As a former employee, I predict that Frontier will crash and burn and inevitably declare bankruptcy. I saw the company lay off huge numbers of good, qualified, hard-to-find employees that they had invested significant training in, just to bolster the company's bottom line. These weren't phone call takers and janitors - they were engineers, programmers, and managers. These kinds of qualified people don't grow on trees.
Frontier leadership would rather fire huge masses of employees in the hopes of somehow finding profitability rather than get rid of nearsighted leadership that doesn't have a clue on how to keep this company afloat. In the last four years Frontier stock lost 80% of its value, and thousands of employees have either been laid off or quit for more stable jobs. By clutching legacy landline telephone services and cable TV, Frontier is dead-set on going down with the ship while wireless and Internet television services continue to grow nationwide like an adolescent on steroids.
The smartest thing that Frontier shareholders and the board could do at this point would be to fire CEO Dan McCarthy and his lackey, CTO Steve Gable.
Bumped from @WCvlVc2-22qjy, on point.