Monday, January 20, 2020

Frontier, An ISP In 29 States, To File For Bankruptcy

Yikes! Thanks to Ian Kennedy for the link.

Frontier CEO Bernie Han and other company executives "met with creditors and advisers Thursday and told them the company wants to negotiate a pre-packaged agreement before $356 million of debt payments come due March 15," the report said. The move would likely involve Chapter 11 bankruptcy to let Frontier "keep operating without interruption of telephone and broadband service to its customers."