Frontier received final approval for its exit from bankruptcy today. The California Public Utilities Commission was the last remaining approval needed, setting up the company’s exit from bankruptcy in the “coming weeks.” Frontier filed for bankruptcy just about a year…
It’s an enticing strategy, but a cautionary tale. Charter has been hit with a $19 million fine for false advertising during the Windstream bankruptcy reorganization. Windstream filed for bankruptcy in 2019 but has since restructured and emerged from it. Charter…
Video software provider MobiTV has filed for voluntary Chapter 11 bankruptcy, the company announced today. MobiTV provides video solutions for numerous providers, large and small. Under the voluntary chapter 11 bankruptcy filing, submitted to U.S. Bankruptcy Court for the District…
Frontier may soon exit bankruptcy, with news that the FCC has approved the company’s restructuring plan. Frontier now has approval from 13 states and reports it will emerge from Chapter 11 in “early 2021.” Frontier needs approvals from 4 additional…
Frontier and other stakeholders have filed a joint motion with the California Public Utilities Commission asking the PUC to approve Frontier’s emergence from bankruptcy, subject to certain conditions. And there are a lot of conditions, including a requirement for Frontier…
A new Frontier CEO was announced today as part of a post-bankruptcy plan for the company. Nick Jeffery will join the company, effective March 21, 2021. The new Frontier CEO comes from Vodaphone UK, where he served as CEO. Vodaphone…
The Frontier reorganization plan triggered by the company’s bankruptcy has moved a step closer with the news that the New York Public Service Commission has approved the plan. Frontier, which operates in 25 states, now has approvals in 10 states….
Windstream announced today that it officially exited bankruptcy, effective today. The financial restructuring was first announced in February 2019. A U.S. bankruptcy court approved the Windstream restructuring in June 2020. The financial restructuring reduced Windstream’s debt by more than $4 billion,…
A Frontier bankruptcy plan was approved by the U.S. Bankruptcy Court for the Southern District of New York last Friday. The approval outlines Frontier’s restructuring, subject to final documentation. Frontier first filed for bankruptcy in April of 2020. At the…
Preparations continue for a Windstream bankruptcy exit, with the carrier expected to put its restructuring behind it in late August. The company announced a slate of new Windstream board members who will help lead the company post-bankruptcy. The U.S Bankruptcy…
The U.S Bankruptcy Court for the Southern District of New York today approved a Windstream bankruptcy exit reorganization plan. With the restructuring plan approved, the company expects to complete its financial restructuring process and emerge from Chapter 11 bankruptcy protection…
Frontier Communications Corp. says that the U.S. Bankruptcy Court for the Southern District of New York has given it interim approval for its “first day” motions related to Chapter 11 bankruptcy filings on Tuesday. The court has authorized Frontier to…
What’s happening with broadband and why is it important? Find out by subscribing to Telecompetitor’s newsletter today.