Overview
- IndustryTelephone Communications (No Radiotelephone)1
- HeadquartersDallas, Texas1
- Business address1919 Mckinney Avenue, Dallas, Tx 752012
- Filer categoryLarge accelerated filer2
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Frontier is a leading communications and technology provider offering broadband services to 3.1 million broadband customers in 25 states as of December 31, 2024. We are building critical infrastructure across the country with our fiber-optic network and cloud-based solutions, enabling secure high-speed connections. Driven by our purpose of Building Gigabit America TM , we are focused on supporting a digital society, closing the digital divide, and working toward a more sustainable environment.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue36¢$2.1B
- Selling, general and admin29¢$1.7B
- Other costs21¢$1.2B
- Interest14¢$804.0M
- Income tax0¢$24.0M
Out of $5.9B in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2024
- Kept or used elsewhere100¢$1.6B
Out of $1.6B of cash from operations.5
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $8.2B6 | $7.7B6 | $6.8B7 | $5.7B5 | $5.7B5 | $5.9B5 | |
| Cost of revenue | $1.4B6 | $1.2B6 | $2.7B7 | $2.2B5 | $2.1B5 | $2.1B5 | |
| Selling, general and admin | $1.8B6 | $1.8B6 | $1.6B7 | $1.7B5 | $1.6B5 | $1.7B5 | |
| Operating expenses | $5.2B5 | $5.3B5 | $5.6B5 | ||||
| Operating income | $827.0M6 | -$4.9B6 | $959.0M7 | $592.0M5 | $492.0M5 | $353.0M5 | |
| Interest | $1.5B6 | $1.5B6 | $762.0M7 | $492.0M5 | $653.0M5 | $804.0M5 | |
| Income before tax | $599.0M5 | $117.0M5 | -$346.0M5 | ||||
| Income tax | -$62.0M6 | -$611.0M6 | -$84.0M7 | $158.0M5 | $88.0M5 | -$24.0M5 | |
| Net income | -$643.0M6 | -$5.9B6 | -$402.0M7 | $441.0M5 | $29.0M5 | -$322.0M5 | |
| Earnings per share | -$8.376 | -$56.806 | -$3.857 | $1.805 | $0.125 | -$1.305 | |
| Earnings per share (diluted) | -$8.376 | -$56.806 | -$3.857 | $1.805 | $0.125 | -$1.305 | |
| Shares (weighted, basic) | 244.8M shares5 | 245.5M shares5 | 248.2M shares5 | ||||
| Shares (weighted, diluted) | 245.3M shares5 | 248.5M shares5 | 248.2M shares5 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $354.0M10 | $760.0M6 | $1.8B6 | $2.1B7 | $322.0M11 | $1.1B5 | $750.0M5 |
| Receivables | $458.0M7 | $438.0M11 | $446.0M5 | $379.0M5 | |||
| Current assets | $1.3B10 | $3.0B6 | $2.7B6 | $2.7B7 | $2.6B11 | $2.8B5 | $1.3B5 |
| Property, plant and equipment | $9.2B7 | $11.8B11 | $13.9B5 | $15.7B5 | |||
| Intangible assets | $4.2B7 | $3.9B11 | $3.6B5 | $3.3B5 | |||
| Total assets | $23.7B10 | $17.5B6 | $16.8B6 | $16.5B7 | $18.6B11 | $20.7B5 | $20.6B5 |
| Accounts payable | $535.0M7 | $1.2B11 | $857.0B5 | $758.0M5 | |||
| Short-term debt | $15.0M7 | $15.0M11 | $15.0M5 | $10.0M5 | |||
| Current liabilities | $2.6B10 | $2.8B6 | $7.1B6 | $1.5B7 | $2.3B11 | $2.3B5 | $2.3B5 |
| Long-term debt | $16.4B10 | $16.3B6 | $5.8B6 | $8.0B7 | $9.1B11 | $11.2B5 | $11.6B5 |
| Total liabilities | $21.9B6 | $21.7B6 | $11.9B7 | $13.5B11 | $15.4B5 | $15.7B5 | |
| Retained earnings | $414.0M7 | $855.0M11 | $884.0M5 | $562.0M5 | |||
| Shareholders’ equity | $1.6B10 | -$4.4B6 | -$4.9B6 | $4.6B7 | $5.1B11 | $5.3B5 | $4.9B5 |
| Shares outstanding | 105.5M shares10 | 105.1M shares6 | 104.8M shares6 | 244.4M shares7 | 245.0M shares11 | 245.8M shares5 | 249.7M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $1.8B6 | $1.5B6 | $2.0B7 | $1.4B5 | $1.3B5 | $1.6B5 | |
| Depreciation and amortization | $1.2B5 | $1.4B5 | $1.6B5 | ||||
| Stock-based compensation | $82.0M5 | $108.0M5 | $68.0M5 | ||||
| Cash from investing | -$4.5B5 | -$2.6B5 | -$1.7B5 | ||||
| Dividends paid | |||||||
| Cash from financing | $1.2B5 | $2.1B5 | -$268.0M5 | ||||
| Dividend per share |
Compare Frontier Communications Parent, Inc. with another company
Corporate structure
Frontier Communications Parent, Inc. sits at the top of its group. 112 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Frontier Communications Parent, Inc.
