Frontier (NYSE: FTR) announced a deal with Verizon Communications (VZ) in May 2009. Frontier acquired approximately 4.8 million access lines from Verizon, tripling the size
of the company. The all-stock transaction was valued at approximately $8.6
billion and closed July 1, 2010. All synergies will not be realized
until 2013. Read this article for more details.
FTR released its second quarter results on Thursday, August 3, 2011. This article looks at actual and projected FCF based on the results and company guidance than examines the pension fund liability for any possible funding problems.
Based on the available data we think FCF will come in at the low-end of guidance.
To read the fill article at SA click here.