporation (“PBGC”) if:

  1. The pension plan does not contain enough assets to pay benefits, and
  2. The employer proves that it cannot remain in business while maintaining operation of the

Under a distressed termination, the PBGC takes over the administration of the plan and pays all benefits up to a maximum guaranteed amount. If a labor contract requires contributions to a defined benefit pension plan, the Company would also have to seek relief from the labor contract in order to terminate a pension plan.

It’s important to remember that Federal law requires that money contributed towards financing a pension plan be kept in a trust separate from other business assets. These trust assets may not be used to pay off other debts in the bankruptcy process.

PBGC 2020 Maximum Monthly Guarantees for Single Employer Plans

Age at Retirement

Monthly Guaranteed Amount
(Straight-Life Annuity)

55

$2,615.63

60

$3,778.13

65

$5,812.50

70

$9,648.75

Under federal law, lump sum payments generally are not available when a company files for bankruptcy and the plan is not 100% funded. It is rare for a plan to be 100% funded and the most recent disclosures from the company indicate that the Frontier plan is funded at 92.91 percent. Pension plans that are terminated and then administered by the PBGC, likewise will not offer lump sum distributions to retirees. PBGC plans do offer joint-and-survivor annuity options.

It has been our experience that these PBGC guaranteed amounts cover earned benefits for most CWA members, depending on their age at retirement.

Future Benefits: Filing for bankruptcy does not necessarily mean a change to your future benefits under the pension plan.

Under Chapter 11 bankruptcy, a company may or may not seek changes to the pension plan (or any other employee benefit plan) during the bankruptcy. Employers are required to negotiate with represented units for any changes to active benefit plans, either under the normal rules of bargaining or the rules governing attempts to reject a collective bargaining agreement.

Question.What is the Pension Benefit Guaranty Corporation (“PBGC”)?
Answer.The PBGC is a federal agency created by the Employee Retirement Income Security Act of 1974 (ERISA) to protect pension benefits in private sector defined benefit plans — the kind that typically pay a set monthly amount at retirement. The PBGC receives no taxpayer dollars. Instead, its operations are financed by insurance premiums, investment income and assets and recoveries from failed single-employer plans.
Question.What happens when a pension plan is terminated and transferred to PBGC?
Answer.

When an underfunded pension plan is terminated and transferred to PBGC, it will notify plan participants and beneficiaries and provide information about their plan and about PBGC. While we do not know for sure, we have no basis to conclude that the Frontier pension plan will be terminated during the bankruptcy.

If the pension plan is insured by the PBGC and it is terminated without sufficient money to pay all benefits, PBGC’s insurance program will pay you the benefit provided by your pension plan up to the limits set by law and subject to any other legal requirement, as set forth above.

If you have not yet retired, your payments will begin when you become eligible and apply for pension benefits.

Question.Are Frontier’s pension plans insured by PBGC?
Answer.

Yes.

Frontier may have an option to amend the pension plan after bankruptcy to permit individuals to reapply for their lump sums. CWA is continuing to analyze all options that may be available. Click here to learn more about the impact of Frontier's bankruptcy on future lump sum payments.

Question.Will a plan termination affect annuity payments?
Answer.No. The termination of the pension plans does not affect purchased annuities. The annuities will continue to be paid by the insurance company who is responsible for those benefits.
Question.Will retired employees continue to receive their monthly pension?
Answer.As of today, the union pension plan remains intact and, therefore, retired employees will continue to receive monthly annuity payments.
Question.What will happen to our other benefits, including insurance?
Answer.

At this time, all terms of the CBA remain in effect. Thus, to the extent any insurance plan or other benefit is a benefit set forth in the CBA, the benefit remains in effect.

If it files for Chapter 11 bankruptcy, Frontier does have the ability to request changes to the CBA, but until and unless it makes any such request to the bankruptcy court, and the request is granted, there will be no changes to any benefits.

Question.Should you file a claim for monetary damages if you believe you are owed funds?
Answer.At this time there is no need to file a claim for monetary damages against Frontier. If Frontier does indeed file for bankruptcy, the bankruptcy court will set a deadline for filing claims, called a “bar date,” and instructions and probably forms will be distributed. We expect that the CWA will file claims on its behalf as its members, including grievances, but will provide more information if there is a bankruptcy and when a bar date is set.
Question.Whom should participants call with additional questions about their pension benefits?
Answer.

The PBGC’s customer contact number is (800) 400-7242.

Customer Service is open between 8am and 7pm Monday - Friday, except holidays.