- Glendon Capital Management LP Filed SCHEDULE 13G/A on Frontier Communications Parent, Inc., latest Feb 12, 2026 (7 filings since Feb 14, 2022)
- Cerberus Capital Management, L.P. Filed SCHEDULE 13G/A on Frontier Communications Parent, Inc., latest May 15, 2025 (8 filings since Feb 14, 2022)
- ARES MANAGEMENT LLC Filed SCHEDULE 13D/A on Frontier Communications Parent, Inc., latest Mar 21, 2025 (7 filings since Feb 14, 2022)
- CANADA PENSION PLAN INVESTMENT BOARD Filed SCHEDULE 13G/A on Frontier Communications Parent, Inc., latest Feb 13, 2025 (2 filings since Nov 14, 2024)
- Capital International Investors Filed SC 13G/A on Frontier Communications Parent, Inc., latest Nov 13, 2024 (3 filings since Feb 13, 2023)
- VANGUARD GROUP INC Filed SC 13G/A on Frontier Communications Parent, Inc., latest Feb 13, 2024 (3 filings since Feb 10, 2022)
- BlackRock Filed SC 13G/A on Frontier Communications Parent, Inc., latest Jan 25, 2024 (2 filings since Feb 3, 2023)
- Barclays Filed SC 13G on Frontier Communications Parent, Inc., latest Jan 27, 2023
- Frontier Communications Parent, Inc. Dallas, Texas
- Citizens Capital Ventures Corp. Subsidiary · Delaware, United States
- Citizens Directory Services Company L.L.C. Subsidiary · Delaware, United States
- Citizens Louisiana Accounting Company Subsidiary · Delaware, United States
- Citizens Newcom Company Subsidiary · Delaware, United States
- Citizens Newtel, LLC Subsidiary · Delaware, United States
- Citizens Pennsylvania Company LLC Subsidiary · Delaware, United States
- Citizens SERP Administration Company Subsidiary · Delaware, United States
- Citizens Telecom Services Company L.L.C. Subsidiary · Delaware, United States
- Citizens Telecommunications Company of California Inc. Subsidiary · California, United States
- Citizens Telecommunications Company of Illinois Subsidiary · Illinois, United States
- Citizens Telecommunications Company of Minnesota, LLC Subsidiary · Delaware, United States
- Citizens Telecommunications Company of Nebraska Subsidiary · Delaware, United States
- Citizens Telecommunications Company of Nevada Subsidiary · Nevada, United States
- Citizens Telecommunications Company of New York, Inc. Subsidiary · New York, United States
- Citizens Telecommunications Company of Tennessee L.L.C. Subsidiary · Delaware, United States
- Citizens Telecommunications Company of The White Mountains, Inc. Subsidiary · Delaware, United States
- Citizens Telecommunications Company of Utah Subsidiary · Delaware, United States
- Citizens Telecommunications Company of West Virginia Subsidiary · West Virginia, United States
- Citizens Utilities Capital L.P. Subsidiary · Delaware, United States
- Citizens Utilities Rural Company, Inc. Subsidiary · Delaware, United States
- Commonwealth Communication, LLC Subsidiary · Delaware, United States
- Commonwealth Telephone Company LLC Subsidiary · Pennsylvania, United States
- Commonwealth Telephone Enterprises LLC Subsidiary · Delaware, United States
- Commonwealth Telephone Management Services, Inc. Subsidiary · Pennsylvania, United States
- CTE Holdings, Inc. Subsidiary · Pennsylvania, United States
- and 86 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Frontier Communications Parent, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $19.3B5 Dec 31, 2024 | $16.3B5 Dec 31, 2023 | +18.3% |
| Accumulated depreciation | $3.6B5 Dec 31, 2024 | $2.4B5 Dec 31, 2023 | +52.2% |
| Property and equipment, net | $15.7B5 Dec 31, 2024 | $13.9B5 Dec 31, 2023 | +12.5% |
| Finance-lease assets | $246.0M5 Dec 31, 2024 | $179.0M5 Dec 31, 2023 | +37.4% |
| Operating-lease assets (leased space) | $194.0M5 Dec 31, 2024 | $181.0M5 Dec 31, 2023 | +7.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $750.0M5 Dec 31, 2024 | $1.1B5 Dec 31, 2023 | −33.3% |
| Marketable securities, current | $1.1B5 Dec 31, 2023 | $1.8B11 Dec 31, 2022 | −38.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $3.3B5 Dec 31, 2024 | $3.6B5 Dec 31, 2023 | −9.0% |
| Accumulated amortization | $1.2B5 Dec 31, 2024 | $856.0M5 Dec 31, 2023 | +37.5% |
Properties, in its own words
Our owned property consists primarily of land and buildings, office and warehouse facilities, central office equipment, software, outside communications plant, and related equipment. Outside communications plant includes aerial and underground cable, conduit, poles, and wires. Central office equipment includes digital switches and peripheral equipment. In addition, we lease certain property, including primarily office facilities. All of our property is considered to be in good working condition and suitable for its intended purpose.
Our gross investment in property, by category, as of December 31, 2024, was as follows:
The rest of Item 2
Land · 241
Buildings and leasehold improvements · 1,250
General support · 591
Central office/electronic circuit equipment · 3,226
Poles · 1,074
Cable, fiber, and wire · 9,921
Conduit · 1,429
Materials and supplies · 431
Construction work in progress · 1,155
Total · 19,318
In connection with our ongoing operational and cost savings initiatives, we have undertaken a review of our real estate portfolio, including leased facilities, and are seeking to consolidate our footprint and reduce our property portfolio where economically and operationally beneficial.
