By John Celentano, Inside Towers Business Editor |
Frontier Communications (NASDAQ: FYBR) has emerged from bankruptcy with a new lease on its corporate life. The company is transforming its wireline network from mainly copper lines to fiber-to-the-premise (FTTP) deployments. The transformation will allow Frontier to deliver gigabit speed broadband services to consumers and businesses throughout its operating territory. In the process, it expects to drive new revenues and profits. Frontier’s wireline network today passes 15 million premises. This means that Frontier’s copper and fiber facilities pass by that many residences and businesses but only generate service revenues when they connect to those premises. The company has a total of 3.5 million consumer and business customer connections across 25 states, in three regional clusters in the West and Southwest, Midwest and Northeast, and the Southeast. Frontier points out that these regions have large populations that are among the fastest growing in the country and have high favorable broadband demand characteristics. At the end of 2Q21, its broadband-capable facilities passed 3.6 million premises, and 2.8 million broadband connections with 49 percent on fiber. Continue Reading |
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