Frontier Communications’ Three-Year Investment in New York Tops $326 Million
April 07 2014 - 8:00AM
Business Wire
Network Enhancements and Additional Funding
from Connect America Fund Supercharges Frontier’s Network
Frontier Communications (NASDAQ:FTR) recently announced that the
company’s three years of capital expenditures in New York hit a
total of $326.1 million, including approximately $80 million in
2013.
In addition to Frontier’s own capital expenditures, many
Frontier markets in New York will benefit from additional support
totaling $8.1 million from the Federal Communications Commission’s
Connect America Fund (CAF). CAF funding will allow Frontier to
accelerate broadband availability and increase speeds in some of
its very rural New York markets. Frontier offers broadband, digital
phone service, satellite television service, Frontier
satellite broadband, FTR Energy Services, customer premises
equipment (telephone systems, support for commercial businesses and
e-911 applications), Ethernet, Dedicated Internet Access,
commercial cloud based voice solutions, data center services, and
web security/data back-up/personal identity protection and more
through Frontier Secure.
Frontier invested $326.1 million of its own capital during the
past three years, with significant funding supporting engineering
initiatives to increase broadband access and improve network
infrastructure across the company’s 38-county New York territory.
This investment is vital to continuing economic development,
increasing opportunities for consumers, and supporting all types
and sizes of businesses in the state.
“The impact of our investments in New York is felt throughout
the communities we serve,” said Kevin Smith, Senior Vice President
and General Manager of Frontier’s New York operations. “Our
powerful network, driven by our dedicated teams who are residents
and experts about the needs of their communities, is delivering
solid benefits to our customers and shareholders. Our team is
hitting their stride in New York, and there is more to come.”
Frontier’s operational and community-related highlights for New
York in 2013 include:
- Equipment upgrades to 13 Central New
York switching offices and 97 remote locations. As a result, at
year-end 2013, Frontier was able to offer faster broadband speeds
to essentially 493,000 New York households.
- Expansion of Frontier’s Ethernet
network within the company’s rural territories, providing customers
access for circuits up to 1 Gbps. Customers located in Fulton,
Montgomery, Hamilton, Jefferson, Lewis, Oneida, Chenango, Madison,
Delaware and Clinton counties will benefit from the build-out,
which is anticipated to be completed by mid-2014.
- For Upstate New York, the awarding of a
New York State Broadband Grant to Frontier and Hamilton County to
upgrade the data transport backbone between Gloversville and Eagle
Bay, with Phase 1 of transport and equipment upgrades completed in
2013. As a result, Frontier is able to offer speeds up to 40 Mbps
to residents and businesses working out of the enhanced sites.
Phase 2 will expand coverage to 17 additional remote switches
within the county, with anticipated completion in mid-2015.
- The completion of a major upgrade to
Frontier’s Layer 2 Metro-Ethernet network in the Rochester market.
This upgrade ensures capacity to existing and future customers
requesting 5 to 100 Mbps services.
Phil Yawman, Vice President and General Manager of Frontier’s
greater Rochester operations, noted that the significant expansion
of Frontier’s network in Rochester was in response to increased
demand for advanced services. “We are continuing an aggressive
schedule of state-of-the-art enhancements to our network to ensure
our residential and commercial customers benefit from the latest
technology and services.”
In Rochester, Frontier also invested significant funding for IT
software upgrades and engineering projects that benefit the entire
company and 27-state customer base. “Frontier has a significant
presence in the Rochester market, home to many of our corporate
functions,” stated Yawman. “For example, Frontier’s Internet Help
Desk, Payroll, Training, Operator Services, Network Operations
Center and Engineering are headquartered in Rochester and serve
employees and customers throughout New York and also throughout
Frontier’s coast-to-coast territories. Rochester is a critical
center within Frontier’s operations.”
All Frontier services are installed and maintained by the
company's 100% U.S.-based work force. More than 1,400 Frontier
employees serve customers in the greater Rochester area, and 2,320
employees serve throughout New York. “We’re proud of our commitment
to the Empire State and very excited to highlight our recent
network enhancements and capital investments,” said Smith.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) offers
broadband, voice, satellite video, wireless Internet data access,
data security solutions, bundled offerings, specialized bundles for
residential customers, small businesses and home offices and
advanced communications for medium and large businesses in 27
states. Frontier's approximately 13,650 employees are based
entirely in the United States. More information is available
at www.frontier.com.
Frontier CommunicationsPatricia Amendola, Communications
Manager570-631-6013 (office)570-885-9559
(cell)Patricia.Amendola@ftr.com
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