MYRTLE BEACH, S.C., Mar 01, 2011 (BUSINESS WIRE) —
Frontier Communications (NYSE:FTR, news, filings) representatives met with the Public Service Commission of South Carolina in Columbia, S.C. on February 22nd to provide a status of the company’s transition since July 1, 2010. The emphasis was on broadband investments made to date in Frontier operating exchanges and future broadband plans for 2011.
John Swallow, Senior Vice President and General Manager for the Carolinas and Stan Pace, Director of State Government Relations, told the Commissioners that broadband deployment projects increase household accessibility, increase bandwidth to customers and support the acquired properties with upgrades to the infrastructure. Over the last six months of 2010:
- Frontier made a total capital investment of $9,069,913 in South Carolina.
- Twenty new high-speed sites were deployed across the state. Several other sites are scheduled for turn-up over the new few weeks.
- The percentage of households with access to high-speed Internet in Frontier’s service area increased from 46.4% in June to 72.2% at year end.
Swallow emphasized that the company’s goal is to increase this percentage to 85.5 by the end of 2011 and to keep people connected using the latest technology available in both rural and urban markets that Frontier serves.
Frontier acquired South Carolina exchanges from Verizon in 2010, including the Grand Strand area and numerous inland markets such as Georgetown County, Simpsonville, Sumter, Walterboro and Winnsboro. The company employs 178 individuals in South Carolina.
About Frontier Communications
Frontier Communications Corp. (NYSE: FTR) offers voice, High-Speed Internet, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for small businesses and home offices, and advanced business communications for medium and large businesses in 27 states and with approximately 14,800 employees. It is a Fortune 500 company and included in the S&P 500 Index. Its Southeast Region comprises West Virginia, Tennessee, North Carolina, South Carolina, Georgia, Alabama, Mississippi and Florida. More information about Frontier is available at www.frontier.com and www.frontier.com/ir.
SOURCE: Frontier Communications
Frontier Communications Karen C. Miller, 845-344-9416 Karen.Miller@FTR.com
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