|
||
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(IRS Employer Identification Number)
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Item 7.01
|
Regulation FD Disclosure.
|
Item 9.01
|
Financial Statements and Exhibits
|
(d)
|
Exhibits
|
Exhibit No.
|
Description of Exhibit
|
|
Monthly Operating Report for the period from November 1, 2020 to November 30, 2020, filed with the United
States Bankruptcy Court of the Southern District of New York
|
||
104
|
Cover Page Interactive Data File (embedded within the Inline XBRL document)
|
FRONTIER COMMUNICATIONS CORPORATION
|
||
Date: December 18, 2020
|
By:
|
/s/ Mark D. Nielsen
|
Mark D. Nielsen
|
||
Executive Vice President, Chief Legal Officer and Chief Transaction Officer
|
In re: FRONTIER COMMUNICATIONS
CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
CORPORATE MONTHLY OPERATING REPORT
|
||||||
Required Documents
|
Form No.
|
Document
Attached
|
Explanation
Attached
|
|||
Schedule of Cash Receipts and Disbursements
|
MOR-1
|
Yes
|
No
|
|||
Bank Reconciliation (or copies of debtor’s bank reconciliations)
|
MOR-1
|
Yes
|
No
|
|||
Copies of bank statements[1]
|
||||||
Cash disbursements journals[1]
|
||||||
Statement of Operations
|
MOR-2
|
Yes
|
No
|
|||
Balance Sheet
|
MOR-3
|
Yes
|
No
|
|||
Status of Post-petition Taxes
|
MOR-4
|
Yes
|
No
|
|||
Copies of IRS Form 6123 or payment receipt[1]
|
||||||
Copies of tax returns filed during reporting period[1]
|
||||||
Summary of Unpaid Post-Petition Debts
|
MOR-4
|
Yes
|
No
|
|||
Listing of Aged Accounts Payable[1]
|
||||||
Accounts Receivable Aging
|
MOR-5
|
Yes
|
No
|
|||
Payments to Insiders
|
MOR-6
|
Yes
|
No
|
|||
Payments to Professionals
|
MOR-6
|
Yes
|
No
|
|||
Debtor Questionnaire
|
MOR-7
|
Yes
|
No
|
/s/ Sheldon L. Bruha
|
December 18th, 2020
|
||
Signature
|
Date
|
In re: FRONTIER COMMUNICATIONS
CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
LISTING OF DEBTOR ENTITIES
|
|
|
|
|
|
Debtor
|
Case
Number |
Debtor
|
Case
Number |
||
Citizens Capital Ventures Corp.
|
20-22477
|
Frontier Communications Of Indiana, LLC
|
20-22543
|
||
Citizens Directory Services Company L.L.C.
|
20-22478
|
Frontier Communications Of Iowa, LLC
|
20-22545
|
||
Citizens Louisiana Accounting Company
|
20-22479
|
Frontier Communications Of Lakeside, Inc.
|
20-22550
|
||
Citizens Newcom Company
|
20-22480
|
Frontier Communications Of Lakewood, LLC
|
20-22554
|
||
Citizens Newtel, LLC
|
20-22486
|
Frontier Communications Of Michigan, Inc.
|
20-22558
|
||
Citizens Pennsylvania Company LLC
|
20-22493
|
Frontier Communications Of Minnesota, Inc.
|
20-22561
|
||
Citizens SERP Administration Company
|
20-22497
|
Frontier Communications Of Mississippi LLC
|
20-22564
|
||
Citizens Telecom Services Company L.L.C.
|
20-22501
|
Frontier Communications Of Mt. Pulaski, Inc.
|
20-22567
|
||
Citizens Telecommunications Company Of Minnesota, LLC
|
20-22519
|
Frontier Communications Of New York, Inc.
|
20-22571
|
||
Citizens Telecommunications Company Of California Inc.
|
20-22508
|
Frontier Communications Of Orion, Inc.
|
20-22572
|
||
Citizens Telecommunications Company Of Illinois
|
20-22514
|
Frontier Communications Of Oswayo River LLC
|
20-22482
|
||
Citizens Telecommunications Company Of Nebraska
|
20-22528
|
Frontier Communications Of Pennsylvania, LLC
|
20-22485
|
||
Citizens Telecommunications Company Of Nebraska LLC
|
20-22532
|
Frontier Communications Of Rochester, Inc.
|
20-22489
|
||
Citizens Telecommunications Company Of Nevada
|
20-22539
|
Frontier Communications Of Seneca-Gorham, Inc.
|
20-22491
|
||
Citizens Telecommunications Company Of New York, Inc.
|
20-22544
|
Frontier Communications Of Sylvan Lake, Inc.
|
20-22494
|
||
Citizens Telecommunications Company Of Tennessee L.L.C.
