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With all necessary regulatory approvals in hand, Frontier Communications announced Friday that it has closed its $2 billion acquisition of AT&T’s Connecticut wireline and triple-play business.
The deal means Frontier will offer broadband, landline, video and other products to residential and business customers alike.
The company is taking on 2,500 former AT&T employees, and has agreed to add 85 union jobs to its Connecticut workforce.
Frontier also disclosed Friday that it is in talks with the Department of Economic and Community Development about creating more jobs in the state, which could mean an economic loan or incentive package.
Frontier will start its systems conversion on Oct. 25.
Read more
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Frontier swings to profit in 2Q
Frontier promises $63M in CT infrastructure investments
PURA rejects Frontier's agreement with AG
Frontier’s $1.55B debt sale to help fund AT&T purchase
Frontier: AT&T’s CT wireline business netted $237.6M in profits
PURA gives preliminary approval to Frontier-AT&T deal
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