Systems conversion and customer billing are on schedule
STAMFORD, Conn.--(BUSINESS WIRE)--
Frontier Communications Corporation (NYSE: FTR), the leading provider of
communications services to rural America, today announced a status
update on its transition activities in 14 states acquired from Verizon
Communications on July 1, 2010.
Thirteen states involved in the transaction are supported by a
stand-alone system carved out from Verizon. The only state requiring
conversion to Frontier systems at closing was West Virginia, where
Frontier is now the largest provider of communications services. “The
systems conversion in West Virginia has gone according to plan and on
schedule,” said Maggie Wilderotter, Chairman and CEO of Frontier. “This
week customers began receiving new Frontier-branded bills, which was a
key milestone in the conversion process.” The conversion team is also
actively and methodically addressing the backlog of orders inherited
from Verizon before the closing and orders that accumulated as with any
system conversion. “All of our employees, and especially those in West
Virginia, are going beyond the call of duty to help us execute this
short-term conversion so that we can focus 100 percent on expanding
broadband. This is especially true in West Virginia, which ranks 47th
in the nation for broadband availability. Its citizens deserve better
and will get it from Frontier,” said Mrs. Wilderotter.
The markets in the other 13 states that were part of the transaction
represent 87 percent of the acquired lines. In these markets, the
transfer of ownership has gone as expected and is on schedule. Frontier
intends to provide a full update on its conversion activities, marketing
programs and broadband expansion plan during its second-quarter 2010
earnings conference call on August 4, 2010 at 9:00 a.m. Eastern time.
Details regarding the call are available at www.frontier.com/ir.
About Frontier
Frontier Communications Corporation (NYSE: FTR) offers voice, High-Speed
Internet, satellite video, wireless Internet data access, data security
solutions, bundled offerings, specialized bundles for small businesses
and home offices, and advanced business communications Access Solutions
for medium and large businesses in 27 states and with approximately
14,600 employees. More information is available at www.frontier.com
and www.frontier.com/ir.
Source: Frontier Communications Corporation
Contact:
Frontier Communications Corporation
Steve Crosby, 916.206.8198
SVP,
Government and Regulatory Affairs
steven.crosby@ftr.com