Item 2 of the 10-K filed Feb 20, 2025.4
Leadership
Who has led Frontier Communications Parent, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerNick Jeffery May 3, 2021 to now12
- Chief executive officerBernard L. Han Dec 5, 2019 to Dec 5, 201913
- Chief executive officerDaniel J. McCarthy Feb 16, 2016 to Feb 20, 201914
- Chief executive officerMary Agnes Wilderotter Feb 24, 2006 to Mar 3, 201515
- ChairJohn Stratton May 3, 2021 to now16
- ChairMary Agnes Wilderotter Feb 24, 2006 to Feb 29, 201615
- PresidentNick Jeffery May 3, 2021 to now12
- PresidentBernard L. Han Dec 5, 2019 to Dec 5, 201913
- PresidentDaniel J. McCarthy Jul 30, 2012 to Feb 20, 201917
- PresidentJerry Elliott Feb 23, 2006 to May 4, 200618
- Chief financial officerScott C. Beasley Jun 24, 2021 to now19
- Chief financial officerSheldon Bruha Aug 29, 2018 to May 3, 202120
- Chief financial officerR. Perley McBride Nov 7, 2016 to Feb 16, 201821
- Chief financial officerJohn M. Jureller Jan 7, 2013 to Feb 26, 201622
- Chief financial officerJerry Elliott Feb 23, 2006 to Mar 16, 200618
- Chief financial officerDonald R. Shassian Apr 17, 2006 to Feb 19, 201323
- Chief operating officerDaniel J. McCarthy Feb 23, 2006 to Mar 3, 201524
Board members and other officers (66)
- Chief Accounting OfficerWilliam McGloin Jun 28, 2022 to now25
- Acting Head of HRAnne C. Meyer May 3, 2021 to May 3, 202126
- EVP, WholesaleMichael Shippey May 3, 2021 to May 3, 202227
- EVP, Chief Network OfficerVeronica Bloodworth May 3, 2021 to now28
- EVP, ConsumerJohn Harrobin Jun 24, 2021 to now29
- OfficerCharlon McIntosh Oct 14, 2021 to May 3, 202230
- Chief Digital Info. OfficerMelissa Pint Oct 14, 2021 to May 3, 202231
- EVP, Chief HR OfficerElisa Bannon-Jones Dec 14, 2018 to Feb 18, 202032
- EVP, Field OperationsChristopher Levendos Jun 5, 2017 to Feb 16, 201833
- EVP, Consumer SalesJohn Maduri Aug 3, 2017 to May 11, 202034
- EVP, Operational Transform.Timothy Travaille Jul 28, 2016 to Feb 27, 201735
- EVP, Commercial SalesKenneth Arndt Dec 2, 2016 to May 3, 202136
- EVP, Field OperationsJohn Lass Apr 14, 2015 to May 17, 201737
- EVP, Chief Technology OfficerSteve Gable May 15, 2015 to May 3, 202138
- EVP, Chief People OfficerKathleen Weslock Jul 22, 2015 to Feb 16, 201839
- SVP & ControllerJennifer Lem Jan 9, 2014 to Feb 20, 201440
- SVP & ControllerDonald Daniels Jul 7, 2014 to Aug 8, 202241
- EVP, StrategyLois Hedg-Peth Jul 5, 2012 to Jul 3, 201442
- EVP, External AffairsKathleen Q. Abernathy Jul 30, 2012 to Feb 26, 201643
- SVP & ControllerSusana D'Emic Apr 18, 2011 to May 8, 201344
- SVP, GM New Business Oper.Melinda White Oct 11, 2007 to May 8, 201345
- Sr. VP, Human ResourcesCecilia K. McKenney Feb 16, 2006 to Feb 27, 201746
- Exec. Vice PresidentJohn H. Casey Iii. Feb 23, 2006 to Mar 16, 200747
- SVP, GC and SecretaryHilary E. Glassman Feb 24, 2006 to Jul 2, 201048
- Executive VP, SalesPeter B. Hayes Feb 24, 2006 to Jun 7, 201249
- SVP and CAORobert J. Larson Feb 24, 2006 to Mar 3, 201150
- Board memberGeorge Haywood Young Iii. Feb 12, 2024 to now51
- Board memberVi Frontier Aiv A5 L.p. Acof Aug 28, 2023 to Aug 30, 202352
- Board memberLisa Chang May 3, 2021 to now53
- Board memberMaryann Turcke May 3, 2021 to now54
- Board memberNick Jeffery May 3, 2021 to now12
- Board memberPamela L. Coe May 3, 2021 to now55
- Board memberPratabkumar Vemana May 3, 2021 to now56
- Board memberStephen Charles Pusey May 3, 2021 to now57
- Board memberMargaret Mary Smyth Jul 9, 2021 to now58
- Board memberKevin L. Beebe Jun 11, 2019 to now59
- Board memberMohsin Y. Meghji Jun 11, 2019 to Apr 30, 202160
- Board memberPaul Keglevic Jun 11, 2019 to Apr 30, 202161
- Board memberBernard L. Han Dec 5, 2019 to Dec 5, 201913
- Board memberMichael R. McDonnell Dec 14, 2018 to Apr 2, 201962
- Board memberRobert A. Schriesheim Dec 14, 2018 to Apr 30, 202163
- Board memberDaniel J. McCarthy Feb 16, 2016 to Feb 20, 201914
- Board memberDiana Sue Ferguson Sep 19, 2014 to Apr 30, 202164
- Board memberVirginia P. Ruesterholz Aug 1, 2013 to Apr 2, 201965
- Board memberJames S. Kahan May 12, 2011 to Apr 10, 201466
- Board memberEdward Fraioli Jul 7, 2010 to Apr 30, 202167
- Board memberMark S. Shapiro Jul 7, 2010 to Apr 2, 201968
- Board memberPamela D. A. Reeve Jul 7, 2010 to Apr 30, 202169
- Board memberPeter C. B. Bynoe Oct 1, 2007 to Apr 30, 202170
- Board memberBradley E. Singer Jan 4, 2006 to May 15, 200871
- Board memberDavid H. Ward Jan 4, 2006 to Apr 4, 201172
- Board memberEdwin Tornberg Jan 4, 2006 to May 18, 200773
- Board memberHoward L. Schrott Jan 4, 2006 to Apr 2, 201974
- Board memberJeri B. Finard Jan 4, 2006 to Apr 2, 201475
- Board memberLarraine D. Segil Jan 4, 2006 to Apr 4, 201776
- Board memberLawton Fitt Jan 4, 2006 to Jul 7, 201077
- Board memberLeroy Barnes Jan 4, 2006 to Apr 2, 201978
- Board memberMyron A. Wick Iii. Jan 4, 2006 to Apr 3, 201879
- Board memberStanley Harfenist Jan 4, 2006 to May 18, 200780
- Board memberWilliam M. Kraus Jan 4, 2006 to Apr 4, 201181
- Board memberJerry Elliott Feb 23, 2006 to Mar 16, 200618
- Board memberKathleen Q. Abernathy Apr 11, 2006 to Jan 29, 201082
- Board memberMichael T. Dugan Nov 1, 2006 to Jan 5, 201083
- General counselMark D. Nielsen Mar 4, 2014 to now84
- General counselAndrew Crain Jun 20, 2012 to Feb 28, 201485
- General counselKathleen Q. Abernathy Mar 1, 2010 to Mar 2, 201286
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- CTE Holdings, Inc. Pennsylvania3
- CTE Services, Inc. Pennsylvania3
- CTE Telecom, LLC Pennsylvania3
- CTSI, LLC Pennsylvania3
- CU Capital LLC Delaware3
- CU Wireless Company LLC Delaware3
- Citizens Capital Ventures Corp. Delaware3
- Citizens Directory Services Company L.L.C. Delaware3
- Citizens Louisiana Accounting Company Delaware3
- Citizens Newcom Company Delaware3
- Citizens Newtel, LLC Delaware3
- Citizens Pennsylvania Company LLC Delaware3
- Citizens SERP Administration Company Delaware3
- Citizens Telecom Services Company L.L.C. Delaware3
- Citizens Telecommunications Company of California Inc. California3
- Citizens Telecommunications Company of Illinois Illinois3
- Citizens Telecommunications Company of Minnesota, LLC Delaware3
- Citizens Telecommunications Company of Nebraska Delaware3
- Citizens Telecommunications Company of Nebraska LLC Delaware3
- Citizens Telecommunications Company of Nevada Nevada3
- Citizens Telecommunications Company of New York, Inc. New York3
- Citizens Telecommunications Company of Tennessee L.L.C. Delaware3
- Citizens Telecommunications Company of The White Mountains, Inc. Delaware3
- Citizens Telecommunications Company of Utah Delaware3
All 112 listed subsidiaries
- Citizens Telecommunications Company of West Virginia West Virginia3
- Citizens Utilities Capital L.P. Delaware3
- Citizens Utilities Rural Company, Inc. Delaware3
- Commonwealth Communication, LLC Delaware3
- Commonwealth Telephone Company LLC Pennsylvania3
- Commonwealth Telephone Enterprises LLC Delaware3
- Commonwealth Telephone Management Services, Inc. Pennsylvania3
- Electric Lightwave NY, LLC Delaware3
- Evans Telephone Holdings, Inc. Delaware3
- F rontier Communications - Midland, Inc. Illinois3
- FTR New 2022 Technology & Equipment LLC Delaware3
- Fairmount Cellular LLC Georgia3
- Frontier ABC LLC Delaware3
- Frontier California Inc. California3
- Frontier Communications - Prairie, Inc. Illinois3
- Frontier Communications - Schuyler, Inc. Illinois3
- Frontier Communications Corporate Services Inc. Delaware3
- Frontier Communications Holdings, LLC Delaware3
- Frontier Communications ILEC Holdings LLC Delaware3
- Frontier Communications Intermediate, LLC Delaware3
- Frontier Communications Online And Long Distance Inc. Delaware3
- Frontier Communications Services Inc. Arizona3
- Frontier Communications o f America, Inc. Delaware3
- Frontier Communications o f Ausable Valley, Inc. New York3
- Frontier Communications o f Breezewood, LLC Pennsylvania3
- Frontier Communications o f Canton, LLC Pennsylvania3
- Frontier Communications o f Depue, Inc. Illinois3
- Frontier Communications o f Georgia LLC Georgia3
- Frontier Communications o f Illinois, Inc. Illinois3
- Frontier Communications o f Indiana, LLC Indiana3
- Frontier Communications o f Iowa, LLC Iowa3
- Frontier Communications o f Lakeside, Inc. Illinois3
- Frontier Communications o f Lakewood, LLC Pennsylvania3
- Frontier Communications o f Michigan, Inc. Michigan3
- Frontier Communications o f Minnesota, Inc. Minnesota3
- Frontier Communications o f Mississippi LLC Mississippi3
- Frontier Communications o f Mt. Pulaski, Inc. Illinois3
- Frontier Communications o f New York, Inc. New York3
- Frontier Communications o f Orion, Inc. Illinois3
