Provided by Business Wire
Federal Communications Commission Approves Frontierâs Chapter 11 Restructuring
Company Has Also Received Regulatory Approval or Favorable Determinations in Thirteen States;
Expects to Emerge from Chapter 11 in Early 2021
Frontier Communications Corporation (OTC: FTRCQ) (âFrontier Communicationsâ) announced today that it has secured approval from the Federal Communications Commission (FCC) for its Chapter 11 restructuring. Frontier now has regulatory approvals, or favorable determinations, for its required change-in-control applications related to its court-supervised restructuring from the FCC and 13 states: Arizona, Georgia, Illinois, Minnesota, Mississippi, Nebraska, Nevada, New York, Ohio, South Carolina, Texas, Utah and Virginia.
Frontier expects to promptly consummate the transactions contemplated under its previously confirmed Plan of Reorganization and emerge from Chapter 11 in early 2021. Upon emergence, Fronti