Frontier Adds 108,000 Fiber Subs in Q3
Frontier shareholders are set to vote on Verizon's bid to buy the company next week.
WASHINGTON, Nov. 5, 2024 – Frontier Communications added 108,000 fiber broadband customers in the third quarter, the company said Tuesday, up more than 19 percent from the same period last year and bringing its total to nearly 2.3 million.
The company built out 381,000 additional fiber passings, hitting 7.6 million. Frontier shed 61,000 customers from its copper infrastructure.
Frontier is in the process of being acquired by Verizon in a $20 billion deal, but the transaction is in hot water after several Frontier shareholders have come out against the deal in recent weeks. They’ve argued the company is worth more than Verizon is slated to pay for it.