|
20-22553
|
Frontier Communications of the Carolinas LLC
|
20-22498
|
||
Citizens Telecommunications Company Of The White Mountains, Inc.
|
20-22481
|
Frontier Communications Of The South, LLC
|
20-22503
|
||
Citizens Telecommunications Company Of Utah
|
20-22487
|
Frontier Communications Of The Southwest Inc.
|
20-22505
|
||
Citizens Telecommunications Company Of West Virginia
|
20-22492
|
Frontier Communications Of Thorntown, LLC
|
20-22509
|
||
Citizens Utilities Capital L.P.
|
20-22496
|
Frontier Communications Of Virginia, Inc.
|
20-22513
|
||
Citizens Utilities Rural Company, Inc.
|
20-22502
|
Frontier Communications Of Wisconsin LLC
|
20-22518
|
||
Commonwealth Communication, LLC
|
20-22504
|
Frontier Communications Online And Long Distance Inc.
|
20-22522
|
||
Commonwealth Telephone Company LLC
|
20-22512
|
Frontier Communications Services Inc.
|
20-22527
|
||
Commonwealth Telephone Enterprises LLC
|
20-22516
|
Frontier Directory Services Company, LLC
|
20-22533
|
||
Commonwealth Telephone Management Services, Inc.
|
20-22521
|
Frontier Florida LLC
|
20-22537
|
||
CTE Holdings, Inc.
|
20-22526
|
Frontier Infoservices Inc.
|
20-22540
|
||
CTE Services, Inc.
|
20-22531
|
Frontier Midstates Inc.
|
20-22549
|
||
CTE Telecom, LLC
|
20-22536
|
Frontier Mobile LLC
|
20-22551
|
||
CTSI, LLC
|
20-22541
|
Frontier North Inc.
|
20-22556
|
||
CU Capital LLC
|
20-22546
|
Frontier Security Company
|
20-22560
|
||
CU Wireless Company LLC
|
20-22552
|
Frontier Services Corp.
|
20-22563
|
||
Electric Lightwave NY, LLC
|
20-22557
|
Frontier Southwest Incorporated
|
20-22484
|
||
Evans Telephone Holdings, Inc.
|
20-22562
|
Frontier Subsidiary Telco LLC
|
20-22490
|
||
Fairmount Cellular LLC
|
20-22566
|
Frontier Techserv, Inc.
|
20-22499
|
||
Frontier ABC LLC
|
20-22570
|
Frontier Telephone Of Rochester, Inc.
|
20-22507
|
||
Frontier California Inc.
|
20-22573
|
Frontier Video Services Inc.
|
20-22515
|
||
Frontier Communications - Midland, Inc.
|
20-22574
|
Frontier West Virginia Inc.
|
20-22524
|
||
Frontier Communications - Prairie, Inc.
|
20-22569
|
GVN Services
|
20-22530
|
||
Frontier Communications - Schuyler, Inc.
|
20-22483
|
N C C Systems, Inc.
|
20-22535
|
||
Frontier Communications Corporate Services Inc.
|
20-22488
|
Navajo Communications Co., Inc.
|
20-22542
|
||
Frontier Communications Corporation
|
20-22476
|
Newco West Holdings LLC
|
20-22548
|
||
Frontier Communications ILEC Holdings LLC
|
20-22495
|
Ogden Telephone Company
|
20-22555
|
||
Frontier Communications Of America, Inc.
|
20-22506
|
Phone Trends, Inc.
|
20-22475
|
||
Frontier Communications Of Ausable Valley, Inc.
|
20-22511
|
Rhinelander Telecommunications, LLC
|
20-22559
|
||
Frontier Communications Of Breezewood, LLC
|
20-22517
|
Rib Lake Cellular For Wisconsin RSA #3, Inc.
|
20-22565
|
||
Frontier Communications Of Canton, LLC
|
20-22520
|
Rib Lake Telecom, Inc.
|
20-22568
|
||
Frontier Communications of Delaware, Inc.
|
20-22525
|
SNET America, Inc.
|
20-22578
|
||
Frontier Communications Of Depue, Inc.
|
20-22529
|
TCI Technology & Equipment LLC
|
20-22575
|
||
Frontier Communications Of Georgia LLC
|
20-22534
|
The Southern New England Telephone Company
|
20-22576
|
||
Frontier Communications Of Illinois, Inc.
|
20-22538
|
Total Communications, Inc.
|
20-22577
|
||
Northwest Operations Debtor Entities[1]
|
|||||
Frontier Communications Northwest Inc.
|
20-22500
|
Citizens Telecommunications Company Of Idaho
|
20-22510
|
||
Citizens Telecommunications Company Of Oregon
|
20-22547
|
Citizens Telecommunications Company Of Montana
|
20-22523
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D.
