A Frontier Communications vehicle in Gales Creek. Photo: Chas Hundley
CONNECTICUT - Frontier Communications is washing its hands of their customers in Oregon, Washington, Montana and Idaho.
In a move announced on May 29, 2019, the Norwalk, Connecticut based publicly traded telecom company (NASDAQ: FTR) announced it would offload their entire customer base and all associated operations in Washington, Oregon, Idaho, and Montana to WaveDivision Capital, LLC in partnership with Searchlight Capital Partners, LLC for a $1.352 billion cash deal.
The sale has yet to be finalized; pending agreements between the involved companies and regulatory approval, there could be some adjustments to the final price. The deal is expected to be finished by year’s end.
In the meantime, the company stated in a press release that customers would continue to receive services and products through . . .
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