There may also be a number at the pension plan.

Additional Questions Related to Future Lump Sum Pension Payments

Question.If I choose to retire prior to the company filing for bankruptcy, can I receive my pension as a lump sum?
Answer.Yes, however, you must have an “annuity start date” before the commencement of the bankruptcy.
Question.How do I obtain an annuity start date?
Answer.An annuity start date is the first of a month (such as March 1, 2020). Your employment separation/retirement date must be before your annuity start date (for example, February 28, 2020 for a March 1, 2020 annuity date), so notify your manager you are retiring as of a date that is before the annuity start date that you want. Also, you have to be sent a pension election package before your annuity start date. The package (“417 Notice”), notifies you, in writing, of the present value of your pension and allows you to elect the lump sum. Lastly, you must return your election promptly to ensure that a check can be cut within 90 days.
Question.How do I get a pension election package/417 Notice?
Answer.If you call the Milliman Service Center (866-333-2074 option 1) you will usually be sent a package/417 Notice in about three weeks (too late for a March 1, 2020 annuity start date). However, most participants (about 90%) can go on the pension website (www.Millimanbenefits.com) and download or print their own packages/417 Notices the same day. By going on the website, there is still time to generate your package/417 Notice before March 1, 2020.
Question.Who will assist me if I am having trouble using the website?
Answer.You can also call the Milliman Service Center (866-333-2074 option 1) to receive assistance.
Question.What if I previously requested a package/417 Notice by phone and have not received it?
Answer.Milliman advises that it is working to send March 1, 2020 packages/417 Notices before March 1, 2020 to all employees who requested them by yesterday, February 24, 2020. However, if you want to be sure, you can go on the pension website (www.Millimanbenefits.com) and generate your own package/417 Notice before March 1, 2020. You can also call the Milliman Service Center (866-333-2074 option 1) to receive assistance.
Question.What happens if I do not receive an annuity start date before Frontier files for bankruptcy?
Answer.Under federal law, lump sum payments are not available for annuity start dates that are on or after a company files for bankruptcy (unless the plan is 100% funded). It is rare for a plan to be 100% funded. In Frontier’s view, the suspension of lump sum payments is not Frontier’s choice, but is a requirement of federal law.

As you can see, CWA and its bankruptcy attorneys and other professionals with bankruptcy experience and expertise are monitoring all developments related to Frontier and will advise you of future developments.

Источник: https://cwa-union.org/news/faq-on-frontier-bankruptcy

Concerns raised on Frontier

CHARLESTON — The West Virginia Public Service Commission could approve Frontier Communication’s bankruptcy reorganization plan next month, though Frontier plans to use its winning bid of federal rural broadband dollars to sweeten the deal, raising concerns.

Last Friday, the PSC made available the joint stipulation and settlement agreement between Frontier, PSC staff, and PSC Consumer Advocate Division, and the Communication Workers of America union. If approved by the full commission on Jan. 19, West Virginia would be the 11th state to accept Frontier’s bankruptcy reorganization plan.

According to the proposed agreement, Frontier’s operations in West Virginia would be known as “InvestCo.” As part of the designation, Frontier agreed to voluntarily deploy gigabit broadband services to no less than 150,000 locations in West Virginia by Dec. 31, 2027.

The locations will allow Frontier to deploy fiber to homes and businesses when people subscribe, also called FTTP. Frontier set a goal of FTTP broadband deployment to 75,000 locations three years after they emerge from bankruptcy, which is expected in early 2021.

“Frontier is pleased to have worked collaboratively with West Virginia Public Service Commission staff, the Consumer Advocate Division, and the Communications Workers of America to create a settlement agreement that affirms our commitment to serve West Virginia and brings significant benefits to our customers and the state,” said Allison Ellis, senior vice president of regulatory and government affairs for Frontier Communications.

On page four of the proposed settlement, Frontier said projects part of the Federal Communication Commission’s Rural Digital Opportunity Fund auction would count towards their FTTP goal. Frontier was one of nine companies selected earlier this month to expand high-speed internet to unserved parts of West Virginia.

Combined, these companies will receive $362.1 million through the auction for projects in 119,267 Census tracts. Frontier was the largest recipient of RDOF dollars, winning $247.6 million.

“The FTTP locations to fulfill this commitment may include any locations awarded to Frontier pursuant to the Federal Communication’s Rural Digital Opportunity Fund,” according to the proposed settlement. “As soon as practicable after February 1, 2021, but subject to Federal Communications Commission disclosure limitations, Frontier agrees to provide its West Virginia RDOF bidding information to the parties on a confidential basis.”

