M&A Deal Summary

Frontier Communications Parent Acquires Navajo Communications Company

On October 31, 1994, Frontier Communications Parent acquired communications company Navajo Communications Company from Alltel

Acquisition Highlights
  • This is Frontier Communications Parent’s 1st transaction in the Communications sector.
  • This is Frontier Communications Parent’s 1st transaction in the United States.
  • This is Frontier Communications Parent’s 1st transaction in Tennessee.

M&A Deal Summary

Date 1994-10-31
Target Navajo Communications Company
Sector Communications
Buyer(s) Frontier Communications Parent
Sellers(s) Alltel
Deal Type Divestiture

Target

Navajo Communications Company

Cookeville, Tennessee, United States
Navajo Communications Company, Inc. provides telecommunciations services.

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Buyer(S) 1

Buyer

Frontier Communications Parent

Dallas, Texas, United States

Category Company
Founded 1935
Sector Communications
Revenue 5.7B USD (2023)
DESCRIPTION

Frontier Communications Parent is a provider of broadband, voice, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers, small businesses, and home offices, and advanced communications for medium and large businesses in 27 states. Frontier Communications Parent was founded in 1935 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 1 of 6
Sector (Communications) 1 of 6
Type (Divestiture) 1 of 4
State (Tennessee) 1 of 1
Country (United States) 1 of 6
Year (1994) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-15 Citizens Communications - Conferencing Services Division

Chicago, United States

Citizens Communications - Conferencing Services Division is a full suite of audio and Web conferencing services.

Sell $41M

Seller(S) 1

SELLER

Alltel

Little Rock, Arkansas, United States

Category Company
Founded 1943
Sector Communications
Employees85,600
DESCRIPTION

Alltel Corp. is an owner and operator of a wireless network and has approximately 12 million wireless customers, both individuals and businesses. Alltel owns a majority interest in wireless operations in more than 100 metropolitan service areas and a majority interest in more than 200 rural service areas.


DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 2
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 2
Year (1994) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-15 PMG Systems

West Chester, Pennsylvania, United States

PMG Systems, Inc. is a provider of profitability measurement and activity based costing software for financial service companies worldwide.

Buy -