In Reply to message #338452 by Little Tommy
Member Member Wayne_Porter is not online, or is invisible.
1/28/2012 9:38:01 PM
Wayne_Porter Member #: 85771 Registered: 1/17/2012
Posted: 5 View all posts by Wayne_Porter
Company: W.D. Wright Contacting, Inc. Occupation: Director-Project Management Location: PA. WV. OH. NY. MD
Re: West Virginia Contractor Says Frontier Owes $1
When did Frontier sell out to Lumos?... Their still competing companies.

My undestanding was that Ntelos sold out to Lumos shortly after Ntelos bought out FiberNet. - Ntelos kept the wireless holding & Lumos took over the Fiber network

Verizon funded like 85% of the cash to Citizens Communications a.k.a Frontier to make the purchase before Windsteam could gobble them up.

http://www.dslreports.com/shownews/97151

and

http://www.fool.com/investing/dividends-income/2010/12/10/is-this-company-the-next-telecom-acquisition.aspx

Either way, Frontier stock has lost about 75% of its value in less than 6 months.
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