Frontier Communications Company History Timeline

(495 Jobs)
1935

Originally based in Minneapolis, Citizens Utilities Company was formed from remnants of Public Utilities Consolidated Corporation, owned by Wilbur B. Foshay, in 1935.

1993

Citizens Utilities began a rapid expansion in 1993, announcing an agreement to acquire 500,000 rural access lines from GTE. In December 1993, it acquired 190,000 lines in four states, Idaho, Tennessee, West Virginia and Utah.

1994

In June 1994, it completed the acquisition of 270,000 lines, formerly part of Contel of New York, which became part of Citizens Telecommunications Company of New York.

Citizens, in 1994, announced that it would acquire 117,000 telephone lines and cable franchises in eight states from Alltel for $292 million.

1995

In January 1995, the company acquired 5,000 access lines in California.

On June 30, 1995, it acquired two operating companies from Alltel.

1996

On January 2, 1996, Citizens acquired 3,600 lines in Pennsylvania and 20,000 lines in California from Alltel.

1997

Citizens acquired Ogden Telephone in 1997.

1999

Global Crossing acquired the local exchange properties in 1999 when it purchased Frontier Corporation, originally Rochester Telephone Corporation.

Citizens, in 1999, announced plans to acquire 530,000 rural access lines from US West, a Baby Bell, for $1.65 billion.

In 1999, Citizens announced that it planned to acquire 187,000 local access lines from GTE for $664 million in Illinois, Minnesota, Nebraska, and North Dakota.

2001

Citizens Communications acquired the Frontier name and local exchange properties from Bermuda-based Global Crossing in 2001.

2006

In 2006, Citizens acquired Commonwealth Telephone, a Pennsylvania telephone company.

2008

Citizens Communications stockholders approved changing the corporate name to Frontier Communications Corporation at the annual meeting on May 15, 2008.

2009

In May 2009, Frontier announced that it would acquire Verizon Communications' landline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia, and Wisconsin for $8.6 billion.

2014

On October 24, 2014, Frontier closed its acquisition of AT&T's wireline, DSL, U-verse video and satellite TV businesses in Connecticut.

2020

In January 2020, Bloomberg News reported that Frontier was "asking creditors to help craft a turnaround deal that includes filing for bankruptcy by the middle of March", amidst declining revenue.

Ziply Fiber finalized acquisition of Frontier Communications' Northwest operations on May 1, 2020.

In 2020, WaveDivision Capital revealed the acquired operations will be named Ziply Fiber.

2021

As currently filed, the restructuring plan would wipe out current shareholders, who've already lost more than 90 percent this year alone. . Frontier went public again on May 4th, 2021 at $30.00 a share.

Founded
1935
Company Founded
Headquarters
Norwalk, CT
Company Headquarter
Founders
Drummond McGinn
Company Founders

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