Nov. 15 (Bloomberg) -- Frontier Communications Corp., the rural phone, TV and Internet provider in 27 U.S. states, is adding wireless communications to its offerings through resale of AT&T Inc. mobile services.
The two companies reached a three-year agreement for Stamford, Connecticut-based Frontier to sell smartphones and AT&T mobile broadband services, according to a statement today.
Frontier is expanding further after doubling in size last year when it bought rural landline businesses in 13 states from Verizon Communications Inc. The agreement with Dallas-based AT&T doesn’t include sales of Apple Inc.’s iPhone.
“Our hope is to work out a deal with Apple,” said Steve Crosby, a Frontier spokesman.
Frontier fell 1.6 percent to $5.47 at the close in New York. The shares have declined 44 percent this year. AT&T gained 0.2 percent to $29.25.
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