Frontier Communications Announces Debt Repayment

  Frontier Communications Announces Debt Repayment

Business Wire

STAMFORD, Conn. -- January 28, 2013

Frontier Communications Corporation (NASDAQ: FTR) announced today that on
January 15, 2013 it repaid its 6.25% Senior Notes due January 15, 2013 of
$502.7 million. The repayment was made with cash available on hand. John M.
Jureller, the Company’s Executive Vice President and Chief Financial
Officer-Elect, who joined Frontier earlier this month, commented that “the
Company also remains committed to de-leveraging its balance sheet and is
always looking at opportunistic situations to make debt repurchases and reduce
leverage from its available cash balances and its on-going operating free cash
flow.”

About Frontier Communications

Frontier Communications Corporation (NASDAQ: FTR), is an S&P 500 company and
is included in the FORTUNE 500 list of America’s largest corporations.
Frontier offers broadband, voice, satellite video, wireless Internet data
access, data security solutions, bundled offerings and specialized bundles for
residential customers, small businesses and home offices and medium and large
businesses in 27 states. Frontier’s approximately 15,250 employees are based
entirely in the United States. More information is available at
www.frontier.com.

Contact:

Frontier Communications Corporation
Investors:
Robert W. Starr, 203-614-5708
Senior Vice President and Treasurer
robert.starr@ftr.com
or
Media:
Brigid Smith, 203-614-5042
AVP, Corp. Comm.
brigid.smith@ftr.com