Frontier announced fiber expansion projects in Connecticut and Texas that will add over 300K locations to its fiber footprint. The vast majority will be added in multiple communities across Connecticut, where the company will add 280K locations.
“This infrastructure investment stems from Frontier’s belief that access to high-speed broadband is critical to building a digital society, enhancing community inclusion, and helping the environment,” said Julie Murtagh, Senior Vice President of Frontier’s Connecticut operations in a press release. “I am confident communities will see Frontier in a new way once they experience the power of fiber-optic technology.”
Frontier is offering gigabit fiber service for $75 on a thirty-six month price guarantee and a one year contract with an ETF. The company is also currently waiving an $85 activation fee and offering a $100 Visa Reward Card or a Ring Video Doorbell with gig service.
Frontier, which emerged from bankruptcy in April has pegged its future on fiber broadband expansion. Upon emergence from bankruptcy, company executives said the goal is to create the largest ‘pure play’ fiber operator in the country. It even labeled its new stock ticker as FYBER.
As of 1Q 2021, Frontier had 1.3 million fiber subscribers, but also had many more DSL subscribers. Its DSL footprint has gotten the carrier into a bit of trouble with the FTC.
A Frontier fiber expansion of 600K additional locations by the end of 2021 is the goal the company announced back in April. Frontier fiber penetration as of 1Q 2021 was 41.5%, with a goal to eventually achieve 50%. It reported adding 11K fiber subscribers in 1Q 2021.
Ultimately, Frontier says its total fiber expansion opportunity could include over 13 million locations passed. The company reported it is already building towards an additional 3.4 million locations and has identified 6.7 million as its ‘evaluation opportunity.’