Frontier Communications - About the company
Frontier Communications is an acquired company based in Norwalk (United States), founded in 1935. It operates as a Provider of phone, wi-fi, hotspot, and fiber optic internet services. Frontier Communications has raised an undisclosed amount in funding. The company has 3635 active competitors, including 51 funded and 569 that have exited. Its top competitors include companies like T-Mobile, Vodafone and MTN.
Company Details
In 2021, the company recorded annual revenues of $6.41B and a net profit of $4.96B
- Website
- frontier.com
- Registered Address
- Norwalk, Connecticut
Key Metrics
Founded Year
1935
Location
Norwalk, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
34th among 3635 active competitors
Annual Revenue
$5.94B as on Dec 31, 2024
Employee Count
12,586 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Verizon (Sep 05, 2024)
Legal entities associated with Frontier Communications
Frontier Communications is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FRONTIER COMMUNICATIONS CORP CIN: 20520 , United States, Active | Nov 11, 1935 | $5.94B (As on Dec 31, 2024) | 14478 (As on Dec 31, 2021) | - |
FRONTIER COMMUNICATIONS CIN: 60619596 , United States, Active | Dec 26, 999 | - | 13220 (As on Dec 31, 2024) | - |
Frontier Communications's acquisition details
Frontier Communications got acquired by Verizon on Sep 05, 2024 at an acquisition amount of $20B. It was facilitated by Centerview Partners, Morgan Stanley, Debevoise and Plimpton and 4 more.
Click here to take a look at Frontier Communications's acquisition in detail
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Frontier Communications's funding and investors
Frontier Communications has raised funding over 7 rounds. Its first funding round was on Sep 2012. Its latest funding round was a Grant (prize money) round on Sep 03, 2024 for $*****. 1 investor participated in its latest round. Frontier Communications has 6 institutional investors.
Here is the list of recent funding rounds of Frontier Communications:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 03, 2024 | 5975212 | Grant (prize money) | 6847522 | 5144180 | 4548714 | 6333878 |
Mar 21, 2018 | 2768634 | Conventional Debt | 3497636 | 8017853 | 8059738 | 4746397 |
Jan 26, 2018 | 6949308 | Conventional Debt | 1165522 | 6698899 | 9129006 |
View details of Frontier Communications's funding rounds and investors
Frontier Communications' founders and board of directors
Founder? Claim ProfileFrontier Communications' employee count trend
Frontier Communications has 12,586 employees as of Mar 26. Here is Frontier Communications's employee count trend over the years:
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Frontier Communications's Competitors and alternates
Top competitors of Frontier Communications include T-Mobile, Vodafone and MTN. Here is the list of Top 10 competitors of Frontier Communications, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | T-Mobile 1994, Bellevue (United States), Acquired | Provider of mobile telecommunication services | - | 84/100 | |
2nd | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 82/100 | |
3rd | MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
4th | Verizon 1983, New York City (United States), Public | Provider of mobile and internet services for home & business | - | 81/100 | |
5th | Provider of mobile internet services for home and offices | $19.7M | 80/100 | ||
6th | Telia Company 1853, Solna (Sweden), Acquired | Provider of integrated telecom and TV services | - | 80/100 | |
7th | Zain Group 1983, Kuwait City (Kuwait), Public | Telecom services provider | - | 79/100 | |
8th | SK Telecom 1984, Seoul (South Korea), Public | Provider of integrated telecommunication services | - | 77/100 | |
9th | Proximus Group 1994, Brussels (Belgium), Public | Provider of telephony, internet, television and network-based ICT services | - | 77/100 | |
10th | Telecom Italia 1994, Rome (Italy), Public | Integrated telecom service provider | - | 77/100 | |
34th | Frontier Communications 1935, Norwalk (United States), Acquired | Provider of phone, wi-fi, hotspot, and fiber optic internet services | - | 72/100 |
Looking for more details on Frontier Communications's competitors? Click here to see the top ones
Frontier Communications's Investments and acquisitions
Frontier Communications has a total of 1 investment in First Resonance. Frontier Communications has not made any acquisitions as of now.News related to Frontier Communications
Media has covered Frontier Communications for a total of 50 events in the last 1 year, 31 of them have been about company updates and 2 about people movement.
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Voya Investment Management LLC Has $182.38 Million Stock Holdings in Expand Energy Corporation $EXEMarketBeat•Dec 19, 2025•Voya Financial, Expand Energy, Danaher, Penumbra and 11 others
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Carlson Capital L.P. Makes New Investment in CureVac N.V. $CVACMarketBeat•Nov 28, 2025•CureVac, Carlson Capital, Frontier Communications
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Frontier Resources to acquire Hyundai LNG Shipping in 3.8 trillion won dealPortNews•Nov 27, 2025•IMM Investment, Sinar Mas, Hyundai, and 1 other
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