How Frontier’s Valuation Multiple Compares to Its Peers
On August 22, AT&T (T) was the largest US telecom player by market capitalization with a market cap of ~$235.9 billion, followed by Verizon (VZ) with a market cap of ~$224.3 billion. In the US wireline space, Frontier Communications (FTR) had a market capitalization of ~$0.6 billion. Meanwhile, this metric for CenturyLink (CTL) and Windstream Holdings (WIN) reached ~$24.6 billion and ~$0.2 billion, respectively.