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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Frontier Communications Corporation | NASDAQ:FTR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.26 | 0.26 | 0.265 | 0 | 01:00:00 |
Cox demanding untenable rate increase of 80 percent over three-year contract
Frontier Communications FiOS customers in the Seattle area have lost access to KIRO-TV programming as Frontier refuses to agree to Cox Media Group’s demands for large fee increases of more than 80 percent over the next three-year contract period. Frontier customers no longer have access to CBS, Get TV, and Laff TV in their programming selection in the Seattle area.
“Cox’s bullying and heavy-handed blackout tactics hurt consumers,” said Steve Ward, Frontier Senior Vice President Video Technology and Content. “Their demands for an outrageous price increase would have to be passed on to customers in the form of higher monthly service rates. It’s time for Cox to agree to a fair and reasonable solution.”
Frontier will continue its efforts to reach a fair and reasonable agreement so Cox will restore programming as quickly as possible.
About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) is a leader in providing communications services to urban, suburban, and rural communities in 29 states. Frontier offers a variety of services to residential customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure® digital protection solutions. Frontier Business offers communications solutions to small, medium, and enterprise businesses. More information about Frontier is available at www.frontier.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180101005052/en/
Frontier Communications CorporationChristy Reap, 202-309-9362Christine.reap@ftr.com
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