Frontier Communications Emerges From Chapter 11

Frontier Communications Parent has completed its financial restructuring process and emerged from Chapter 11.

• The company reduced its debt by about $11 billion and annual interest expense by about $1 billion
• Frontier’s common stock is expected to commence trading on the Nasdaq under the ticker symbol “FYBR” on May 4

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Hari Govind in San Francisco at hgovind@bloomberg.net

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Chakradhar Adusumilli at cadusumilli@bloomberg.net

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