Friday, August 6, 2010

Frontier Communications to upgrade Durham phone network

Frontier Communications is rolling out an infrastructure upgrade for Durham and other newly acquired markets that CEO Maggie Wilderotter says could bring residential and business customers faster broadband services within the next 90 to 120 days.
Wilderotter was in Durham Thursday as part of a tour of new markets that Stamford, Conn.-based Frontier (NYSE: FTR) acquired from Verizon Communications. Frontier on July 1 closed on its $8.6 billion deal to buy assets from Verizon in primarily rural markets in 14 states. The company now serves about 250,000 access lines in its Carolinas territory. Wilderotter said improving broadband service is the most immediate need for the newly acquired assets.
“What we found in the Verizon markets is they have not kept up with broadband,” she said.
In the acquired Verizon territory, broadband is available to between 60 percent and 64 percent of customers, Wilderotter said. Frontier is working to push that to up to 72 percent by the end of the year.

Source : http://triangle.bizjournals.com/triangle/stories/2010/08/02/daily63.html


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