AT&T* announced today that it has agreed to sell its incumbent local exchange operations in Connecticut to Connecticut-based Frontier Communications for $2.0 billion in cash. The transaction includes wireline network assets and consumer, business and wholesale customer relationships.
Frontier provides communications services to residential and business customers across 27 states today. With the transaction, Stamford-headquartered Frontier will now have operations to provide communications service to customers in the State of Connecticut.
AT&T remains committed to having a significant presence in Connecticut, with employees, operations and investment to provide wireless service on the nation’s fastest and most reliable 4G LTE network**, and networking, application solutions and professional services for Connecticut business customers.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
**Claims Basis: Speed - nt’l carriers’ avg 4G LTE download speeds; Reliability - data transfer completion rates on nationwide 4G LTE networks. LTE is a trademark of ETSI. 4G LTE not avail. everywhere.