Frontier Communications (FTR) Updates FY14 Outlook Following Connecticut Market Acquisition

Frontier Communications (NASDAQ: FTR) is updating 2014 guidance, reflecting the completion of the Connecticut market acquisition in the fourth quarter, as follows: leveraged free cash flow in the range of $755 million to $780 million; capital expenditures in the range of $575 million to $600 million; and cash taxes in the range of $75 million to $90 million. Connecticut acquisition and integration costs are excluded from this guidance.

Frontier will be presenting at the UBS 42nd Annual Global Media and Communications Conference today, December 8, 2014. The 10 a.m. Eastern Time presentation by John Jureller, Executive Vice President and Chief Financial Officer, will be available via a webcast on Frontier’s Investor Relations website under “Webcasts and Presentations.”

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