06-0619596
|
MOR-1: SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS[1]
|
Case
Number
|
Debtor
|
Cash
Receipts
|
Cash
Disbursements
|
|||
20-22477
|
Citizens Capital Ventures Corp.
|
$ -
|
$ -
|
|||
20-22478
|
Citizens Directory Services Company L.L.C.
|
-
|
-
|
|||
20-22479
|
Citizens Louisiana Accounting Company
|
-
|
-
|
|||
20-22480
|
Citizens Newcom Company
|
-
|
-
|
|||
20-22486
|
Citizens Newtel, LLC
|
-
|
-
|
|||
20-22493
|
Citizens Pennsylvania Company LLC
|
-
|
-
|
|||
20-22497
|
Citizens SERP Administration Company
|
-
|
-
|
|||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
450,863,491
|
450,835,855
|
|||
20-22519
|
Citizens Telecommunications Company Of Minnesota, LLC
|
-
|
-
|
|||
20-22508
|
Citizens Telecommunications Company Of California Inc.
|
-
|
-
|
|||
20-22514
|
Citizens Telecommunications Company Of Illinois
|
-
|
-
|
|||
20-22528
|
Citizens Telecommunications Company Of Nebraska
|
-
|
-
|
|||
20-22532
|
Citizens Telecommunications Company Of Nebraska LLC
|
-
|
-
|
|||
20-22539
|
Citizens Telecommunications Company Of Nevada
|
-
|
-
|
|||
20-22544
|
Citizens Telecommunications Company Of New York, Inc.
|
-
|
-
|
|||
20-22553
|
Citizens Telecommunications Company Of Tennessee L.L.C.
|
-
|
-
|
|||
20-22481
|
Citizens Telecommunications Company Of The White Mountains, Inc.
|
-
|
-
|
|||
20-22487
|
Citizens Telecommunications Company Of Utah
|
-
|
-
|
|||
20-22492
|
Citizens Telecommunications Company Of West Virginia
|
-
|
-
|
|||
20-22496
|
Citizens Utilities Capital L.P.
|
-
|
-
|
|||
20-22502
|
Citizens Utilities Rural Company, Inc.
|
-
|
-
|
|||
20-22504
|
Commonwealth Communication, LLC
|
-
|
-
|
|||
20-22512
|
Commonwealth Telephone Company LLC
|
-
|
-
|
|||
20-22516
|
Commonwealth Telephone Enterprises LLC
|
-
|
-
|
|||
20-22521
|
Commonwealth Telephone Management Services, Inc.
|
-
|
-
|
|||
20-22526
|
CTE Holdings, Inc.
|
-
|
-
|
|||
20-22531
|
CTE Services, Inc.
|
-
|
-
|
|||
20-22536
|
CTE Telecom, LLC
|
-
|
-
|
|||
20-22541
|
CTSI, LLC
|
-
|
-
|
|||
20-22546
|
CU Capital LLC
|
-
|
-
|
|||
20-22552
|
CU Wireless Company LLC
|
-
|
-
|
|||
20-22557
|
Electric Lightwave NY, LLC
|
-
|
-
|
|||
20-22562
|
Evans Telephone Holdings, Inc.
|
-
|
-
|
|||
20-22566
|
Fairmount Cellular LLC
|
-
|
-
|
|||
20-22570
|
Frontier ABC LLC
|
-
|
-
|
|||
20-22573
|
Frontier California Inc.
|
-
|
-
|
|||
20-22574
|
Frontier Communications - Midland, Inc.
|
-
|
-
|
|||
20-22569
|
Frontier Communications - Prairie, Inc.
|
-
|
-
|
|||
20-22483
|
Frontier Communications - Schuyler, Inc.
|
-
|
-
|
|||
20-22488
|
Frontier Communications Corporate Services Inc.
|
-
|
-
|
|||
20-22476
|
Frontier Communications Corporation
|
2,162,348,905
|
2,025,575,131
|
|||
20-22495
|
Frontier Communications ILEC Holdings LLC
|
-
|
112,714,912
|
|||
20-22506
|
Frontier Communications Of America, Inc.
|
-
|
-
|
|||
20-22511
|
Frontier Communications Of Ausable Valley, Inc.
|
-
|
-
|
|||
20-22517
|
Frontier Communications Of Breezewood, LLC
|
-
|
-
|
|||
20-22520
|
Frontier Communications Of Canton, LLC
|
-
|
-
|
|||
20-22525
|
Frontier Communications of Delaware, Inc.
|
-
|
-
|
|||
20-22529
|
Frontier Communications Of Depue, Inc.
|
-
|
-
|
|||
20-22534
|
Frontier Communications Of Georgia LLC
|
-
|
-
|
|||
20-22538
|
Frontier Communications Of Illinois, Inc.
|
-
|
-
|
|||
20-22543
|
Frontier Communications Of Indiana, LLC
|
-
|
-
|
|||
20-22545
|
Frontier Communications Of Iowa, LLC
|
-
|
-
|
|||
20-22550
|
Frontier Communications Of Lakeside, Inc.
|
-
|
-
|
|||
20-22554
|
Frontier Communications Of Lakewood, LLC
|
-
|
-
|
|||
20-22558
|
Frontier Communications Of Michigan, Inc.
|
-
|
-
|
|||
20-22561
|
Frontier Communications Of Minnesota, Inc.
|
-
|
-
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476
(RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D.
