Added to YB: 2024-10-17
Pitch date: 2024-09-30
FYBR [bullish]
Frontier Communications Parent, Inc.
+8.33%
current return
Author Info
No bio for this author
Company Info
Frontier Communications Parent, Inc., together with its subsidiaries, provides communications and technology services for consumer and business customers in the United States.
Market Cap
$9.6B
Pitch Price
$35.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.29
P/E
-25.18
EV/Sales
3.49
Sector
Diversified Telecommunication Services
Category
special_situation
Cooper Investors Global Equities Fund (Unhedged) Portfolio Holding: Frontier Communications Parent, Inc.
FYBR: US broadband co converting copper to fiber. Verizon buying at $38.50/share, 38% premium. Deal close in 18mo. Mgmt executing well. Standalone value + synergies not reflected in price. Build risks decreasing, cash flow inflection expected mid-2026. Completed network may be worth multiples of current value.
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