FTRCQ Frontier Communications Corporation Class B

Frontier Communications Continues Negotiations with Sinclair Broadcast Group to Renew Carriage Agreement that Provides Content to Approximately 3 Percent of Video Subscribers

NORWALK, Conn.--(BUSINESS WIRE)--

Frontier Communications Corporation (NASDAQ:FTR) continues to negotiate the renewal of its carriage agreement with Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), a programmer that provides content to approximately 3 percent of Frontier’s video subscribers. Potentially impacted customers are located in the Seattle, Wash. and Portland, Ore. markets. The carriage agreement is scheduled to expire at 5:00 p.m. Eastern on Dec. 31, 2016.

Frontier contracts with various programmers to offer content to its video customers across its 29-state footprint and these contracts periodically expire or are terminated. Frontier negotiates in good faith to reach new agreements with program providers to bring its customers the best TV programming possible at the most reasonable prices.

“We are working hard to negotiate fair renewal terms with Sinclair, but cannot accept its proposed terms which have included excessive rate increases of no less than 80 percent and as far reaching as 380 percent as well as the inclusion of channels that the majority of our customers do not want,” said Steve Ward, Frontier’s Senior Vice President of Video.

About Frontier Communications

Frontier Communications Corporation is a leader in providing communications services to urban, suburban, and rural communities in 29 states. Frontier offers a variety of services to residential customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure® digital protection solutions. Frontier Business Edge™ offers communications solutions to small, medium, and enterprise businesses. More information about Frontier is available at www.frontier.com.

Please note that Frontier has a new logo that is available for download at: https://frontier.com/corporate/pressroom

EN
22/12/2016

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FTRCQFrontier Communications Corporation Class B

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Reports on Frontier Communications Corporation Class B

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