Frontier Communications (FTR) → Stock, financial statements
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Frontier Communications

0.2175 USD 0.00 (-1.36%)
Apr 17 🇺🇸 NASDAQ FTR
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  • FTR Ticker
  • 🇺🇸 NASDAQ Exchange
  • 21,200 Employees
3 rated
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It provides services in specialized telecommunications, telephone, Internet, and works on fiber-optic networks. One of the largest companies in this industry in the United States. It sponsors many sporting events, supports professional sports, and provides telecommunications services for urban, suburban, and rural residents. It offers broadband Internet access, computer technical support for medium and small businesses. It is one of the largest pay TV providers in the United States.

Due to the drop in demand for the most popular service, the transmission of information data over fiber-optic networks, the company is suffering huge losses. Representatives of the company appealed to their creditors with a request to restructure a large debt, in connection with the announcement of bankruptcy proceedings.