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Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Frontier Communications (FYBR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
DALLAS--(BUSINESS WIRE)--Frontier Communications Parent, Inc. (NASDAQ:FYBR): What's happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced it will report its fourth-quarter and full-year 2024 financial results after the market closes on Thursday, Feb. 20, 2025. Pending Acquisition by Verizon As previously announced on September 4, 2024, Verizon Communications Inc. (“Verizon”) and Frontier Communications Parent, Inc. entered into a definitive agreement for Ve.
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ). On November 13, 2024, Frontier Communications shareholders approved the merger agreement with Verizon, with approximately 63% of stockholders voting in favor of the merger. However, ten of Frontier's twelve largest shareho.
SAN DIEGO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
SAN DIEGO, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
SAN DIEGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
SAN DIEGO , Dec. 02, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ).
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened? Frontier received seven ConneCTed Communities grants from the Connecticut Department of Energy and Environmental Protection to expand access to high-speed, reliable fiber internet across Connecticut. The funding comes from Connecticut's portion of American Rescue Plan Act (ARPA) Capital Project Fund. Why it matters: In the past three years, we have delivered fiber internet access to over 1 million homes and businesses in Connectic.
I previously rated Verizon stock a hold due to risks from value segment cannibalization, limited cost-cutting potential, and balanced upside/downside risks. Verizon has a track record of overpaying and underdelivering on M&A deals, and I fear Frontier will be more of the same. Upside potential from Verizon's premium positioning is offset by risks from the M&A and management distraction, leading to a balanced risk-reward profile.
When Verizon Communications Inc. VZ announced plans to acquire Frontier Communications Parent, Inc. FYBR in September for $20 billion, some investors were likely eyeing potential gains from the company's dividends.