Frontier prepares for bankruptcy, regrets failure to install enough fiber

As Frontier Communications moves closer to an expected bankruptcy filing, the Internet service provider told investors that its troubles stem largely from its failure to invest properly in upgrading DSL to fiber broadband. The presentation for investors, which is included in a Securities and Exchange Commission filing, said that "significant under-investment in fiber deployment and limited enterprise product offerings have created headwinds that the company is repositioning itself to reverse." Much of Frontier's fiber deployment was actually installed by Verizon before Verizon sold some of its operations to Frontier. Frontier Internet service is available to 14 million homes across the US, but 11 million of those are DSL-only.