On December 4, 2023, Jana Partners LLC announced that it is pushing Frontier Communications Parent, Inc. to initiate a strategic review, including a potential sale of the Company, arguing that its shares will continue to lag unless corrective action is taken. Jana Partners in the letter stated that the Company's board should evaluate a possible sale of the Company, a strategic partnership or joint venture, and selling off some non- core assets to speed up the Company's transition to a pure-play fiber provider.
Frontier Communications Parent, Inc.
Equities
FYBR
US35909D1090
Integrated Telecommunications Services
Market Closed -
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5-day change | 1st Jan Change | ||
26 USD | +0.78% | +1.48% | +2.60% |
05-03 | Transcript : Frontier Communications Parent, Inc., Q1 2024 Earnings Call, May 03, 2024 | |
05-03 | Frontier Communications Parent Q1 Earnings Down, Revenue Increases | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+2.60% | 6.46B | |
+14.20% | 207B | |
+7.16% | 170B | |
+1.01% | 117B | |
-5.80% | 87.54B | |
+19.52% | 72.29B | |
+8.13% | 62.8B | |
-4.58% | 51.1B | |
-14.56% | 39.73B | |
-29.11% | 39.69B |
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