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FTR - Frontier Communications Corporation

Frontier Communications Corporation logo Frontier Communications Corporation (FTR) is a telecommunications company that provides internet, voice, and video services to residential and business customers. The company operates primarily in rural areas of the United States and has a focus on providing connectivity to underserved communities. Frontier Communications is headquartered in Norwalk, Connecticut.

Frontier Communications had a market capitalization of approximately $57 million. The company's total revenue for the fiscal year 2020 was $7.2 billion, representing a decrease from $8.9 billion in the previous year. Net loss for the same period was $5.9 billion, an increase from a net loss of $2.1 billion in the previous year.

Frontier Communications has faced a number of challenges in recent years, including declining revenue and increasing debt. The company has undertaken a number of initiatives to improve its financial position, including cost-cutting measures and divesting non-core assets.

The telecommunications industry is subject to various risks, including increasing competition and rapid technological change. However, Frontier Communications' focus on serving underserved communities and its efforts to improve its financial position may position it well for success in the future.

Frontier Communications' stock is traded on the NASDAQ stock exchange under the ticker symbol FTR. Investors should carefully consider their investment objectives, risk tolerance, and other factors before investing in Frontier Communications or any other company in the telecommunication




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