Frontier Communications (FTR +6.5%) shares push higher after reporting a weaker Q4 amid fewer...

|About: Frontier Communications Cor... (FTR)|By:, SA News Editor

Frontier Communications (FTR +6.5%) shares push higher after reporting a weaker Q4 amid fewer subscribers but beating earnings estimates. Meanwhile, S&P Capital raises its rating on the regional telecommunications provider to Buy from Hold, saying its 47% dividend cut should help with debt reduction and support capital expenditures.