06-0619596
|
MOR-1: SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS[1]
|
Case
Number
|
Debtor
|
Cash
Receipts
|
Cash
Disbursements
|
20-22564
|
Frontier Communications Of Mississippi LLC
|
-
|
-
|
|||
20-22567
|
Frontier Communications Of Mt. Pulaski, Inc.
|
-
|
-
|
|||
20-22571
|
Frontier Communications Of New York, Inc.
|
-
|
-
|
|||
20-22572
|
Frontier Communications Of Orion, Inc.
|
-
|
-
|
|||
20-22482
|
Frontier Communications Of Oswayo River LLC
|
-
|
-
|
|||
20-22485
|
Frontier Communications Of Pennsylvania, LLC
|
-
|
-
|
|||
20-22489
|
Frontier Communications Of Rochester, Inc.
|
-
|
-
|
|||
20-22491
|
Frontier Communications Of Seneca-Gorham, Inc.
|
-
|
-
|
|||
20-22494
|
Frontier Communications Of Sylvan Lake, Inc.
|
-
|
-
|
|||
20-22498
|
Frontier Communications of the Carolinas LLC
|
-
|
-
|
|||
20-22503
|
Frontier Communications Of The South, LLC
|
-
|
-
|
|||
20-22505
|
Frontier Communications Of The Southwest Inc.
|
-
|
-
|
|||
20-22509
|
Frontier Communications Of Thorntown, LLC
|
-
|
-
|
|||
20-22513
|
Frontier Communications Of Virginia, Inc.
|
-
|
-
|
|||
20-22518
|
Frontier Communications Of Wisconsin LLC
|
50,421
|
37,124
|
|||
20-22522
|
Frontier Communications Online And Long Distance Inc.
|
-
|
-
|
|||
20-22527
|
Frontier Communications Services Inc.
|
-
|
-
|
|||
20-22533
|
Frontier Directory Services Company, LLC
|
-
|
-
|
|||
20-22537
|
Frontier Florida LLC
|
-
|
-
|
|||
20-22540
|
Frontier Infoservices Inc.
|
-
|
-
|
|||
20-22549
|
Frontier Midstates Inc.
|
-
|
-
|
|||
20-22551
|
Frontier Mobile LLC
|
-
|
-
|
|||
20-22556
|
Frontier North Inc.
|
-
|
-
|
|||
20-22560
|
Frontier Security Company
|
-
|
-
|
|||
20-22563
|
Frontier Services Corp.
|
-
|
-
|
|||
20-22484
|
Frontier Southwest Incorporated
|
-
|
-
|
|||
20-22490
|
Frontier Subsidiary Telco LLC
|
-
|
-
|
|||
20-22499
|
Frontier Techserv, Inc.
|
-
|
-
|
|||
20-22507
|
Frontier Telephone Of Rochester, Inc.
|
2,393,461
|
2,393,000
|
|||
20-22515
|
Frontier Video Services Inc.
|
-
|
-
|
|||
20-22524
|
Frontier West Virginia Inc.
|
-
|
-
|
|||
20-22530
|
GVN Services
|
-
|
-
|
|||
20-22535
|
N C C Systems, Inc.
|
-
|
-
|
|||
20-22542
|
Navajo Communications Co., Inc.
|
-
|
-
|
|||
20-22548
|
Newco West Holdings LLC
|
-
|
-
|
|||
20-22555
|
Ogden Telephone Company
|
-
|
-
|
|||
20-22475
|
Phone Trends, Inc.
|
-
|
-
|
|||
20-22559
|
Rhinelander Telecommunications, LLC
|
-
|
-
|
|||
20-22565
|
Rib Lake Cellular For Wisconsin RSA #3, Inc.
|
-
|
-
|
|||
20-22568
|
Rib Lake Telecom, Inc.
|
-
|
-
|
|||
20-22578
|
SNET America, Inc.
|
-
|
-
|
|||
20-22575
|
TCI Technology & Equipment LLC
|
-
|
-
|
|||
20-22576
|
The Southern New England Telephone Company
|
-
|
-
|
|||
20-22577
|
Total Communications, Inc.
