The following is a statement from the Communications Workers of America (CWA) on Frontier's reorganization plan being approved today by the U.S. Bankruptcy Court for the Southern District of New York:
Today’s confirmation of Frontier’s Plan of Reorganization by the U.S. Bankruptcy Court for the Southern District of New York is a significant step forward for Frontier's customers and CWA’s members.
The bankruptcy plan relieves Frontier of $10 billion in debt, a necessary step that will allow Frontier to make the investments needed to provide the service that its customers want and deserve. In addition, Frontier’s plan protects the benefits and collective bargaining agreements of frontline employees, whose hard work has kept the company afloat through years of mismanagement.
However, there are still important outstanding questions regarding Frontier’s plans to follow through on badly-needed investments on broadband deployment and service quality. CWA members are calling on state regulatory agencies and the Federal Communications Commission to thoroughly review Frontier’s plan in order to ensure that the interests of Frontier workers and customers will be served in the newly reorganized Frontier.