Add-on Acquisition • Communications

Frontier Communications Parent Acquires New Cingular Wireless Services

On December 17, 2013, Frontier Communications Parent acquired communications company New Cingular Wireless Services for 200M USD

Acquisition Context
  • This is Frontier Communications Parent’s 5th transaction in the Communications sector.
  • This is Frontier Communications Parent’s 5th largest (disclosed) transaction.
  • This is Frontier Communications Parent’s 5th transaction in the United States.
  • This is Frontier Communications Parent’s 1st transaction in Washington.

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M&A Deal Summary

Date December 17, 2013
Target New Cingular Wireless Services
Sector Communications
Buyer(s) Frontier Communications Parent
Deal Type Add-on Acquisition
Deal Value 200M USD

Target Company

New Cingular Wireless Services

Redmond, Washington, United States
New Cingular Wireless Services, Inc., doing business as AT&T Mobility, provides wireless communications service in the United States.
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Buyer Overview 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 Context for Buyer #
Overall 5 of 6
Sector: Communications 5 of 6
Type: Add-on Acquisition 2 of 2
State: Washington 1 of 1
Country: United States 5 of 6
Year: 2013 2 of 2
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-17 AT&T Wireline Broadband and Video Operations

Connecticut, United States

AT&T Wireline, Broadband and Video Operations, comprises 415,000 data, 875,000 voice, and 215,000 video connections in Connecticut.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-05 Verizon Communications - Wireline Operations in California Florida and Texas

New York, New York, United States

Verizon's Wireline Operations in California, Florida and Texas include 3.7 million voice connections, 2.2 million broadband connections, and 1.2 million FiOS® video connections.

Buy $10.5B