- Frontier Communications o f Oswayo River LLC Pennsylvania3
- Frontier Communications o f Pennsylvania, LLC Pennsylvania3
- Frontier Communications o f Rochester, Inc. Delaware3
- Frontier Communications o f Seneca-Gorham, Inc. New York3
- Frontier Communications o f Sylvan Lake, Inc. New York3
- Frontier Communications o f The South, LLC Alabama3
- Frontier Communications o f The Southwest Inc. Delaware3
- Frontier Communications o f Thorntown, LLC Indiana3
- Frontier Communications o f Virginia, Inc. Virginia3
- Frontier Communications o f Wisconsin LLC Wisconsin3
- Frontier Communications of Delaware, Inc. Delaware3
- Frontier Communications of the Carolinas LLC Delaware3
- Frontier Directory Services Company, LLC Delaware3
- Frontier FL Securitization Holdco LLC Delaware3
- Frontier FL Shared Infrastructure LLC Delaware3
- Frontier Fiber Venture Holding Company LLC Delaware3
- Frontier Fiber Venture LLC Delaware3
- Frontier Florida LLC Florida3
- Frontier Infoservices Inc. Connecticut3
- Frontier Issuer LLC Delaware3
- Frontier Midstates Inc. Georgia3
- Frontier Mobile LLC Delaware3
- Frontier North Inc. Wisconsin3
- Frontier SPE FL Guarantor LLC Delaware3
- Frontier SPE Guarantor LLC Delaware3
- Frontier Securitization Holdco LLC Delaware3
- Frontier Security Company Delaware3
- Frontier Services Corp. Connecticut3
- Frontier Shared Infrastructure LLC Delaware3
- Frontier Southwest Incorporated Delaware3
- Frontier Subsidiary Telco LLC Delaware3
- Frontier Tampa Bay FL Fiber 1 LLC Delaware3
- Frontier Techserv, Inc. Delaware3
- Frontier Telephone Of Rochester, Inc. New York3
- Frontier Video Services Inc. Delaware3
- Frontier West Virginia Inc. West Virginia3
- GVN Services California3
- Hyperion Fiber Venture LLC Delaware3
- N C C Systems, Inc. Texas3
- Navajo Communications Co., Inc. New Mexico3
- Newco West Holdings LLC Delaware3
- Ogden Telephone Company New York3
- Phone Trends, Inc. New York3
- Rhinelander Telecommunications, LLC Wisconsin3
- Rib Lake Cellular For Wisconsin RSA #3, Inc. Wisconsin3
- Rib Lake Telecom, Inc. Wisconsin3
- SNET America Inc. Connecticut3
- The Southern New England Telephone Company Connecticut3
- Frontier Dallas TX Fiber 1 LLC Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Jan 20, 20268-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer87
- Dec 19, 20258-K Unregistered sale of shares; Executive or director change; Other events88
- Oct 28, 20258-K Results of operations89
- Jul 29, 20258-K Results of operations90
- May 23, 20258-K Shareholder vote91
- Apr 29, 20258-K Results of operations92
- Mar 20, 20258-K Entered a material agreement; New debt or obligation93
- Mar 14, 20258-K Executive or director change94
- Feb 20, 20258-K Results of operations95
- Jan 14, 20258-K Entered a material agreement; New debt or obligation96
- Jan 2, 20258-K Entered a material agreement; New debt or obligation97
- Dec 23, 20248-K Executive or director change98
- May 3, 2021New chief executive Nick Jeffery becomes CEO12
- Dec 5, 2019New chief executive Bernard L. Han becomes CEO13
- Feb 16, 2016New chief executive Daniel J. McCarthy becomes CEO14
- Feb 24, 2006New chief executive Mary Agnes Wilderotter becomes CEO15
Calendar
When it reported results
- Oct 28, 2025Reported quarterly or annual results89
- Jul 29, 2025Reported quarterly or annual results90
- Apr 29, 2025Reported quarterly or annual results92
- Feb 20, 2025Reported quarterly or annual results95
- Nov 5, 2024Reported quarterly or annual results99
- Aug 2, 2024Reported quarterly or annual results100
- May 3, 2024Reported quarterly or annual results101
- Feb 23, 2024Reported quarterly or annual results102
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
598 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 52 major events, 263 insider forms, 33 large holders, 233 other. The latest 20:
- Feb 12, 2026SCHEDULE 13G/A EDGAR
- Jan 30, 202615-12G EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 22, 20264 EDGAR
- Jan 20, 202625-NSE EDGAR
- Jan 20, 2026S-8 POS EDGAR
- Jan 20, 2026S-8 POS EDGAR
The 598 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
178 open-market trades by officers, directors and large owners since October 2021: 101 buys and 77 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 3, 2025 | Harrobin JohnEVP, Consumer | Sale | 36,000 | $36.01 | $1.3M | Form 4 |
