Frontier will invest in network, dividend instead of debt

08/13/2013 | Bloomberg Businessweek

Frontier Communications will take advantage of its relatively light debt and strong cash positions to invest more of its revenue from operations in improving its network and maintaining its shareholder dividend, Chief Financial Officer John Jureller says. Frontier can use cash reserves to repay $402 million of notes that mature through 2015, he said. "Our priority today is to appropriately fund our operations to keep the network and customer acquisition and retention networks strong," Jureller added.

View Full Article in:

Bloomberg Businessweek

Published in Brief:

SmartBrief Job Listings for Tech

Job Title Company Location
Product Marketing Consultant
Sand Cherry Associates
Philadelphia, PA