N.Y. PSC approved Global Crossing’s sale of Frontier Telephone of...
N.Y. PSC approved Global Crossing’s sale of Frontier Telephone of Rochester and 5 other small Frontier-affiliated incumbent telcos to Citizens Communications, with only 2 conditions. Deal is part of $3.65 billion Global sale to Citizens of local exchange and…
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wireless operations in 13 states that was approved by FCC April 16. PSC said Citizens must forgo $4.9 million rate increase that had been approved for Frontier and must maintain “major” operations and administrative center in N.Y. Citizens said it expected to close sale within 60 days.