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February 4, 2014

Frontier asks CT regulators to approve AT&T deal

Following its December announcement to purchase AT&T’s Connecticut wireline and fiber business for $2 billion, Stamford’s Frontier Communications has filed for state regulatory approvals.

The Connecticut Public Utilities Regulatory will review Frontier’s suitability to run the Connecticut business formerly known as Southern New England Telephone, or SNET.

Regulators will also evaluate whether the sale is in the public interest.

Frontier said in its filing that the deal benefits Connecticut residents because it will offer substantially the same products and services as AT&T, including the U-Verse triple-play offering, and also offer new products. The company’s pitch also includes the fact that its management is more local than AT&T’s and its promise that the deal will not include substantial job losses.

Frontier has also filed applications with the Federal Communications Commission and the U.S. Department of Justice, which will review the proposed sale pursuant to antitrust laws.

Read more

Frontier downgraded on $2B telecom play

Frontier sees upside in CT’s competitive telecom market

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Frontier clears first AT&T acquisition hurdle

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