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Frontier +6.4% on report it's mulling sale of ex-Verizon wireline assets

  • Frontier Communications (NYSE:FTR) is considering a sale of the landline assets it bought from Verizon, according to a Bloomberg headline.
  • The stock has spiked 6.4% on the news.
  • Frontier has wrestled mightily with integrating the networks it bought in California, Texas and Florida, doing a poor job with bringing FiOS operations on board, and has struggled with customer numbers as it migrates away from video services.

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Frontier Communications Parent, Inc.