|
4,784,549
|
4,964,922
|
|||
|
|
|||||
Northwest Operations Debtor Entities
|
||||||
20-22500
|
Frontier Communications Northwest Inc.
|
-
|
-
|
|||
20-22547
|
Citizens Telecommunications Company Of Oregon
|
-
|
-
|
|||
20-22510
|
Citizens Telecommunications Company Of Idaho
|
-
|
-
|
|||
20-22523
|
Citizens Telecommunications Company Of Montana
|
-
|
-
|
|||
|
|
|||||
Total
|
|
$ 2,620,440,826
|
$ 2,596,520,945
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-1: BANK ACCOUNT RECONCILIATIONS[1]
|
Case
Number |
Legal Entity
|
Institution
|
Type of Account
|
Account
Number[2] |
Ending Bank Balance
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Asset Management
|
Money Market Fund
|
x1091
|
$ 751,000,000
|
|||||
20-22495
|
Frontier Communications ILEC Holdings LLC
|
JPMorgan Asset Management
|
Money Market Fund
|
x4650
|
525,265,991
|
|||||
20-22476
|
Frontier Communications Corporation
|
Wells Fargo Bank, N.A.
|
Money Market Fund
|
x6390
|
484,532,452
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Restricted Cash
|
x0413
|
48,789,520
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Primary Concentration
|
x1846
|
6,151,396
|
|||||
20-22476
|
Frontier Communications Corporation
|
HSBC Bank USA, N.A.
|
Sub-Concentration
|
x6485
|
25,377,444
|
|||||
20-22476
|
Frontier Communications Corporation
|
Fifth Third Bank
|
Sub-Concentration & Collection
|
x3292
|
13,541,371
|
|||||
20-22476
|
Frontier Communications Corporation
|
HSBC Bank USA, N.A.
|
Disbursement
|
x9737
|
5,000,493
|
|||||
20-22476
|
Frontier Communications Corporation
|
HSBC Bank USA, N.A.
|
Disbursement
|
x5392
|
1,170,485
|
|||||
20-22476
|
Frontier Communications Corporation
|
HSBC Bank USA, N.A.
|
Disbursement
|
x3446
|
3,614,621
|
|||||
20-22495
|
Frontier Communications ILEC Holdings LLC
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x1087
|
808,933
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Disbursement
|
x9544
|
587,605
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Disbursement
|
x6388
|
267,181
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
HSBC Bank USA, N.A.
|
Collection
|
x8011
|
200,522
|
|||||
20-22577
|
Total Communications, Inc.
|
TD Bank, N.A.
|
Local / Sub-Concentration
|
x9625
|
552,299
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Disbursement
|
x9551
|
100,998
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Disbursement
|
x9536
|
41,511
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Wells Fargo Bank, N.A.
|
Sub-Concentration & Collection
|
x6027
|
77,486
|
|||||
20-22476
|
Frontier Communications Corporation
|
HSBC Bank USA, N.A.
|
Disbursement
|
x5406
|
50,471
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
HSBC Bank USA, N.A.
|
Collection
|
x9765
|
50,943
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Disbursement
|
x9569
|
32,780
|
|||||
20-22563
|
Frontier Services Corp.
|
JPMorgan Chase Bank, N.A.
|
Local / Captive Insurance
|
x7809
|
25,850
|
|||||
20-22476
|
Frontier Communications Corporation
|
HSBC Bank USA, N.A.
|
Collection
|
x5870
|
20,743
|
|||||
20-22507
|
Frontier Telephone Of Rochester, Inc.
|
HSBC Bank USA, N.A.
|
Collection
|
x7702
|
20,885
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
PNC Bank, N.A.
|
Sub-Concentration & Collection
|
x0723
|
18,765
|
|||||
20-22518
|
Frontier Communications Of Wisconsin LLC
|
Associated Bank, N.A.
|
Local / Depository
|
x2166
|
35,348
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Associated Bank, N.A.
|
Local / Depository
|
x2071
|
6,703
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Norwich Telops Federal Credit Union
|
Local / Depository
|
x4523
|
5,349
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x7638
|
9,437
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x2529
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
BlackRock Investments, Inc.
|
Money Market Fund
|
x2605
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
Deutsche Bank – DWS
|
Money Market Fund
|
x2495
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
Deutsche Bank AG
|
Local / Restricted Cash
|
x0024
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Fifth Third Bank
|
Collection
|
x7963
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Fifth Third Bank
|
Collection
|
x3872
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Fifth Third Bank
|
Collection
|
x0349
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Fifth Third Bank
|
Collection
|
x2523
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Fifth Third Bank
|
Collection
|
x2531
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
Goldman Sachs & Co
|
Money Market Fund
|
x8515
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x8819
|
-
|
|||||
20-22576
|
The Southern New England Telephone Company
|
JPMorgan Chase Bank, N.A.
