 | | | 1. | What is your stock symbol?
| | | Frontier common stock trades on the New York Stock Exchange under the symbol FTR. |
| 2. | Can I buy Frontier Communications shares directly from the company? | | | Registered shareholders may enroll in Frontiers' Direct Stock Purchase and Sale Plan. To become a registered shareholder, an investor must have at least one (1) share of Frontier common stock registered in his or her own name or jointly in the name of a trust. An investor's initial purchase must be made through a brokerage firm or other type of investment service. Beneficial or "street name" shareholders may participate in the Plan if their brokers or custodial institutions have procedures permitting them to do so. The Direct Stock Purchase and Sale Plan provides shareholders with a convenient method for purchasing additional shares of Frontier common stock by making optional cash payments. Under the Plan, the price shareholders pay for Frontier common stock is based on an average market price during the purchase period and includes a commission of two cents per share if the shares are purchased in the open market. The minimum investment is $100, the maximum is $25,000 per calendar quarter and there is currently a $6 transaction fee to purchase stock through the Plan. The Plan also provides shareholders with a way to sell shares of Frontier stock. There is a fee of $15 and 2-cents per share commission for each sales transaction. For information about this Plan, please contact Illinois Stock Transfer Company at 800-757-5755 or at 312-427-2953. |
| 3. | Does Frontier have a Dividend Reinvestment Plan? | | | No. Frontier Communications pays an annual dividend of $1 per share of common stock. The dividend is paid at the end of each calendar-year quarter to shareholders on the date of record. As noted above, the Direct Stock Purchase and Sale Plan provides shareholders with a convenient way to purchase additional shares of common stock. |
| 4. | Who is Frontier Communications' Stock Transfer Agent? | | | Illinois Stock Transfer Company. Questions concerning stock transfers, the Direct Stock Purchase and Sale Plan, the Stock Safekeeping Program, account consolidations, dividend payments, lost certificates, change of address, receipt of duplicate material, and any other account-related matters should be directed to Illinois Stock Transfer Company by telephoning 800-757-5755, or 312-427-2953, or by faxing 312-427-2879, or by writing to:
Frontier Communications
c/o Illinois Stock Transfer Company
209 West Jackson Boulevard
Suite 903
Chicago, IL 60606-6905 |
| 5. | How are dividends treated for tax purposes? | | | The company believes that all cash dividends distributed to Frontier shareholders since 2004 will be treated as ordinary dividend income for federal income tax purposes. All shareholders should consult their attorneys, accountants, brokers or investment advisers regarding tax issues related to stock ownership. |
| 6. | I am a former shareholder of Commonwealth Telephone. What information can you give me? | | |
Former Shareholders of Commonwealth Telephone Enterprises, Inc., can click here for more information. |
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