Frontier Communications has a deal in place to buy AT&T's wireline business and statewide fiber network that provides services to residential, business and wholesale customers in Connecticut.

Craig Galbraith, Editorial Director

December 17, 2013

1 Min Read
Frontier To Buy AT&T Assets in Connecticut for $2 Billion

**Editor’s Note: Please click

here

for a recap of the biggest communications mergers in Q3 2013.**

Frontier Communications has a deal in place to buy AT&T‘s wireline business and statewide fiber network that provides services to residential, business and wholesale customers in Connecticut.

Frontier will also get AT&T’s U-verse video and satellite TV customers in the Constitution State. The company is paying $2 billion in cash for the business and related assets. Frontier says Connecticut customers will have the same products and services that they currently enjoy, including the U-verse suite of products.

“We see an opportunity to enhance broadband capabilities in Connecticut,” Maggie Wilderotter, Frontier’s chairman and CEO.

AT&T on Monday closed on its sale and leasing of cell towers to Crown Castle for nearly $5 billion. Insiders believe that the transactions are freeing up cash for the telecommunications giant to pursue a purchase of Vodafone or another European telco.

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About the Author(s)

Craig Galbraith

Editorial Director, Channel Futures

Craig Galbraith is the editorial director for Channel Futures, joining the team in 2008. Before that, he spent more than 11 years as an anchor, reporter and managing editor in television newsrooms in North Dakota and Washington state. Craig is a proud Husky, having graduated from the University of Washington. He makes his home in the Phoenix area.

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