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…
Frontier Communications filed for Chapter 11 bankruptcy late Tuesday evening, labeling the event a Restructuring Support Agreement (RSA). The move has been expected, as Frontier was saddled in debt from previous Verizon network acquisitions and suffered from high churn due…
Post Update – Frontier officially filed for Chapter 11 Bankruptcy on April 14th. Read details here. It’s looking pretty bleak for Frontier investors, as the company is prepping the financial community for an all but completed bankruptcy filing. A Frontier…
Uniti and Windstream have reached an agreement in principle that would settle litigation between the two companies related to Windstream’s spinoff of certain network assets to Uniti and Windstream’s bankruptcy filing. The settlement is subject to negotiation and certain regulatory…
Frontier is planning to file for bankruptcy in mid-March, according to a report published by Bloomberg. The report was based on information provided by unnamed sources who attended a meeting last week between Frontier, creditors and advisors at which the…
The top broadband stories of 2019 involved a range of technologies and a range of key players. In no particular order, here’s our recap, with a look at what the big stories of 2019 will mean for 2020. Policymakers wake…
The unnamed sources who spoke to Bloomberg about Frontier Communications several weeks ago were right about at least one thing: The company was looking for a new CEO, and that CEO – DISH Network veteran Bernie Han – was announced…
Frontier is seeking a new CEO as it seeks to restructure under the weight of a $17.5 billion debt load, according to a report published by Bloomberg. Citing unnamed sources, the report says the company could file for bankruptcy in…
Windstream CEO Tony Thomas addressed the “elephant in the room” head on today during their quarterly earnings conference call, and it doesn’t look good for Uniti. Windstream is now in Chapter 11 bankruptcy, due primarily to their network asset lease…
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