| Dec 10, 2024 | ACOF VI Frontier AIV A3, L.P.10% owner | Sale | 11,500,000 | $34.37 | $395.3M | Form 4 |
| Dec 10, 2024 | Ares Voting LLC10% owner | Sale | 11,500,000 | $34.37 | $395.3M | Form 4 |
| Dec 10, 2024 | ASOF Frontier AIV A7, L.P.10% owner | Sale | 11,500,000 | $34.37 | $395.3M | Form 4 |
| Dec 10, 2024 | ASOF II A (DE) Frontier Holdings 2 L.P.10% owner | Sale | 11,500,000 | $34.37 | $395.3M | Form 4 |
| Dec 10, 2024 | ASOF Frontier AIV A11, L.P.10% owner | Sale | 11,500,000 | $34.37 | $395.3M | Form 4 |
| Dec 9, 2024 | ACOF VI Frontier AIV A6, L.P.10% owner | Sale | 300,000 | $34.61 | $10.4M | Form 4 |
| Dec 9, 2024 | Ares Voting LLC10% owner | Sale | 300,000 | $34.61 | $10.4M | Form 4 |
| Dec 9, 2024 | ARES MANAGEMENT LLC10% owner | Sale | 300,000 | $34.61 | $10.4M | Form 4 |
| Dec 9, 2024 | ASOF II Frontier Holdings 3 L.P.10% owner | Sale | 300,000 | $34.61 | $10.4M | Form 4 |
| Dec 9, 2024 | ASSF IV AIV B Holdings III, L.P.10% owner | Sale | 300,000 | $34.61 | $10.4M | Form 4 |
| Dec 6, 2024 | ACOF VI Frontier AIV A6, L.P.10% owner | Sale | 275,000 | $34.64 | $9.5M | Form 4 |
| Dec 6, 2024 | Ares Voting LLC10% owner | Sale | 275,000 | $34.64 | $9.5M | Form 4 |
| Dec 6, 2024 | ARES MANAGEMENT LLC10% owner | Sale | 275,000 | $34.64 | $9.5M | Form 4 |
| Dec 6, 2024 | ASOF II Frontier Holdings 3 L.P.10% owner | Sale | 275,000 | $34.64 | $9.5M | Form 4 |
| Dec 6, 2024 | ASSF IV AIV B Holdings III, L.P.10% owner | Sale | 275,000 | $34.64 | $9.5M | Form 4 |
| Dec 4, 2024 | ARES MANAGEMENT LLC10% owner | Sale | 170,000 | $34.52 | $5.9M | Form 4 |
| Dec 4, 2024 | ARES MANAGEMENT LLC10% owner | Sale | 170,000 | $34.52 | $5.9M | Form 4 |
| Dec 4, 2024 | ARES MANAGEMENT LLC10% owner | Sale | 170,000 | $34.52 | $5.9M | Form 4 |
| Dec 4, 2024 | ARES MANAGEMENT LLC10% owner | Sale | 170,000 | $34.52 | $5.9M | Form 4 |
All 178 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Glendon Capital Management LPSCHEDULE 13G/A, 7 filings Feb 14, 2022 to Feb 12, 2026103
- Cerberus Capital Management, L.P.SCHEDULE 13G/A, 8 filings Feb 14, 2022 to May 15, 2025104
- ARES MANAGEMENT LLCSCHEDULE 13D/A, 7 filings Feb 14, 2022 to Mar 21, 2025105
- CANADA PENSION PLAN INVESTMENT BOARDSCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 13, 2025106
- Capital International InvestorsSC 13G/A, 3 filings Feb 13, 2023 to Nov 13, 2024107
- VANGUARD GROUP INCSC 13G/A, 3 filings Feb 10, 2022 to Feb 13, 2024108
- BlackRockSC 13G/A, 2 filings Feb 3, 2023 to Jan 25, 2024109
- BarclaysSC 13G, 1 filing Jan 27, 2023110
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Nicholas S. JefferyPresident & CEO | 57 | $1.3M | $12.4M111 |
| 2024 | John G. StrattonExecutive Chairman | 64 | $1.0M | $7.4M111 |
| 2024 | Scott BeasleyEVP, Chief Financial Officer | $733.3K | $3.7M111 | |
| 2024 | Veronica BloodworthEVP, Chief Network Officer | $715.0K | $3.1M111 | |
| 2024 | Mark D. NielsenEVP, Chief Legal & Regulatory Officer | $733.3K | $2.9M111 | |
| 2023 | Nicholas S. JefferyPresident & CEO | 57 | $1.3M | $25.1M111 |
| 2023 | Veronica BloodworthEVP, Chief Network Officer | $715.0K | $5.1M111 | |
| 2023 | Scott BeasleyEVP, Chief Financial Officer | $650.0K | $5.0M111 | |
| 2023 | Mark D. NielsenEVP, Chief Legal & Regulatory Officer | $900.0K | $3.5M111 | |
| 2023 | John G. StrattonExecutive Chairman | 64 | $1.0M | $3.3M111 |
| 2022 | John G. StrattonExecutive Chairman | 64 | $1.0M | $34.5M111 |
| 2022 | Nicholas S. JefferyPresident & CEO | 57 | $1.3M | $14.7M111 |
| 2022 | Scott BeasleyEVP, Chief Financial Officer | $650.0K | $5.7M111 | |
| 2022 | Mark D. NielsenEVP, Chief Legal & Regulatory Officer | $900.0K | $4.3M111 | |
| 2022 | Veronica BloodworthEVP, Chief Network Officer | $650.0K | $4.2M111 |
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Other federal assistance $52.4M
- Federal contracts $23.6K
Figures by year
| Year | Other federal assistance | Federal contracts | Total |
|---|---|---|---|
| 2026 | $1.4K | $7.9K | $9.3K |
| 2025 | – | $6.4K | $6.4K |
| 2024 | $25.3M | $5.8K | $25.3M |
| 2023 | $27.1M | $3.5K | $27.2M |
Federal awards
Obligated amounts from USAspending.gov112, by calendar year, 2023–2026, for 3 registered units, including subsidiaries under the same parent. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.
Largest direct payments
- $1.5M from Federal Communications Commission: Affordable Connectivity Program113 To FRONTIER COMMUNICATIONS PARENT, INC Award ACOACP200000397092022
- $1.3M from Federal Communications Commission: Affordable Connectivity Program114 To FRONTIER COMMUNICATIONS PARENT, INC Award ACOACP200000397854068012024
- $1.3M from Federal Communications Commission: Affordable Connectivity Program115 To FRONTIER COMMUNICATIONS PARENT, INC Award ACOACP200000397854068022024
SEC filer profile
How Frontier Communications Parent, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFrontier Communications Parent, Inc.1
- CIK0000020520
- Employer ID (EIN)86-23597494
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)4813 Telephone Communications (No Radiotelephone)1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address1919 Mckinney Avenue, Dallas, TX 752011
- Phone20361456001
- Shares outstanding250,338,000 as of Oct 24, 20259
- Public float$6.4B as of Jun 30, 20244
- AuditorKPMG LLP, Dallas, Texas PCAOB ID 185; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJan 5, 19941
- Filings3,510 in all: 4 (1,784), 8-K (641), 144 (198), 10-Q (96), 3 (87), 4/A (59), SC 13G/A (59), 11-K (52)1
All 69 form types
425 (48), 10-K (30), DEF 14A (30), SC 13G (29), DEFA14A (28), CORRESP (26), S-8 POS (26), UPLOAD (24), EFFECT (23), SC 13D/A (21), 424B2 (19), POS AM (19), S-8 (18), 424B5 (17), 424B3 (13), 5 (13), 10-K/A (9), 8-K/A (9), 10-Q/A (8), 3/A (8), FWP (8), S-4/A (8), 8-A12B (7), ARS (7), S-3 (7), S-4 (7), S-3/A (6), SC 13D (5), 11-K/A (4), PRE 14A (4), S-3ASR (4), 25-NSE (3), NO ACT (3), SC TO-I/A (3), SCHEDULE 13D/A (3), SCHEDULE 13G/A (3), 10-K405 (2), 25 (2), 5/A (2), 8-A12B/A (2), CERT (2), CERTNAS (2), DFAN14A (2), PX14A6G (2), SC TO-I (2), 15-12B (1), 15-12G (1), 15-15D (1), 424B1 (1), 8-K12G3 (1), CERTNYS (1), DEFM14A (1), NT 10-K (1), POS EX (1), PREM14A (1), PRER14A (1), SC 13E3 (1), SC TO-C (1), SEC STAFF ACTION (1), T-3 (1), T-3/A (1)
- Latest filingsAnnual report (10-K) Feb 20, 2025
Quarterly report (10-Q) Oct 28, 2025
Proxy statement (DEF 14A) Apr 9, 2025
Latest 8-K (8-K) Jan 20, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | FYBR | NASDAQ |
From the cover page of the 10-K filed Feb 20, 2025 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Frontier Communications Parent, Inc. names in Item 1A of its 10-K filed Feb 20, 2025: 36 risks under these headings, as written.4
- Risks Related to the Proposed Merger with Verizon
- The Merger may not be completed on the terms or timeline currently contemplated or at all, which could adversely affect our stock price, business, financial condition and results of operations.
- The pendency of the Merger could negatively impact our business, financial conditions, and results of operations.
- Until the completion of the Merger or the termination of the Merger Agreement in accordance with its terms, we are prohibited from entering into certain transactions and taking certain actions that might otherwise be beneficial to the Company and its stockholders.
- We have incurred, and will continue to incur, direct and indirect costs as a result of the Merger.
- Litigation challenging the Merger Agreement may prevent the Merger from being consummated within the expected timeframe or at all.
- Risks Related to Our Indebtedness
- We have a significant amount of indebtedness, and we may incur substantially more debt in the future. Such debt and debt service obligations may adversely affect us.
- Economic uncertainty and volatility in the U.S. and global financial markets could limit our ability to access capital or increase the cost of capital needed to fund business operations, including our fiber expansion plans.
- The agreements governing our current indebtedness contain various covenants that impose restrictions on us and certain of our subsidiaries that may reduce our operating and financial flexibility and we may not be able to satisfy our obligations under these or other, future debt arrangements.
- Frontier is primarily a holding company and, as a result, we rely on the receipt of funds from our subsidiaries in order to meet our cash needs and service our indebtedness, including the notes.
- We expect to make contributions to our pension plan in future years, the amount of which will be impacted by volatility in asset values related to Frontier’s pension plan and changes in pension plan assumptions.
The other 26 risks
- Significant changes in discount rates, rates of return on pension assets, mortality tables and other factors could adversely affect our earnings and equity and increase our pension funding requirements.
- Risks Related to Our Business
- If our fiber expansion plan or other initiatives to increase our revenues, customer trends, profitability and cash flows are unsuccessful, our financial position and results of operations will be negatively and adversely impacted.
- The communications industry is very competitive, and some of our competitors have superior resources which may place us at a disadvantage.
- We rely on network and information systems and other technology, and a breach, disruption or failure of such networks, systems or technology as a result of cyber-attacks, malware, misappropriation of data or other malfeasance, as well as outages, accidental releases of information or similar events, may disrupt our business and materially impact our results of operations, financial condition and cash flows.
- We have experienced criminal cyber-attacks and are vulnerable to disruption, data loss and other security breaches, whether directly or indirectly through third parties whose products and services we rely on in operating our business.
- Our business is sensitive to continued relationships with our wholesale customers.
- Inflationary pressures on costs and disruptions in our supply chain, including potential trade tariffs, may adversely impact our financial condition or results of operations, including our fiber expansion plans.
- We may be unable to meet the technological needs or expectations of our customers and may lose customers as a result.
- Laws and regulations relating to the handling of privacy and data protection may result in increased costs, legal claims, fines against us, or reputational damage.
- A significant portion of our workforce is represented by labor unions.
- The impacts of climate change, including severe weather in the areas in which we operate, and increasingly stringent environmental laws, rules and regulations, customer expectations and other environmental liabilities, could adversely affect our business.
- Negotiations with the providers of content for our video systems may not be successful, potentially resulting in our inability to carry certain programming channels on our video systems, which could result in the loss of subscribers. Alternatively, because of the bargaining power of some content providers, we may be forced to pay an increasing amount for some content, resulting in higher expenses and lower profitability.
- We are subject to a significant amount of litigation, which could require us to pay significant damages or settlements.
- We rely on a limited number of key suppliers and vendors.
- Risks Related to Regulation and Oversight
- Changes in federal or state regulations may reduce subsidy and other revenues we receive.
- Frontier and our industry are expected to remain highly regulated, and we could incur substantial compliance costs that could constrain our ability to compete in our target markets.
