If the closing of the merger had occurred on May 24, 2010, each Verizon stockholder would have received one share of Frontier common stock for approximately every 4.2 shares of Verizon common stock owned on an assumed record date, or approximately 0.238 shares of Frontier common stock for each share of Verizon common stock owned on that record date. It is anticipated that both the spinoff of New Communications to Verizon stockholders and the merger of New Communications with Frontier will occur on July 1, 2010. The New Communications shares will then immediately be converted into shares of Frontier common stock in the merger of New Communications with Frontier. Distribution Ratio Subject to the satisfaction of certain conditions, Verizon will spin off New Communications by distributing all of the shares of New Communications common stock to a distribution agent, which will hold those New Communications shares for the benefit of Verizon stockholders. Holders of Verizon common stock will not be required to pay for any shares of Frontier common stock that they receive and will also retain all of their shares of Verizon common stock. Immediately following the completion of the merger, it is estimated that Verizon stockholders will collectively own between approximately 66 percent and 71 percent of the shares of Frontier common stock and Frontier stockholders will collectively own between approximately 29 percent and 34 percent, in each case, before accounting for the elimination of fractional shares. Immediately following the spinoff, New Communications will merge with Frontier. New Communications will hold defined assets and liabilities that are used in Verizon’s local exchange business and related landline activities in 13 states - Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia and Wisconsin - and in portions of California bordering Arizona, Nevada and Oregon. This spinoff and the merger of New Communications with Frontier Communications Corporation (NYSE: FTR) is expected to occur on July 1, 2010, subject to the satisfaction of closing conditions in the merger agreement among Verizon, Frontier and New Communications. (NYSE, NASDAQ: VZ) today announced that it has established a record date of June 7, 2010, subject to certain conditions, in connection with the proposed spinoff of shares of New Communications Holdings Inc., a subsidiary of Verizon, to Verizon stockholders.
![verizon in home agent for frontier verizon in home agent for frontier](https://pbs.twimg.com/profile_images/1496084891682938880/lqK-t6JR_400x400.png)
If you ordered Fios TV, the technician will need room to work around your TV(s).This is from Verizons Web site: Verizon Communications Inc. The technician will also need room to work around your computer as well as any areas where Ethernet jacks will be installed. The Verizon Technician will need access to the location where your utilities enter your home or garage. Someone 18 years or older must be presentĪn adult who can make decisions regarding equipment placement and computer configuration options must be present for the entire installation.Ĭlear a path for the Verizon Technician to work
![verizon in home agent for frontier verizon in home agent for frontier](https://www.reviews.org/app/uploads/2016/07/FrontierVantage-TVReview-1.jpg)
Make sure you allow enough time for installation. This outlet must not be controlled by a switch.Ī typical installation takes 4 - 6 hours after the Verizon Technician arrives at your home. Nearby this area, you will need an indoor grounded electrical outlet that accepts three-pronged power cords. Make sure your computer meets the minimum system requirements to work with Verizon Fios Internet Service.įind the area where your utilities enter your home or garage.
![verizon in home agent for frontier verizon in home agent for frontier](https://cdn.arstechnica.net/wp-content/uploads/2012/08/verizon-fios.jpeg)
Make sure your computer meets minimum requirements