Kirkland firm moves closer to buying Frontier Communications
OLYMPIA A billion-dollar deal affecting thousands of telephone, TV and internet customers in the Northwest is a regulatory step closer to being finalized.
The state Utilities and Transportation Commission has signed off on the ownership transfer of the regional operations of Frontier Communications to Kirkland-based WaveDivision Capital. The deal was first announced last May.
The UTC has regulatory authority over landline service providers like Frontier. The agreement standard for any sale or merger proposal spells out Wave Divisions responsibilities to the public after the $1.3 billion sale closes.
Our interests are to promote the public interests, said Mark Vasconi, the commissions director of regulatory services.
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I retired from Frontier in 2012 after 34 years working for the northwest company that started out as part of GTE. Later it merged with Bell Atlantic to form Verizon. Ten years later Verizon sold the northwest operation and other more rural areas it had to Frontier.
The lack of professionalism by Frontier's management was appalling. They were mostly a bunch of marketing people who didn't know shit from Shinola about the telecommunications business.
They insisted that installation, repair and maintenance people should also be sales people with goals of selling new service to customers. My belief always was if you provide a quality product it should sell itself.
Unfortunately quality suffered as maintenance and needed expansion on the network was often deferred.
I hope the new company is an improvement.