Fairness Opinion | Financial Advisor

Duff & Phelps Provided a Fairness Opinion to Frontier Communications in Connection with the Sale of Its Operations in Select Locations

Connect with us

Chris Janssen

Chris Janssen

Managing Director and Global Head of Transaction Opinions

Transaction Opinions

Chicago

+1 312 697 4643 Chris Janssen

In May 2019, Frontier Communications Corporation (NASDAQ: FTR) entered into a definitive agreement to sell its operations and all associated assets in Washington, Oregon, Idaho and Montana to WaveDivision Capital, LLC (WDC) in partnership with Searchlight Capital Partners, LLC (Searchlight) for $1.352 billion in cash subject to certain closing adjustments.

Duff & Phelps served as a financial advisor to the board of directors of Frontier Communications and provided a fairness opinion in connection with the transaction.

About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) 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™ offers communications solutions to small, medium, and enterprise businesses.

Stay Ahead with Kroll

Corporate Finance and Restructuring

M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.

Corporate Finance and Restructuring

Mergers and Acquisitions (M&A) Advisory

Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.

Mergers and Acquisitions (M&A) Advisory

Transaction Advisory Services

Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.

Transaction Advisory Services

Financial Sponsors Group

Dedicated coverage and access to M&A deal-flow for financial sponsors.

Financial Sponsors Group

Private Capital Markets – Debt Advisory

Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.

Private Capital Markets – Debt Advisory

Transaction Opinions

Our Transaction Opinions solutions span fairness opinions, solvency opinions, ESOP/ERISA advisory, board and special committee advisory, and complex valuations.

Transaction Opinions

Technology Investment Banking

Technology expertise for middle-market M&A transactions.

Technology Investment Banking

Valuation

Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.

Valuation

Tax Services

Built upon the foundation of its renowned valuation business, Kroll's Tax Service practice follows a detailed and responsive approach to capturing value for clients.

Tax Services

See All Case Study

Kroll’s Transaction Advisory Services Practice Advised Esyasoft on Its Acquisition of the Entire Share Capital of Good Energy

Transaction Advisory

Kroll’s Transaction Advisory Services Practice Advised Esyasoft on Its Acquisition of the Entire Share Capital of Good Energy

April 25, 2025