Frontier Communications plan reverse stock split

Frontier Communications Corporation (NASDAQ:FTR) will implement its 1-for-15 reverse stock split of the issued shares of common stock as of the beginning of trading on Monday, July 10, 2017, the company said.

Following the reverse stock split, Frontier common stock will continue to trade on the Nasdaq Global Select Market under the symbol “FTR,” although it will have a new CUSIP number (35906A 306).

Frontier Communications Corporation (NASDAQ:FTR) is a leader in providing communications services to urban, suburban, and rural communities in 29 states. Frontier offers a variety of services to residential customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure® digital protection solutions.