Frontier Communications - History - Telephone Line Acquisitions - Global Crossing Transaction

Global Crossing Transaction

Citizens Communications acquired the Frontier name and local exchange properties from Bermuda-based Global Crossing in 2001. Global Crossing acquired the local exchange properties in 1999 when it purchased Frontier Corporation, originally Rochester Telephone Corporation.

Citizens acquired the operations from Global Crossing North America for $3.65 billion. The companies included in the acquisition included Frontier ILEC companies in New York as well as Frontier Subsidiary Telco, which included all Global Crossing North America ILEC operations located outside of New York, Frontier Communications of America, a long distance provider, and Frontier Communications of Rochester, a CLEC. The acquisition was completed in June 2001.

Read more about this topic:  Frontier Communications, History, Telephone Line Acquisitions

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