Frontier files for bankruptcy, says its broadband service won’t get any worse

Enlarge (credit: Getty Images | FuzzMartin)

Frontier Communications filed for Chapter 11 bankruptcy yesterday, but the struggling telecom said its service to customers won't be affected by the financial restructuring.

"Frontier expects to continue providing quality service to its customers without interruption and work with its business partners as usual throughout the court-supervised process. The Company has sufficient liquidity to meet its ongoing obligations," Frontier said in last night's bankruptcy announcement. Frontier filed in the US Bankruptcy Court for the Southern District of New York.

Frontier offers Internet service in 29 states but expects to complete a $1.4 billion sale of operations in Washington, Oregon, Idaho, and Montana to Northwest Fiber by April 30. In the 25 remaining states where it will keep offering service, Frontier has 2.6 million Internet subscribers, with 1.4 million on DSL and 1.2 million on fiber.

Read 6 remaining paragraphs | Comments