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Frontier Communications emerged from Chapter 11 bankruptcy on Friday, saying that it plans to double its fiber-to-the-premises footprint by extending fiber to an additional 3 million homes and businesses.
“Frontier is deploying capital and pursuing an extensive fiber build-out plan that will accelerate the company’s transformation from a legacy provider of copper-based services to a fiber-based provider… Under the first phase of the plan, Frontier intends to invest heavily and pass more than 3 million homes and business locations, enabling a total of over 6 million homes and businesses with Gig-plus speeds,” the company said in a press release.
Expanding to 3 million additional homes will take multiple years, as Frontier said it plans to reach “approximately 495,000 additional locations in 2021.” That apparently includes 100,000 new fiber locations already built in the first three months of this year.
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The Article Was Written/Published By: Jon Brodkin