A recent blog post suggests that the future for Frontier Communications is bright and that its solid customer base will provide it with a strong platform for future growth.
This sentiment comes from GuruFocus.com, and the post says the telecommunications company has grown by a significant amount with its most recent partnerships and newly-released customer products. Frontier is reportedly latching onto broadband growth that is taking place in the U.S. – indeed, worldwide – and launching products such as the new Frontier Texting and the Anywhere VoIP business VoIP telephony system.
What is unique about these two systems is that they make communications modalities available in a number of ways. Frontier Texting, for instance, takes advantage of broadband-enabled landlines to deliver voice and text capabilities through the same system. This service is made possible through a partnership with Zipwhip whose vision, TMC (News - Alert) noted of Zipwhip CEO John Lauer back in July, is that “every phone number should be textable.” Frontier is targeting small to medium-size enterprises with that service.
In contrast, Frontier Anywhere VoIP addresses the SME market with a cloud-based communications product that can scale with businesses as they grow. Frontier is marketing this product as a part of a proverbial one-stop shop where businesses can meet their needs for unified communications, Internet service, and PC-soft phones.
On the shoulders of these new releases, it may gain momentum in the year to come. Maggie Wilderotter, the chairman and CEO of Frontier, announced in November her belief in the company's growth moving forward. She said Frontier has shown “strong broadband net additions” for seven consecutive quarters and apparently thinks that momentum will carry through the next few quarters. The GuruFocus blog mentions a market forecast that expects Frontier to experience a compound annual growth rate of 47.40 percent in 2015. If broadband adoption in the U.S. continues to grow and more businesses adopt Frontier's new programs, that projected future could become a reality.
Edited by Alisen Downey