Frontier Communications Holdings, LLC (the “Issuer”), a consolidated subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”), announced the pricing of its previously announced private offering of $750 million aggregate principal amount of first lien secured notes due 2031 (the “Notes”). The Notes will bear interest at 8.625% per year and will be sold at a price equal to 100% of the aggregate principal amount. The Notes offering is expected to close on March 8, 2023, subject to customary conditions.
Reports and Coverage
Innovation Presents Remarkable Opportunities for the ICT Industry and Society as a Whole
Fifty years after the invention of the mobile phone, digital transformation is creating new opportunities for the global information and communications technology (ICT) industry to continue to contribute to social and economic development around the world. Integration and collaboration are the key, according to Yang Jie, Chairman of China Mobile.
Google Reacts to New Canadian Law; Restricts News Access for Canadians
Reacting to Canada’s Online News Act, which is currently under discussion at the Senate, Google has decided to block access to news for some Canadians as a ‘test’ to work through the law that requires tech giants to pay for local journalism content used on their platforms.
Avaya Files for Chapter 11
Struggling unified communications giant Avaya Holdings Corp. filed for Chapter 11 bankruptcy protection in federal court in Texas.
Verizon's Eric Cevis Awarded as North America CEO of the Year by Telecom Review for 2022
In a special presentation on February 16, Verizon’s Eric Cevis received the North America CEO of the Year award under the Telecom Review Excellence Awards 2022 program during a special ceremony held at the Verizon Headquarters in New Jersey. Telecom Review Executives flew to Basking Ridge New Jersey to make the special presentation after the first presentation date was rescheduled.
Artificial Intelligence Brings Web Search Giants Into Action
Artificial intelligence has taken the spotlight once again, and this time it’s all about quick, detailed responses in a humanlike manner. A new generation of AI chatbots has unleashed a battle between Microsoft and Google, driven by the pressure arising from the popularity of ChatGPT.
Kohler Data Center Power Sets Stage for Sustainability in 2023
Kohler Power has set its sights on making 2023 a year of sustainability. Throughout 2022, Kohler has been a thought leader on the creation of more sustainable products and practices amid the rising demand for more connectivity and data center services. The company plans to use last year’s initiatives as a springboard into 2023, setting the stage for even more conversations about how the company and its counterparts can leave the world a better place for future generations by reducing environmental impacts.
Wireless Connectivity Brings People From Home to Stadiums
Sports fans, concertgoers or any audience from events or gatherings want access to stable, secure and fast wireless connectivity around stadiums or other large venues.
Digital Realty COO Erich Sanchack “Asked to Leave”
Digital Realty chief operating officer Erich Sanchack will exit the company next month.
Princeton Digital Group Appoints Kenji Hioki for Japan
APAC data center firm Princeton Digital Group has appointed Kenji Hioki as an executive advisor for Japan.