Frontier says $2.1 billion boost makes its fiber goal achievable
Frontier Communications CEO Nick Jeffery said the company's fiber securitization will give it funding through the end of its target year of 2025, and a “very clear path” to hit 10 million fiber passings. In August, Frontier closed its fiber securitization notes offering as part of a $2.1 billion financing, a significant jump from its initial goal of raising $1.05 billion.