Frontier Communications Corporation (FTR) provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
The company offers data and Internet services comprising residential services, such as wireline and wireless broadband, dial up Internet, portal, and e-mail products; commercial services, such as Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing data transport services, and optical transport services; Frontier Secure suite of products for computer security and technical support; and commercial voice over Internet protocol services.
It also provides local and long distance voice services, including local voice services; enhanced services, such as call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the companys facilities to originate and terminate their local and long distance voice traffic. Further, it provides satellite and terrestrial video services; a range of third-party communications equipment to small, medium, and enterprise business customers; and directories.
As of December 31, 2013, Frontier Communications Corporation had 2,803,500 residential customers; 270,800 business customers; 1,866,700 broadband subscribers; and 385,400 video subscribers.
Note that this company pays a hefty dividend! It pays a 40c dividend, yielding 7.4%. Meanwhile, shares have formed a bullish "cup & handle" and higher share prices are expected for this stock.
52-Week Trading Range: $3.80 - $5.59
Entry Point: $5.54
Stop Loss: $5.26
Target Price: $6.10
Taking profits on FTR after it failed to reach our target price in 30 days, closed at $5.93