Frontier Communications Continues to Deploy Rural Broadband Ahead of Schedule, Reaching Connect America Fund Milestones in Ei...
December 18 2017 - 3:23PM
Business Wire
Frontier Communications (NASDAQ:FTR) continues its rural
broadband surge, exceeding 2017 milestone requirements of
the Connect America Fund program (CAF) in eight
additional states. Florida, Idaho, Illinois, Indiana, Michigan,
Tennessee, Texas and Wisconsin join the list of states where
Frontier is ahead of pace in deploying rural broadband. The Federal
Communications Commission's (FCC) program rules associated with CAF
require companies that accepted the funds to deploy broadband to 40
percent of the eligible locations by the end of 2017. The newly
announced states
join Arizona, Connecticut, Georgia, Montana,
New York, North Carolina, Pennsylvania, Washington and West
Virginia as having reached the 40 percent milestone.
Nationally, Frontier now provides broadband to over
approximately 331,000 and small businesses in its CAF-eligible
areas, and has improved speeds to over approximately 875,000
additional homes and businesses. The deployments reflect a
combination of Frontier capital investment and resources that
the FCC has made available through the CAF program. The
company is aggressively marketing broadband offerings to households
with new access or improved speeds. Many of the locations newly
served are capable of receiving speeds of 25 Mbps and faster.
“We are piling up broadband milestones as we make a strong
broadband deployment push to close out 2017," said Mark D. Nielsen,
Frontier Executive Vice President and Chief Legal Officer. "The
combination of CAF and Frontier's investments have enabled new
broadband connections that are vital to closing the digital divide.
Every day we see our customers benefiting from the significant
economic and educational benefits of broadband connectivity."
Through its partnership with the FCC, Frontier will
turn $332M in annual funding into broadband availability
for 774,000 households and business of at least 10 Mbps over the
life of the program.
About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) is a
leader in providing communications services to urban, suburban, and
rural communities in 29 states. Frontier offers a variety of
services to residential customers over its fiber-optic and copper
networks, including video, high-speed internet, advanced voice, and
Frontier Secure® digital protection solutions. Frontier
Business offers communications solutions to small, medium, and
enterprise businesses. More information about Frontier is available
at www.frontier.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171218006094/en/
Frontier CommunicationsChristy Reap,
203-614-4703Christine.reap@ftr.com
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