Jana Partners supports Frontier Communications review process

Jana Partners, a shareholder of Frontier Communications, issued a statement regarding Frontier’s announcement that its board and management team are executing a formal and comprehensive review process of all opportunities to unlock shareholder value. “We are enthusiastic about Frontier’s continued business momentum and potential for shareholders. We support the Company’s focus and review of all opportunities to unlock shareholder value – and are confident in the Board and management team’s ability to do so.”