QUOTE AND NEWS
Bulk Transporter  Apr 12  Comment 
FTR’s Trucking Conditions Index (TCI) for February took a positive step, moving up about two and half points from January to a reading of 5.11. As detailed in the April issue of the Trucking Update, FTR expects the index to approach a double...
Motley Fool  Apr 9  Comment 
The company's shares have been going in the wrong direction for a while, and it's hard to see it solving its fundamental problems.
Motley Fool  Apr 1  Comment 
The company has to decide how to handle what could be a difficult situation.
Bulk Transporter  Mar 29  Comment 
FTR’s Shippers Conditions Index (SCI) for January, as detailed in the March Issue of the Shippers Update, reflects a more challenging environment for shippers as 2017 gets underway with a -3.6 reading.  While capacity is tightening, shippers...
Benzinga  Mar 28  Comment 
FIS Astec Analytics releases a weekly report detailing the hottest stocks investors have been shorting over the prior trading week. The latest report contains a combination of new entrants and names that were profiled in last week's report. Top...




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Citizen Communications changed its name to Frontier Communications

Citizens Communications Company (CZN) is a Stamford, Connecticut-based telecommunications service provider operating both as an incumbent local exchange carrier (ILEC) and a competitive local exchange carrier (CLEC). The company's ILEC operations are provided under the Frontier brand (Citizens acquired Frontier Communications from Global Crossing in June 2001) and span 24 states, serving approximately 2.4 million rural and suburban customers. CZN also operated as a competitive local exchange carrier (CLEC), providing communications services to business customers and other telecom carriers in certain metropolitan areas, under the Electric Lightwave brand name. However, on August 1, 2006, CZN sold Electric Lightwave ("ELI") to Integra Telecom Holdings, Inc. The company previously operated as a multi-service public utility, distributing natural gas and electricity in Vermont, Hawaii, and Arizona. Management completed the sale of most of its electric and gas operations in 2004.

On March 8, CZN completed the acquisition of Commonwealth Telephone Enterprises Inc. (CTCO) for approximately $1.29 billion. This follows details provided in September 2006 that Citizens Communications Co (CZN) will acquire one share of CTCO for $31.31 in cash and 0.768 share of Citizens' common stock. The offer represented a 17% premium over Commonwealth's closing share price of $35.60 on September 8, 2006.

CZN was renamed Frontier Communications Corporation (FTR) on July 30, 2008.




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