Partners with Crius Energy to Provide Electric and Gas through Local Providers
STAMFORD, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NASDAQ: FTR), the largest provider of communications services focused on rural America, today announced the launch of FTR Energy Services, a cost-effective, clean energy service offering electricity and natural gas. Frontier Communications is among the first companies to leverage the convergence of broadband and energy and has selected Crius Energy, a leading renewable energy provider with retail energy companies in 10 states and the District of Columbia.
“Convergence has been a key driver for the information technology, communications and broadband industries, and the energy sector is a natural addition in that process,” said Ann Burr, president, New Product Trials and Integration, Frontier Communications. “FTR Energy Services builds on our strong relationship with our customers and our commitment to the communities we serve. They trust us to provide additional value, and we take that obligation to heart. As with other partnerships, we have selected industry leader, Crius Energy, to craft an offering that helps customers and enhances our business without additional cost or operational complexity. Customers and shareholders alike will benefit from this new service. It’s a truly positive addition to our robust home and small business offerings.”
FTR Energy Services is a wholly-owned subsidiary of Crius Energy and will launch in select markets in November 2012. Crius Energy is a pioneer in telecom and energy relationships and was first to recognize the opportunities available between broadband and energy companies.
“Frontier Communications is one of the most innovative broadband companies in the industry, offering customers best-in-class services while investing in the local communities it serves,” said Michael Fallquist, chief executive officer of Crius Energy. “In those markets, customers are the neighbors and friends of Frontier employees. The community relies on these employees for recommendations as to great service and value. We are proud to work with Frontier to offer affordable, clean-burning natural gas and green electricity options to consumers and pleased that these options will be available through a customer’s trusted local energy supplier.”
For more information on Frontier Energy, please visit www.ftrenergyservices.com.
About FTR Energy Services
FTR Energy Services is a provider of affordable, green retail energy. The company will initially provide 100 percent green electricity to customers in New York and Ohio, and clean-burning natural gas to customers in Indiana, with plans to expand its service locations. FTR Energy Services LLC is a subsidiary of Crius Energy LLC. FTR Energy Services was created through a strategic marketing relationship with Frontier Communications (NASDAQ: FTR). FTR Energy Services uses the FTR name under a license agreement with Frontier Communications. Through this landmark launch, Frontier Communications demonstrates a commitment to sustainability and innovation as one of the first telecommunications providers to offer green energy options to customers along with Internet, entertainment and phone services. More information is available at www.ftrenergyservices.com
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) is an S&P 500 company and is included in the FORTUNE 500 list of America's largest corporations. Frontier offers broadband, voice, satellite video, wireless Internet data access, data security solutions, bundled offerings and specialized bundles for residential customers, small businesses and home offices and advanced communications for medium and large businesses in 27 states. Frontier's approximately 15,300 employees are based entirely in the United States. More information is available at www.frontier.com.
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Source: Frontier Communications Corporation