Frontier Communications to sell some assets for $1.35 billion [Reuters]
FRONTIER COMMUNICATIONS (FTR)
Last frontier communications earnings: 3/31 05:21 pm
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US:NASDAQ Investor Relations:
investor.frontier.com/investor-relations
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Source: Reuters
Frontier Communications to sell some assets for $1.35 billion (Reuters) - Telecom service provider Frontier Communications Corp said on Wednesday it would sell its assets in some U.S. states to investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC for $1.35 billion. Shares of the company jumped 17.3% to $2.03 in premarket trading. Reporting by Vibhuti Sharma in Bengaluru Our Standards: The Thomson Reuters Trust Principles.
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