Frontier Communications Sells Its Interest in Mohave Wireless to Verizon
STAMFORD, Conn. -- April 4, 2013
Frontier Communications Corporation (NASDAQ: FTR) sold its one- third
partnership interest in Mohave Cellular Limited Partnership (“Mohave
Wireless”) to Verizon Wireless on April 1, 2013. Verizon Wireless now has 100
percent ownership of Mohave Wireless. Financial terms are not being disclosed.
“During the years in which Frontier was the General Partner, the investments
in Mohave Wireless enabled the partnership to provide excellent cell coverage
and service in northwest Arizona. Traffic – both voice and data, not to
mention car, RV and truck – has grown steadily due to the popularity of Lake
Havasu City as a resort, Bullhead City for gaming and Kingman as a business
and retirement destination. I am proud that we delivered value year over year
to all of the partners in this venture,” said Melinda White, Executive Vice
President, Revenue Development for Frontier.
Ms. White added, “We are delighted to have the public opportunity to thank the
employees of Mohave Wireless for all they did for their customers and the
community. Their experience and dedication will be great assets to Verizon
Wireless as it integrates Mohave Wireless. We also applaud Verizon Wireless
for adding Mohave to their wireless network in the region.”
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, entertainment services like TumTiki.com, data security solutions
through Frontier Secure, bundled offerings and specialized bundles for
residential customers, small businesses and home offices and advanced
communications for medium and large businesses in 27 states. Frontier’s
approximately 14,700 employees are based entirely in the United States. More
information is available at www.frontier.com.
Luke Szymczak, 203-614-5044
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