State and federal lawmakers have raised concerns about Frontier’s winning bid in the RDOF auction based on previous experience with the phone and internet provider. Members of the West Virginia Senate and the House of Delegate’s Technology and Infrastructure Committee — a bipartisan group — wrote separate letters to the FCC last week asking for the federal agencies to closely scrutinize the Frontier RDOF bid. The letters are similar to a letter to the FCC sent two weeks ago by U.S. Sen. Shelley Moore Capito, R-W.Va.

Del. Daniel Linville, R-Cabell, is the new chairman of the House Technology and Infrastructure Committee and a member of the West Virginia Broadband Enhancement Council. He said he is concerned about Frontier repeating the mistakes of the past.

“It is tremendously important that all West Virginians have access to reliable high-speed broadband internet service.,” Linville said. “As Frontier works to emerge from bankruptcy, it is of the utmost importance that any settlements include accountability measures to ensure performance.

“Fiber to the premises for tens of thousands more West Virginians — beyond those included in the Rural Digital Opportunity Fund — is something we all would favor,” Linville continued. “If any settlement is approved by the Public Service Commission, I hope they will include the measures necessary to make sure Frontier keeps its promises.”

In 2009, the state applied for a $126 million stimulus grant through the Broadband Technology Opportunities Program for broadband expansion in West Virginia. Frontier, the sub-recipient of the grant, was supposed to build middle-mile fiber connections and allow competitors to also access these lines at lower rates.

Frontier was accused by the Inspector General’s Office for the U.S. Department of Commerce for marking up invoices to the state by as much as 35 percent and charging the state millions in indirect costs that were not allowable. The West Virginia Legislature passed Senate Bill 1026 last year to move $4.6 million from the West Virginia Treasurer’s Office unclaimed property line item to the state general fund to repay the federal government.

A lawsuit was brought in 2014 by Bridgeport-based Citynet — also a winning bidder in the RDOF Phase I auction — accusing Frontier of allegedly misusing $40.5 million in federal grant funding to build a statewide broadband network only benefiting Frontier. That lawsuit is ongoing.

Frontier filed for Chapter 11 bankruptcy in April in an effort to reorganize $10 billion in debt and $1 billion in interest expenses. In a PSC order dated Aug. 30, 2018, Frontier was required to undergo an audit after the CWA filed a complaint seeking a review of Frontier’s copper network and infrastructure, as well as revenue since acquiring Verizon Inc. in 2010. A order in the case will be released in the near future.

“We look forward to a prompt approval of our application by the PSC so that Frontier can move forward in successfully completing its Chapter 11 restructuring and get to work on delivering services and creating benefits for West Virginia and our customers,” Ellis said.

A spokesperson for the PSC said there would be no comment until after the commission meets Jan. 19 and makes a decision to accept the proposed settlement or not, issuing an order on the case.

(Adams can be contacted at [email protected])

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Источник: https://www.weirtondailytimes.com/news/local-news/2020/12/concerns-raised-on-frontier/

MYFRONTIERsm ACCOUNT

Frontier MilesElite StatusEarn MilesUse MilesFrontier CardFamily Pooling

A myFRONTIER account is your one-stop-shop with us. With a myFRONTIER account, you can track your miles, view your status, set your travel preferences and more! Best of all you can discover the best ways to save more and get more with us!

YOUR FRONTIER EXPERIENCE. YOUR WAY.

myFRONTIER is where you can manage your account, Frontier preferences and memberships. You are automatically enrolled for an account when you sign up for FRONTIER Milessm or Discount Den®, and when you apply for the Frontier Airlines Mastercard®.

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With a myFRONTIER account you can save your booking details, including passenger, payment and travel preferences and information.

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Your myFRONTIER account is customizable and personalized just for you. Track your FRONTIER Miles progress, earn status benefit badges and much more. Even arrange your profile by what is important to you!

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Enjoy our new and interactive experiences with your myFRONTIER account. Check out some of the features:

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Which Elite Status benefits have you earned?

HOW FAR HAVE YOU GONE?

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DISCOUNT DEN®

Manage your Discount Den® membership and check out your benefits.

Источник: https://www.flyfrontier.com/myfrontier/?mobile=true

Frontier’s Bankruptcy: What Does it Mean for Customers?

What is bankruptcy?