|
Local / Reserved
|
x8119
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x9829
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x9837
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x9845
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x1867
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x1913
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x8559
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x8674
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x8682
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x8751
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
JPMorgan Chase Bank, N.A.
|
Disbursement
|
x6615
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x7977
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
JPMorgan Chase Bank, N.A.
|
Collection
|
x8314
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
M & T Bank
|
Sub-Concentration
|
xxxx
|
-
|
|||||
20-22507
|
Frontier Telephone Of Rochester, Inc.
|
M & T Bank
|
Collection
|
x2596
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
M & T Bank
|
Collection
|
x3596
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
Morgan Stanley
|
Money Market Fund
|
x0280
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
PNC Bank, N.A.
|
Collection
|
x0731
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Wells Fargo Bank, N.A.
|
Collection
|
x1885
|
-
|
|||||
20-22501
|
Citizens Telecom Services Company L.L.C.
|
Wells Fargo Bank, N.A.
|
Collection
|
x4599
|
-
|
|||||
20-22476
|
Frontier Communications Corporation
|
Deutsche Bank AG
|
Local / Drawdown
|
x0032
|
-
|
|||||
Total Bank Balance (incl. restricted cash)
|
$ 1,867,357,581
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-1: BANK ACCOUNT RECONCILIATIONS[1]
|
Case
Number |
Legal Entity
|
Institution
|
Type of Account
|
Account
Number[2] |
Ending Bank Balance
|
Bank-to-Book Reconciliation:
|
|
Total Bank Balance
|
$ 1,867,357,581
|
(+) Receipts in Transit
|
14,211,275
|
(-) Restricted Cash
|
(58,321,972)
|
Cash and Cash Equivalents - Book
|
$ 1,823,246,885
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-2: STATEMENT OF OPERATIONS (UNAUDITED)
|
||
($ 000s)
|
||
11/1/20 - 11/30/20
|
||
Revenue
|
$ 565,795
|
|
Cost of Services
|
(66,766)
|
|
Other O&M Expenses
|
(247,681)
|
|
Taxes Other Than Income
|
(18,813)
|
|
Total Operating & Maintenance Expense
|
($ 333,259)
|
|
Depreciation and Amortization
|
(129,927)
|
|
Other Income (Loss)
|
(85,420)
|
|
Income from Operations
|
$ 17,188
|
|
Interest Expense
|
(35,336)
|
|
Income Taxes
|
(10,046)
|
|
Net Income
|
|
($ 28,194)
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-3: BALANCE SHEET (UNAUDITED)
|
||
($ 000s)
|
||
As of 11/30/20
|
||
Current Assets:
|
||
Cash and Cash Equivalents
|
$ 71,954
|
|
Temporary Investments
|
1,751,293
|
|
Accounts Receivable, Net
|
563,772
|
|
Prepayments
|
96,688
|
|
Other Current Assets
|
197,599
|
|
Total Current Assets
|
$ 2,681,306
|
|
Property, Plant, & Equipment, Net
|
12,907,262
|
|
Other Assets:
|
||
Goodwill
|
(0)
|
|
Intangibles
|
702,660
|
|
Notes Receivable
|
-
|
|
Unamortized Debt Issuance Costs
|
-
|
|
Restricted Cash
|
44,758
|
|
Other Deferred Debits
|
116,967
|
|
Receivable from Associated Companies
|
-
|
|
Investment in Associated Companies
|
(0)
|
|
Other Assets
|
353,433
|
|
Total Assets
|
$ 16,806,386
|
|
Current Liabilities:
|
||
Total Accounts Payable
|
528,993
|
|
Current Portion of Long-Term Debt
|
2,080,490
|
|
Advanced Billing
|
205,291
|
|
Customers’ Deposits
|
5,797
|
|
Interest Accrued
|
25,333
|
|
Accrued Taxes
|
291,849
|
|
Current Pension & OPEB Liabilities
|
42,853
|
|
Other Current & Accr Liabilities
|
302,996
|
|
Total Current Liabilities
|
$ 3,483,603
|
|
Other Liabilities:
|
||
Customer Advances for Construction
|
7,130
|
|
Other Payables
|
346,519
|
|
Deferred Income Taxes
|
298,991
|
|
Other Deferred Credits
|
29,499
|
|
Long Term Pension & OPEB Liabilities
|
2,294,032
|
|
Payables to Associated Companies
|
-
|
|
Advances from Associated Companies
|
0
|
|
Other Long-Term Debt[1]
|
3,654,138
|
|
Contributions in Aid of Construction
|
13,896
|
|
Liabilities Subject to Compromise[2]
|
11,609,485
|
|
Total Liabilities
|
$ 21,737,293
|
|
Equity:
|
||
Common Stock Series B
|
26,506
|
|
Preferred Stock
|
-
|
|
Additional Paid In Capital
|
4,790,167
|
|
Net Retained Earnings
|
(8,940,171)
|
|
Unrealized Gain (Loss)
|
(821,174)
|
|
Reduction to Equity
|
28,071
|
|
Treasury Stock
|
(14,306)
|
|
Total Equity
|
($ 4,930,907)
|
|
Total Liability & Equity
|
$ 16,806,386
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-4: STATUS OF POST-PETITION TAXES
|
/s/ Sheldon L. Bruha
|
December 18th, 2020
|
||
Signature
|
Date
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-4: SUMMARY OF UNPAID POST-PETITION DEBTS[1][2]
|
($ 000s)
|
||||||||||||
Post-Petition Debts
|
Current
|
1 - 30
|
31 - 60
|
61 - 90
|
90+
|
Total
|
||||||
Trade Accounts Payable[3]
|
$ 160,704
|
$ 4,349
|
$ 1,420
|
$ 25
|
$ 49
|
$ 166,547
|
||||||
Other Accruals
|
362,446
|
362,446
|
||||||||||
Total Accounts Payable
|
$ 523,149
|
$ 4,349
|
$ 1,420
|
$ 25
|
$ 49
|
$ 528,993
|
||||||
Advanced Payments and Customer Deposits
|
211,088
|
211,088
|
||||||||||
Interest Accrued
|
25,333
|
25,333
|
||||||||||
Taxes Accrued
|
291,849
|
291,849
|
||||||||||
Other Current & Accr Liabilities
|
302,996
|
302,996
|
||||||||||
Other Payables - Long Term
|
346,519
|
346,519
|
||||||||||
Total
|
$ 1,354,416
|
$ 4,349
|
$ 1,420
|
$ 25
|
$ 49
|
$ 1,706,778
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-5: ACCOUNTS RECEIVABLE AGING
|
($ 000s)
|
||||||||||
Current
|
31 - 60
|
61 - 90
|
90+
|
Total
|
||||||
Gross Receivables
|
$ 414,494
|
$ 68,502
|
$ 25,451
|
$ 183,642
|
$ 692,089
|
|||||
Less: Allowances and Reserves
|
(128,316)
|
(128,316)
|
||||||||
Net Receivable Balance
|
$ 414,494
|
$ 68,502
|
$ 25,451
|
$ 55,325
|
$ 563,772
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-6: PAYMENTS TO INSIDERS[1]
|
Insider Name
|
Title
|
Type of
Payment |
Amount Paid
During Period |
Total Paid
to Date |
||||
Bernard Han
|
President & CEO
|
Compensation
|
$ 775,508
|
$ 2,760,594
|
||||
Bernard Han
|
President & CEO
|
Expense Reimbursement
|
-
|
8,155
|
||||
John Lass[2]
|
EVP, Chief Transformation Officer
|
Compensation
|
n/a
|
924,141
|
||||
John Lass
|
EVP, Chief Transformation Officer
|
Expense Reimbursement
|
n/a
|
7,389
|
||||
Steve Gable
|
EVP, Chief Technology Officer
|
Compensation
|
254,537
|
952,294
|
||||
Kenneth Arndt
|
EVP, Chief Operations Officer
|
Compensation
|
266,920
|
1,007,500
|
||||
Mark Nielsen
|
EVP, Chief Legal Officer & Chief Transaction Officer
|
Compensation
|
305,168
|
1,233,435
|
||||
Elisa Bannon-Jones[2]
|
EVP, Chief HR Officer
|
Compensation
|
n/a
|
667,537
|
||||
Sheldon Bruha
|
EVP, Chief Financial Officer
|
Compensation
|
234,817
|
894,795
|
||||
Giovanni Maduri[2]
|
EVP, Chief Customer Officer
|
Compensation
|
n/a
|
1,169,065
|
||||
Robert Schriesheim
|
Director
|
Fees
|
-
|
1,090,000
|
||||
Kevin Beebe
|
Director
|
Fees
|
-
|
300,000
|
||||
Mohsin Meghji
|
Director
|
Fees
|
-
|
300,000
|
||||
Paul Keglevic
|
Director
|
Fees
|
-
|
300,000
|
||||
Diana Ferguson
|
Director
|
Fees
|
-
|
117,500
|
||||
Edward Fraioli
|
Director
|
Fees
|
-
|
120,000
|
||||
Pamela Reeve
|
Director
|
Fees
|
-
|
195,000
|
||||
Peter Bynoe
|
Director
|
Fees
|
-
|
115,000
|
||||
John Stratton
|
Board Observer
|
Fees
|
-
|
259,341
|
||||
Patrick Bartels
|
Board Observer
|
Fees
|
-
|
259,341
|
||||
Total Payments to Insiders
|
|
|
$ 1,836,950
|
$ 12,681,088
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-6: PAYMENTS TO RETAINED PROFESSIONALS[1]
|
Retained Professional
|
Role
|
Amount Paid
During Period |
Total Paid
to Date |
|||
Kirkland & Ellis LLP
|
Debtor Restructuring Counsel
|
$ 5,771,721
|
$ 16,864,336
|
|||
FTI Consulting, Inc.
