Frontier Communications opening first California retail stores

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

Frontier Communications (FTR -3.1%) has opened its first Frontier Premier retail operations in California, looking toward building its business presence and pursuing higher customer interaction.

The cities of Norwalk and Pomona in southern California were chosen for the stores. Frontier has set up interactive demo stations for retail-level consumers and also will market its business solutions (including commercial phone systems) at the stores.

Earlier this year, Frontier acknowledge a rough go in its takeover of wireline operations it had taken over from Verizon in California, as well as in Texas and Florida. The company told a California hearing that it inherited corrupt data from Verizon, adding to struggles in the transition.

Also today, Frontier entered into a credit agreement for a $315M senior secured term loan, to repay its existing loan of the same type that it entered into in 2011.

Previously: Citi: Frontier hit from BDS rule revision better than feared (Oct. 11 2016)

Previously: Frontier Communications issues statement on FCC fact sheet; FTR, CTL jump (Oct. 07 2016)

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