Summary
Frontier Communications' financial condition has "significantly deteriorated" since the company announced plans to buy Verizon's landline business in West Virginia a year ago, according to a report released by the Communications Workers of America on Thursday.
Frontier's recent financial statements show the company's revenue declined by 6.5 percent, net income by 23 percent and shareholder income by 35 percent last year compared to 2008, the union said.See the full content of this document
Extract
Telephone Deal: ; Union: Frontier's Finances Get Worse
The Stamford, Conn.-based telecommunications company also recently revealed it must pay an additional $141 million for computer software and other "integration costs" ...
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