Frontier Communications ILEC Holdings
Frontier Communications ILEC Holdings, Inc. is a company created by Verizon Communications in 2009. The company, sold to Frontier Communications on July 1, 2010, serves as a holding company for former Bell System, Contel, and GTE telephone operating companies that were owned by Verizon prior to July 1, 2010. The company was set up to allow for a Reverse Morris Trust merger, allowing Verizon to spin-off the company to Frontier tax-free. The company was founded as New Communications ILEC Holdings, Inc. to own the following companies transferred from Verizon and GTE:
Frontier Communications ILEC Holdings
Frontier Communications ILEC Holdings, Inc. is a company created by Verizon Communications in 2009. The company, sold to Frontier Communications on July 1, 2010, serves as a holding company for former Bell System, Contel, and GTE telephone operating companies that were owned by Verizon prior to July 1, 2010. The company was set up to allow for a Reverse Morris Trust merger, allowing Verizon to spin-off the company to Frontier tax-free. The company was founded as New Communications ILEC Holdings, Inc. to own the following companies transferred from Verizon and GTE: