|By Business Wire||
|August 7, 2014 06:27 PM EDT||
Frontier Communications Corporation (NASDAQ:FTR), headquartered in Stamford, Connecticut, announced today that it has been included in the Marcum Tech Top 40 list of Connecticut’s fastest growing technology firms. Frontier was recognized in the New Media/Internet/Telecom category of the list, which is sponsored by The Connecticut Technology Council (CTC) and Marcum LLP.
Now in its seventh year, the Marcum Tech Top 40 recognizes technology leaders in six industry sectors, including Advanced Manufacturing, Energy/Environmental, Life Sciences, New Media/Internet/Telecom, IT Services, and Software.
“The annual Marcum Tech Top 40 gives us the opportunity not only to see innovation first-hand but also to recognize how Connecticut’s fastest growing technology companies are overcoming complex challenges to achieve success,” said Anthony P. Scillia, Partner-in-Charge, Marcum New England. “Marcum is extremely proud to partner with the Connecticut Technology Council on this outstanding program again this year and enthusiastically congratulates all the winners.”
Bruce Carlson, CTC’s President & CEO added, “Connecticut is proud of its remarkable heritage of innovation and invention. Job growth in Connecticut is going to come from the technology sector and these Tech Top 40 companies are a great example of the range of technology companies that are growing substantially in Connecticut.”
Frontier Communications has agreed to acquire AT&T's wireline business and statewide fiber network serving residential, commercial and wholesale customers in Connecticut. As part of the transaction, Frontier will also acquire AT&T's U-verse video and satellite TV customers in Connecticut. The transaction is expected to be completed in the fourth-quarter of 2014. Upon completion of the acquisition, Connecticut will become Frontier’s 28th and largest operating state.
About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) offers broadband, voice, satellite video, wireless Internet data access, data security solutions, premium U.S.-based tech support, 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 13,900 employees are based entirely in the United States. More information is available at www.frontier.com and www.frontier.com/ir.
About The Connecticut Technology Council
The Connecticut Technology Council is a statewide association of technology oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for 2,500 companies that employ some 200,000 residents, the Connecticut Technology Council seeks to provide a strong and urgent voice in support of the creation of a culture of innovation. This includes working to position Connecticut as a leader in idea creation, workforce preparation, entrepreneurial aptitude, early stage risk capital availability and providing on-going support and mentoring to high potential firms. For more information, visit www.ct.org.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 23 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, the Firm’s presence runs deep, with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; and MarcumBuchanan Associates LLC. For more information, visit www.marcumllp.com.
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