If you’ve ever played Monopoly or watched Wheel of Fortune, bankruptcy might seem like the end of the line for a business. Fortunately, this isn’t usually the case. Bankruptcy occurs when a company can no longer pay its debts. There are several kinds of bankruptcy (the kind where an entire business is liquidated is Chapter 7), but the kind that Frontier filed for is known as Chapter 11 bankruptcy.

Chapter 11 is probably the most complicated form of bankruptcy, which involves the courts restructuring the company’s debts and obligations so that those who are owed money can be paid back. Companies who file for bankruptcy can usually stay open and keep running. In fact, continuing normal operations is often a central part of the court’s plan for getting the company to pay back its debtors, which is also good news for customers.

Although Bankruptcy can be the end of the road and often means selling off assets, companies can bounce back and even emerge stronger than they were before. Some examples of successful companies that once went bankrupt include GM, Chrysler, and Marvel Entertainment (before they started making movies). American Airlines, Delta, and United have also all filed for bankruptcy at one point in time.

Источник: https://www.highspeedinternet.com/resources/frontier-bankruptcy

Frontier Communications Deals and Promotions

Best Frontier Internet Deals Right Now

Frontier’s internet service offers overall great value plans in the form of superfast fiber-optic and old-but-still-good DSL internet. For a limited time, Frontier offers $700 in stocking stuffers, including:

  • $200 Visa Rewards Card
  • Amazon’s eero Pro 6 whole-home Wi-Fi system
  • Waived activation fee
  • Three-year price guarantee

The best features of all Frontier plans include:

  • No Data Caps – This is pretty common in today’s internet age. An internet plan would be severely limited with data caps in the age of streaming and live broadcasting. Frontier does not limit its customers or throttle them after a certain amount of usage.
  • Frontier Secure – Frontier provides protection for your privacy through Frontier Secure. It gives you access to a cloud “safe” for all of your passwords, usernames, and credit information with one master password.

Frontier Internet-only Deals

Frontier now includes a free router with each internet plan. By dropping the $10 monthly user fee for routers, customers now save $120 per year. If you have access to Frontier FiberOptic, you can get a $200 Visa gift card with the FiberOptic gigabit plan, or receive a $100 gift card with the 500/500 plan.

Frontier also offers price for life and price-lock deals. While the former extends to the plan with only 9 Mbps of upload speed, the $37.99 per month price tag is set for life. On the other end of the spectrum, Frontier offers a three-year price guarantee of $79.99 per month on its 940 Mbps plan.

Frontier offers free activation when you sign up for internet service online. Ordering online also includes your router free of charge.
Small business owners get deals by bringing employees together under Frontier Internet for Business, a 500 Mbps plan for $95.99 per month.

Frontier Internet Fees

Each Frontier plan includes a monthly $5 autopay and paperless discount in the advertised price. The monthly equipment fee is also included in the price for the first 12 months of service. Afterwards, expect to see an additional $10 charge for your equipment on your monthly bill.

Your first month’s bill will include an $85 activation fee if you choose Frontier Internet. Frontier FiberOptic customers can get the activation fee waived by ordering service online.

You won’t have to worry about data overage fees or an early termination fee since all Frontier internet plans have unlimited data and are contract-free. However, there is a $10 cancellation fee when you cancel service.

Frontier Bundle Deals

Frontier customers with high-speed internet can also add unlimited monthly Wi-Fi service that works at various Frontier locations and hotspots for just $9.99 per month.

Frontier no longer offers its own TV service to new customers. Instead, Frontier partners with satellite TV providers DISH TV and DIRECTV to bring entertainment channels like Disney, ESPN, and Discovery together with internet service to create a package deal. Both DISH TV and DIRECTV offer live streaming services that go well with Frontier’s unlimited internet plans.

Frontier also offers home telephone service as an add-on to its internet packages. Features include call waiting, call forwarding, three-way calling, caller ID, and voicemail.

Additionally, Frontier Secure offers a HomeShield bundle across your internet devices and connections. Specifically, the bundle offers:

  • Multi-Device Security for up to 10 devices along with a web-based device management console. Frontier offers this service free to new customers.
  • Content Anywhere for up to 100 GB of cloud storage capacity
  • Password Manager to make browsing, shopping, and banking online easier and more secure with a single master password
  • Identity protection for one adult that provides personal digital safety and security with credit bureau, global ID and Social Security number monitoring

Frontier Secure costs $8 per month.

Frontier Communications Discounts

Frontier offers a discount for those with fixed or low incomes through Lifeline. While uncommon, Frontier also offers two programs with discounted rates on internet service for health-care professionals serving rural areas or residents of rural areas: Healthcare Connect Fund and Telecommunications Program.

