Here’s a roundup of coverage pertaining to Frontier Communications’ plan to sell off all of its assets in the states of Washington, Oregon, Idaho, and Montana:
- Puget Sound Business Journal: WaveDivision Capital buys Frontier’s Northwest operations for $1.35 billion
- GeekWire: Former Wave Broadband execs scoop up Northwest operations of ex-rival Frontier for $1.35 billion
- The Oregonian: Frontier Communications sells operations in Oregon, elsewhere in Northwest for $1.4 billion
- The Seattle Times: Northwest broadband investors buy regional Frontier Communications assets serving 350,000 customers
- JP Research via SeekingAlpha: Frontier Communications Dials Up Asset Sale To Improve Ailing Debt Situation
- Hartford Business Journal: Frontier unloads Northwest telecom assets for $1.35 billion
- Tri-City Herald: Tired of sluggish internet service? This deal could punch up Tri-Cities’ speeds
If the sale goes through, Frontier will be out of the Pacific Northwest by early 2020.
Nine years ago, regulatory staff in Washington and Oregon concluded that Frontier’s proposed acquisitions of the assets they’re now trying to sell off amounted to a lot of risk with very little upside. That assessment turned out to be on the money.