- We are subject to the oversight of certain federal and state agencies that may investigate or pursue enforcement actions against us relating to consumer protection matters.
- We are subject to the oversight of certain federal and state regulatory agencies regarding commitments that were made by or imposed on the Company by the regulatory agencies in association with securing federal and state regulatory approval for the Restructuring and the ongoing operation of our business.
- Issues related to the development and use of artificial intelligence could give rise to legal or regulatory actions, damage our reputation or otherwise materially harm our business.
- Tax legislation may adversely affect our business and financial condition.
- Risks Related to Our Common Stock
- The price of our common stock may be volatile or may decline, which could result in substantial losses for purchasers of our common stock.
- If there are substantial sales of shares of our common stock, the price of our common stock could decline.
- We do not intend to pay dividends on our common stock for the foreseeable future.
- Delaware law and certain provisions in our certificate of incorporation may prevent efforts by our stockholders to change the direction or management of our Company.
- If securities or industry analysts do not publish or cease publishing research or reports, or publish unfavorable research or reports, about us, our business, or our industry, or if they adversely change their recommendations regarding our stock, our stock price and trading volume could decline.
- General Risk Factors
- The ability to attract and retain key personnel is critical to the success of our business.
Legal proceedings
We are party to various legal proceedings (including individual, class and putative class actions as well as federal and state governmental investigations) arising in the normal course of our business covering a wide range of matters and types of claims including, but not limited to, general contracts, billing disputes, rights of access, taxes and surcharges, consumer protection and privacy, trademark, copyright and patent infringement, employment, regulatory, tort, claims of competitors and disputes with other carriers. Such matters are subject to uncertainty and the outcome of individual matters is not predictable. However, we believe that the ultimate resolution of these matters, after considering insurance coverage or other indemnities to which we are entitled, will not have a material adverse effect on our financial position, results of operations, or cash flows. For more information regarding pending and threatened legal actions and proceedings see Note 20 - ‘‘Commitments, Contingencies, and Guarantees’’ to the consolidated financial statements in Part II, Item 8 of this Annual Report on Form 10-K.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16SEC EDGARJohn Stratton, Chair
- 17SEC EDGARDaniel J. McCarthy, President
- 18SEC EDGARJerry Elliott, President
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARAnne C. Meyer, Acting Head of HR
- 27SEC EDGARMichael Shippey, EVP, Wholesale
- 28
- 29SEC EDGARJohn Harrobin, EVP, Consumer
- 30SEC EDGARCharlon McIntosh, Officer
- 31
- 32
- 33
- 34SEC EDGARJohn Maduri, EVP, Consumer Sales
- 35
- 36SEC EDGARKenneth Arndt, EVP, Commercial Sales
- 37SEC EDGARJohn Lass, EVP, Field Operations
- 38
- 39
- 40SEC EDGARJennifer Lem, SVP & Controller
- 41SEC EDGARDonald Daniels, SVP & Controller
- 42SEC EDGARLois Hedg-Peth, EVP, Strategy
- 43
- 44SEC EDGARSusana D'Emic, SVP & Controller
- 45
- 46
- 47
- 48
- 49SEC EDGARPeter B. Hayes, Executive VP, Sales
- 50SEC EDGARRobert J. Larson, SVP and CAO
- 51
- 52
- 53SEC EDGARLisa Chang, Board member
- 54SEC EDGARMaryann Turcke, Board member
- 55SEC EDGARPamela L. Coe, Board member
- 56SEC EDGARPratabkumar Vemana, Board member
- 57SEC EDGARStephen Charles Pusey, Board member
- 58SEC EDGARMargaret Mary Smyth, Board member
- 59SEC EDGARKevin L. Beebe, Board member
- 60SEC EDGARMohsin Y. Meghji, Board member
- 61SEC EDGARPaul Keglevic, Board member
- 62SEC EDGARMichael R. McDonnell, Board member
- 63SEC EDGARRobert A. Schriesheim, Board member
- 64SEC EDGARDiana Sue Ferguson, Board member
- 65
- 66SEC EDGARJames S. Kahan, Board member
- 67SEC EDGAREdward Fraioli, Board member
- 68SEC EDGARMark S. Shapiro, Board member
- 69SEC EDGARPamela D. A. Reeve, Board member
- 70SEC EDGARPeter C. B. Bynoe, Board member
- 71SEC EDGARBradley E. Singer, Board member
- 72SEC EDGARDavid H. Ward, Board member
- 73SEC EDGAREdwin Tornberg, Board member
- 74SEC EDGARHoward L. Schrott, Board member
- 75SEC EDGARJeri B. Finard, Board member
- 76SEC EDGARLarraine D. Segil, Board member
- 77SEC EDGARLawton Fitt, Board member
- 78SEC EDGARLeroy Barnes, Board member
- 79SEC EDGARMyron A. Wick Iii., Board member
- 80SEC EDGARStanley Harfenist, Board member
- 81SEC EDGARWilliam M. Kraus, Board member
- 82SEC EDGARKathleen Q. Abernathy, Board member
- 83SEC EDGARMichael T. Dugan, Board member
- 84SEC EDGARMark D. Nielsen, General counsel
- 85SEC EDGARAndrew Crain, General counsel
- 86
- 87
- 88
- 89SEC EDGARResults of operations
- 90SEC EDGARResults of operations
- 91SEC EDGARShareholder vote
- 92SEC EDGARResults of operations
- 93
- 94SEC EDGARExecutive or director change
- 95SEC EDGARResults of operations
- 96
- 97
- 98SEC EDGARExecutive or director change
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113USAspending.govACOACP200000397092022: Federal Communications Commission
- 114
- 115