The details regarding the programs are somewhat confusing, but the main requirement is serving/being partnered with a health-care provider or facility tending to rural residents. The first step in applying is creating an account with the Universal Service Administrative Co. (USAC). The download forms are available on usac.org/rural-health-care.

How to Lower Your Frontier Bill

Regardless of the Frontier plans currently available, keep in mind a few guidelines to keep your bill as low as possible:

  1. Keep an eye out for early termination fees (ETFs). When you sign a contract with Frontier, make sure you’re able to commit to the term in the agreement. If you cancel your service early, you may be hit with a high fee for backing out.
  2. Consider buying your own modem and router. Frontier offers internet equipment free for your first 12 months of service. You’ll have to pay $10 per month afterwards, unless you buy your own equipment. The average price for a modem and router combo, or gateway, is usually less than the yearly price you’ll pay for renting Frontier’s equipment.
  3. Determine the Frontier speed you need. The needs of someone who just uses the internet to check email varies vastly from those who run multiple high-definition streams at the same time. While the deals and speeds vary based on your location, recognizing your usage needs is important to ensure you end up with a plan you’re happy with.
  • How fast is Frontier’s high speed internet?

    Frontier Internet speeds range between 9 Mbps and 940 Mbps.

  • Can I get internet service-only from Frontier?

    Yes, Frontier Internet-only plans start at $37.99 for 9 Mbps. Frontier’s fastest option costs $79.99 for 940 Mbps.

  • How much does Frontier FiberOptic cost?

    Frontier FiberOptic offers plans starting at $49.99 per month for up to 50 Mbps.

  • How much does it cost to disconnect my Frontier FiberOptic gig service?

    If you decide you no longer want your FiberOptic service, Frontier charges you a $10 disconnect fee.

Источник: https://broadbandnow.com/Frontier-Communications-deals

How to File a Complaint Against Frontier Communications

Learn your options to get your voice heard and make Frontier Communications pay

Start Now

Like most large corporations, trying to get through to a customer service representative at Frontier Communications can be an exercise in frustration. Fortunately, a dispute resolution specialist from FairShake can help you recover money lost because of statement overcharges. You can also fight back against fraud that includes deceptive sales tactics.

By this point, you have probably tried contacting the customer service department at Frontier Communications. You have wasted time waiting on hold, answering computerized voice questions, and if you were lucky, spending a little time with a live representative who did not take care of your issue.

Now, the time has come to expand the options you have when dealing with Frontier Communications. Contact FairShake today to learn more about filing a small claim and how to proceed with binding arbitration.

Read on to learn about different ways of filing a claim against Frontier, and what you should know about each:

File a Claim against Frontier Communications in Small Claims Court

What is Small Claims Court?

Although most large corporations such as Frontier Communications prohibit the filing of class action lawsuits against the company, you have the right to seek just compensation by filing a claim in small claims court. Read the fine print in the customer agreement you signed to determine how Frontier handles small claims court cases.

When Should You File against Frontier?

The answer is simple: You must have the time and the patience to see a small claims court case to its conclusion. Unlike binding arbitration, either party has the right to file an appeal in a small claims court case. This means a judge might issue a final decision until months, perhaps a couple of years after the start of a small claims court case.

How to File a Claim against Frontier Communications

Everything you need to know about filing a claim against Frontier is presented in the detailed FairShake Guide to Sue Frontier in Small Claims Court. If you follow each of the steps highlighted in the informative guide, you increase the chance of winning your case.

File a Claim against Frontier Communications with your Credit Card Provider

Is It Worth the Effort?

Yes, because every time you pay for something with a credit card, you and the company selling you a product agree to follow a clear set of rules established by the credit card company that issued you the card. Most credit card companies set strict guidelines to follow whenever a customer complains about overcharges, fraudulent charges, and product or a service paid for, but not provided.

If you follow the principle of “Document everything,” then you should be in good shape when it involves filing a claim against Frontier with your credit card provider. The first thing your credit card provider wants to see is proof that you took a financial hit because of a Frontier error or worse, negligence. You can expect to identify the charge, describe the claim, and submit evidence that substantiates your claim.

What Result Should You Expect?

The best case scenario is your credit card provider removes the charge from your balance. Frontier has the right to dispute any allegations by responding to a request sent by your credit card provider to justify a certain charge. Most credit card providers try to expedite the claims submitted by customers.

