Reviews:
 ·Frontier Communi..
| reply to cdru
Re: At the end of the day, it's probably a good deal Don't forget the 2000 merger(of Bell Atlantic and GTE) that established Verizon!
Verizon is, in effect, now cherry picking among the old GTE territory. They're keeping Southern California, Texas, and Florida. Then discarding the rest in this Frontier deal.
Good point on your last paragraph about the $, similar point made by the Illinois Adm Law Judge in her finding. Frontier's bond ratings are considered junk bond status. Verizon bond ratings much better. Frontier's stock dividend yield is 12.7%. In current environment, that is not sustainable. |
