Frontier is on track to surpass its fiber goal for 2021

Frontier Communications is on track to beat its goal of building fiber to 495,000 homes in 2021. CEO Nick Jeffery stated that Frontier will hit 600,000 homes passed in 2021, which is 105,000 more homes than planned. When asked about supply chain issues, Jeffery said that the company hasn’t experienced any issues yet and he is confident that it won’t because Frontier announced its accelerated fiber build before many other fiber providers announced their plans. This allowed the company to get contracts with vendors before many others. In addition, the CEO said that Frontier has secured multi-year agreements with vendors and has a lot of vendor diversity. Jeffery's comments about the company exceeding its 2021 fiber expansion plan follow Frontier’s announcement in August 2021 that it was raising its fiber rollout goal from 6 million to 10 million locations by the end of 2025. The company said, at the time, that it had 2.8 million total broadband customers, including both fiber and DSL. Jeffery also stated he believes that Frontier can succeed in its turnaround strategy if it focuses on four goals: building fiber as fast as it can; launching compelling customer offers; improving its customer care; and streamlining its costs.