Access the FairShake guide on how to handle a dispute with Frontier Communications.

File a Complaint with the FCC

What is it?

The Federal Communications Commission (FCC) is a government agency that regulates much of Frontier’s business. The FCC provides an informal channel for consumers to submit claims and complaints against Frontier.

What happens to these claims depends on the internal procedures of the FCC. The FCC also provides a more formal complaint process, but agency charges a fee to use this service.

When to Try it

When you reach the end of your patience with Frontier, and want to make the FCC aware of your complaint. Remember that an FCC complaint is not a way to pursue compensation.

What You Need to Do

File an informal complaint against Frontier on the FCC’s public website by following the instructions here.

What to Expect

The last thing Frontier Communications wants is to have the government get involved with a customer dispute.  You might receive an offer to settle the dispute, before you take your complaint to the FCC. The FCC has broad powers when it comes to regulating telecommunication companies. One of the most influential regulatory actions is to levy a fine against Frontier.

 

File a Complaint with the Better Business Bureau

What is it?

The Better Business Bureau (BBB) and its local chapters are private organizations that collect and publish complaints against a wide range of companies. They are mainly funded by affiliate fees from businesses, and usually offer these business an opportunity to respond to consumer complaints.

When to Try It

Before you file a claim in small claims court or seek resolution of a dispute through binding arbitration, file a complaint with the BBB. Although the BBB does not have any legal power to force Frontier to settle your complaint, the leading consumer advocacy organization collects the complaints filed by other consumers. The more complaints, the more likely Frontier will try to settle your complaint.

What to Expect

This depends on whether Frontier Communications responds to its BBB complaints. If it does, you may receive a response directly from the company. The BBB might request documentation to support your complaint. Ultimately, it is up to Frontier whether the company chooses to offer compensation to settle your claim.

Participate in Binding Arbitration

Overview of Binding Arbitration?

Do you remember the fine print in the agreement you signed with Frontier? It states you cannot join a class action lawsuit. In addition, the agreement  states the company settles customer disputes through binding arbitration. With the help of a FairShake representative, you can seek just compensation in a timely manner through binding arbitration.

When is Binding Arbitration the Best Option?

Since binding arbitration decision is the final word of a dispute, you should consider filing for it soon after learning that Frontier misled you or violated a terms or service written into the contract you signed with the company. Binding arbitration grants petitioners more money than what you can get from a small claims court decision.

Contact a FairShake representative today to learn more about binding arbitration. You can brush on the process by visiting our website.

 


Take your complaint beyond customer service and get a real resolution.

Start Your Claim

Источник: https://fairshake.com/frontier-communications/file-a-complaint/

Verizon sells landlines in 14 states to Frontier in $8.6B deal

ByUSA Today

May 13, 2009, 1:21 PM

• 2 min read

NEW YORK -- Verizon Communications vz says it has reached a deal to shed its traditional telephone line business in 14 states in a deal worth $8.6 billion.

Frontier Communications ftr, based in Stamford, Conn., will be taking over the Verizon assets in an all-stock deal, the companies say.

The deal will triple Frontier's size and make it the nation's largest communications provider focused on providing voice, broadband and video services to rural markets and smaller cities.

Verizon said divesting the landlines will help it focus on its broadband, wireless and Internet businesses.

Maggie Wilderotter, Frontier's chairman and chief executive, said, "This is a truly transformational transaction for Frontier. With more than 7 million access lines in 27 states ... (we are) "confident that we can dramatically accelerate the penetration of broadband in these new markets. "

Under the deal, Verizon will create a separate company for the assets being sold. That company will simultaneously be spun off to shareholders and merged with Frontier. It will carry $3.3 billion of debt that will be assumed by Frontier.

The transaction is expected to close within 12 months, the companies said.

The deal gives Frontier 4.8 million access lines to residential and small business customers.

The deal includes Verizon's wireline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia and Wisconsin as well as some assets in California.

In its press release, Verizons says, "As of year-end 2008, these operations served approximately ... 2.2 million long-distance customers; 1.0 million high-speed data customers, including approximately 110,000 FiOS Internet customers; and 69,000 FiOS TV customers."

Not included in the Frontier deal are Verizon's wireline operations in Connecticut, Delaware, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas, Virginia and most of California.

Frontier says it expects to save $500 million annually, by leveraging existing networks and infrastructure. About 11,000 Verizon employees who support the landlines will move to Frontier with union contracts intact, Verizon said.


ABC News
Источник: https://abcnews.go.com/Business/story?id=7574975&page=1

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