About Frontier Communications
Frontier Communications is a company based in Norwalk (United States) founded in 1935 was acquired by Verizon in September 2024.. The company has 13,000 employees as of December 31, 2024. Frontier Communications offers products and services including Fiber Internet, TV and Streaming, and Phone Service. Frontier Communications operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Norwalk, United States
- Employees 13000 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Frontier Communications Parent, Inc.
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Annual Revenue
$5.94 B3.23as on Dec 31, 2024
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Net Profit
$-322 M-1210.34as on Dec 31, 2024
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EBITDA
$2.1 B6.16as on Dec 31, 2024
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Latest Funding Round
$23 M (USD), Grant
Sep 03, 2024
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Investors
Ares Management
& 5 more
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Employee Count
13000
as on Dec 31, 2024
- Acquired by
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IPO & Listings of Frontier Communications
Frontier Communications is a publicly listed company on the NASDAQ with ticker symbol FYBR in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Frontier Communications
Frontier Communications offers a comprehensive portfolio of products and services, including Fiber Internet, TV and Streaming, and Phone Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-speed internet using fiber optic technology
Cable TV and streaming options for entertainment
Voice communication and additional phone features
Funding Insights of Frontier Communications
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $23.0M
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First Round
First Round
(01 Sep 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Grant - Frontier Communications | Valuation |
investors |
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| Mar, 2018 | Amount | Debt – Conventional - Frontier Communications | Valuation |
investors |
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| Jan, 2018 | Amount | Debt – Conventional - Frontier Communications | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Frontier Communications
Frontier Communications has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Ares Management, Verizon and Fitch Ratings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Alternative asset investment management firm
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Founded Year | Domain | Location | |
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Access to government programs and development services is provided.
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Founded Year | Domain | Location | |
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Financial services are provided to consumers and corporations worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Frontier Communications
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Frontier Communications
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Frontier Communications Comparisons
Competitors of Frontier Communications
Frontier Communications operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Frontier Communications
Frequently Asked Questions about Frontier Communications
When was Frontier Communications founded?
Frontier Communications was founded in 1935 and raised its 1st funding round 77 years after it was founded.
Where is Frontier Communications located?
Frontier Communications is headquartered in Norwalk, United States.
How many employees does Frontier Communications have?
As of Dec 31, 2024, the latest employee count at Frontier Communications is 13,000.
What is the annual revenue of Frontier Communications?
Annual revenue of Frontier Communications is $5.94B as on Dec 31, 2024.
What does Frontier Communications do?
Frontier Communications was founded in 1935 and is headquartered in Norwalk, United States. Telecommunications services, including phone, Wi-Fi, hotspot, and fiber optic internet, are offered across the United States. Operations emphasize broadband and voice connectivity for residential and business customers. In 2021, annual revenues of 6.41 billion were recorded, alongside a net profit of 4.96 billion. The companys domain is frontier.com.
Who are the top competitors of Frontier Communications?
What products or services does Frontier Communications offer?
Frontier Communications offers Fiber Internet, TV and Streaming, and Phone Service.
Is Frontier Communications publicly traded?
Yes, Frontier Communications is publicly traded on NASDAQ under the ticker symbol FYBR.
Who are Frontier Communications's investors?
Frontier Communications has 6 investors. Key investors include Ares Management, Verizon, Fitch Ratings, JPMorgan Chase, and State of California.
What is Frontier Communications's ticker symbol?
The ticker symbol of Frontier Communications is FYBR on NASDAQ.
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