|
Debtor Financial Advisor
|
-
|
11,334,518
|
|||
Communications Media Advisors, LLC
|
Debtor Technical Advisor
|
1,455,851
|
5,051,974
|
|||
Delta Partners
|
Debtor Technical Advisor
|
-
|
1,295,324
|
|||
Evercore Group L.L.C.
|
Debtor Investment Banker
|
21,089,822
|
21,089,822
|
|||
Ernst & Young
|
Debtor Tax Advisor
|
304,903
|
773,965
|
|||
KPMG
|
Debtor Tax Advisor
|
175,465
|
3,424,773
|
|||
Prime Clerk
|
Claims Agent
|
216,863
|
6,751,558
|
|||
PwC
|
Debtor Tax Advisor
|
169,336
|
169,336
|
|||
Wilkinson Barker Knauer
|
Debtor Regulatory Counsel
|
126,584
|
349,543
|
|||
Willkie Farr
|
Debtor Conflicts Counsel
|
-
|
-
|
|||
Deloitte
|
Debtor Tax Advisor
|
-
|
-
|
|||
Cravath, Swaine & Moore LLP
|
Debtor Divestiture Counsel
|
50,626
|
200,013
|
|||
Kramer Levin Naftalis & Frankel LLP
|
UCC Counsel
|
1,040,654
|
4,033,108
|
|||
Alvarez & Marsal North America, LLC
|
UCC Financial Advisor
|
298,070
|
1,231,556
|
|||
UBS Securities LLC
|
UCC Investment Banker
|
214,839
|
553,656
|
|||
Total Payments to Retained Professionals
|
|
$ 30,914,733
|
$ 73,123,482
|
In re: FRONTIER COMMUNICATIONS CORPORATION, et al.
|
Case No. 20-22476 (RDD)
|
Reporting Period 11/1/20 - 11/30/20
|
|
Federal Tax I.D. 06-0619596
|
MOR-7: DEBTOR QUESTIONNAIRE
|
Answer
|
||||
Question
|
Yes
|
No
|
||
Have any assets been sold or transferred outside the normal course of business this reporting period?
|
|
X
|
||
Have any funds been disbursed from any account other than a debtor in possession account this reporting period?
|
|
X
|
||
Is the Debtor delinquent in the timely filing of any post-petition tax returns?
|
|
X
|
||
Are workers compensation, general liability or other necessary insurance coverages expired or cancelled, or has the debtor received notice of
expiration or cancellation of such policies?
|
|
X
|
||
Is the Debtor delinquent in paying any insurance premium payment?
|
|
X
|
||
Have any payments been made on pre-petition liabilities this reporting period?
|
X[1]
|
|||
Are any post petition receivables (accounts, notes or loans) due from related parties?
|
|
X[2]
|
||
Are any post petition payroll taxes past due?
|
|
X
|
||
Are any post petition State or Federal income taxes past due?
|
|
X
|
||
Are any post petition real estate taxes past due?
|
|
X
|
||
Are any other post petition taxes past due?
|
|
X
|
||
Have any pre-petition taxes been paid during this reporting period?
|
X[1]
|
|||
Are any amounts owed to post petition creditors delinquent?
|
|
X[3]
|
||
Are any wage payments past due?
|
|
X
|
||
Have any post petition loans been received by the Debtor from any party?
|
X[4]
|
|||
Is the Debtor delinquent in paying any U.S. Trustee fees?
|
|
X
|
||
Is the Debtor delinquent with any court ordered payments to attorneys or other professionals?
|
|
X
|
||
Have the owners or shareholders received any compensation outside of the normal course of business?
|
|
X
|
Document and Entity Information |
Dec. 18, 2020 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Dec. 18, 2020 |
Entity Registrant Name | Frontier Communications Corporation |
Entity Incorporation, State or Country Code | DE |
Entity File Number | 001-11001 |
Entity Tax Identification Number | 06-0619596 |
Entity Address, Address Line One | 401 Merritt 7 |
Entity Address, City or Town | Norwalk |
Entity Address, State or Province | CT |
Entity Address, Postal Zip Code | 06851 |
City Area Code | 203 |
Local Phone Number | 614-5600 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0000020520 |
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