Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Frontier Awarded $24.7M Grant To Expand Fiber Broadband Service To Unserved And Underserved Communities In Illinois

Author: Benzinga Newsdesk | March 25, 2024 08:17am

Company will bring fast, reliable connectivity to homes and businesses in rural Illinois

Frontier (NASDAQ:FYBR):

What happened? Frontier (NASDAQ:FYBR) received $24.7M in grant funding to expand high-speed fiber broadband service to homes and businesses in rural Illinois. The grant was awarded by Connect Illinois with the assistance of Greene County Economic Development Group.

Why it matters: With this grant, we will expand our fast, reliable fiber-optic network in rural Greene County, Illinois. This work directly supports our commitment to connecting unserved and underserved communities to our high-speed internet.

Handy quote: "Expanding access to affordable, high-speed reliable internet in unserved and underserved communities within our footprint is a huge part of Building Gigabit America," said Veronica Bloodworth, Frontier's Chief Network Officer. "We are proud to partner with Greene County to bring residents the fastest, most reliable broadband connection available. This will unlock significant opportunities for the people in Greene County for generations to come."

Why is this important for Greene County, Illinois?

"The Greene County fiber project will support economic growth and entrepreneurship and it will enhance agriculture, healthcare and education across the county and state," said Pat Pinkston with the Greene County Economic Development Group. "These funds will go a long way in closing the digital divide by bringing access to reliable high-speed internet in every part of Illinois. We are grateful for Frontier's partnership in deploying this critical infrastructure in Greene County. It underscores the critical role Frontier plays in expanding access to high-speed internet across all parts of the state."

Posted In: FYBR

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist