Bloomberg News

Frontier Communications to Add Mobile With AT&T Resale Accord

November 15, 2011

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.

--Editors: John Lear, Cecile Daurat

To contact the reporter on this story: Scott Moritz in New York at smoritz6@bloomberg.net

To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net


Coke's Big Fat Problem
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus