NEW YORK, July 23, 2015 /PRNewswire/ --
ACI Association has initiated research coverage on Frontier
Communications Corporation (NASDAQ: FTR). Select highlights from
the internally released reports are being made available to the
general public (included below), with access to the entirety of the
research available to new members.
Today, membership is open to readers on a complementary basis at
the following URL: http://www.aciassociation.com/?c=FTR
Highlights from our FTR Report include:
- Completion of Sales Contracts
-- On July 7 2015, Frontier
Communications (Frontier) announced that it has recently completed
four separate sales for next-generation capable 9-1-1
communications systems, with six New
York counties. The Company informed that these sales are in
addition to Frontier's 9-1-1 state-of-the-art system sale to
Monroe County and the City of Rochester, New York during H2 2014.
Frontier Communications noted that the Airbus DS VESTA 4 system-
the featured equipment in these sales, is a state-of-the-art
IP-based integrated communications system that provides full
redundancy and allows call takers to set up in a mobile environment
in the event of evacuation.
- Contract Details - Frontier Communications informed that
in the recently held sales, Yates
and Seneca counties, jointly
purchased the Airbus Vesta platform which was deployed in a
geo-diverse fashion, one-half of the system resides respectively in
each county. Meanwhile, the County of Chemung and the City
of Elmira contracted with Frontier for the standalone
geo-diverse capable Airbus Vesta 4 system upgrade and equipment
maintenance. On the other hand, counties in Upstate New York
contracted with Frontier to share a geo-diverse Airbus Vesta 4
system to provide for full redundancy; and lastly the Rockland County's purchased six upgraded
geo-diverse capable Airbus Vesta 9-1-1 systems which were deployed
to the towns of Ramapo, Orangetown, Haverstraw, Spring
Valley, Suffern and
Stony Point.
- Other Corporate Updates - In another release issued on
July 7, 2015, Frontier announced the
appointment of Kathleen Weslock as
Executive Vice President and Chief People Officer, effective
July 13, 2015. The Company noted that
Ms. Weslock new role includes overseeing all aspects of human
resources, including both strategic direction and daily operations.
Frontier added that with responsibilities for labor relations,
transformation and growth she will serve a major role in the
integration of 11,000 employees who will join Frontier following
completion of the its pending transaction to acquire Verizon
wireline assets in California,
Florida and Texas.
To find out how this influences our rating on Frontier
Communications Corporation read the full report in its entirety
here: http://www.aciassociation.com/?c=FTR
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