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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
Social
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Registered Address
Norwalk, Connecticut
Key Metrics
Founded Year
1935
Location
Norwalk, United States
Stage
Acquired
Ranked
Annual Revenue
$5.94B as on Dec 31, 2024
Employee Count
12,586 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Verizon (Sep 05, 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:lockFilter this list
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
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Frontier Communications' founders and board of directors

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Frontier 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:
Employee count trend for Frontier Communications
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for T-Mobile
T-Mobile
1994, Bellevue (United States), Acquired
Provider of mobile telecommunication services
-
84/100
2nd
Logo for Vodafone
Vodafone
1982, Newbury (United Kingdom), Public
Virtual card-linked wallet for consumer payments
-
82/100
3rd
Logo for MTN
MTN
1994, Fairland (South Africa), Public
Provider of mobile network services
$7.05M
81/100
4th
Logo for Verizon
Verizon
1983, New York City (United States), Public
Provider of mobile and internet services for home & business
-
81/100
5th
Logo for Optus
Optus
1981, North Ryde (Australia), Acquired
Provider of mobile internet services for home and offices
$19.7M
80/100
6th
Logo for Telia Company
Telia Company
1853, Solna (Sweden), Acquired
Provider of integrated telecom and TV services
-
80/100
7th
Logo for Zain Group
Zain Group
1983, Kuwait City (Kuwait), Public
Telecom services provider
-
79/100
8th
Logo for SK Telecom
SK Telecom
1984, Seoul (South Korea), Public
Provider of integrated telecommunication services
-
77/100
9th
Logo for Proximus Group
Proximus Group
1994, Brussels (Belgium), Public
Provider of telephony, internet, television and network-based ICT services
-
77/100
10th
Logo for Telecom Italia
Telecom Italia
1994, Rome (Italy), Public
Integrated telecom service provider
-
77/100
34th
Logo for Frontier Communications
Frontier Communications
1935, Norwalk (United States), Acquired
Provider of phone, wi-fi, hotspot, and fiber optic internet services
-
72/100
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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

lockFilter this list
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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