The Traderszone Network

Published in TZ Latest News 5 September, 2017 by The TZ Newswire Staff

Why Frontier Communications Corp. Shares Lost 12% in August

Frontier Communications (NASDAQ: FTR) has delivered nothing but bad news since it spent $10.54 billion buying Verizon‘s former business in California, Texas, and Florida (CTF) in April 2016. That deal, which added 3.3 million voice connections, 2.1 million broadband connections, and 1.2 million FiOS video subscribers to Frontier, more than doubling its size, has been a disaster.

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