
Frontier Communications Analyst Report; Don't Chase Shares of FTR at Current Levels by BrokerBank Securities, Inc.
NEW YORK, Aug. 7, 2014 /PRNewswire/ -- Frontier Communications Corporation (NASDAQ: FTR) is a communications company engaged in providing services primarily to rural areas and small- and medium-sized towns and cities in the United States. The company offers a variety of voice, data, and television services and products – some that are available on a standalone basis and others that are available as bundled or packaged solutions. Within each of its markets, FTR offers their portfolio of communications services to both residential and business customers. In 2010, the company acquired wireline assets from Verizon (VZ) that more than doubled its size.
In general, the communications industry has experienced several changes in recent years, especially with regards to consumer behavior. For example, the increasing prevalence of wireless phones, email use, instant messaging, and voice-over-internet protocol (VoIP) have all caused wireline use to decrease. As such, this weakness in wireline customers has been countered to some degree by increasing broadband subscriber gains. In addition, the industry has undergone increased mergers and acquisitions activity in recent years. Through these activities, the two dominant carriers in the United States today are Verizon and AT&T, with many mid-size companies such as Frontier and CenturyLink also working to expand their assets and revenue base through consolidation.
A full in-depth analyst report on FTR that includes risk factors, industry changes, recent price action, financial position, potential revenues, competitive analysis, analyst summary, valuation, and recommendation can be viewed by using the following link at no cost:
http://bit.ly/-FTR-AnalystReport
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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
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