Frontier executing formal review process to unlock shareholder value

Frontier Communications said earlier today in a press release, “As Frontier enters the next phase of its evolution, we believe that there are opportunities to create additional value for our shareholders. Accordingly, the Board and management team are executing a formal and comprehensive review process of all opportunities to unlock shareholder value, including continued optimization of our operational and financing strategy, strategic partnerships, joint ventures, divestitures, mergers, and business combinations. We appreciate the constructive and helpful input from our shareholders and look forward to providing updates on our progress as we execute our plan.”