Frontier Communications Corporation (FTR - Free Report) recently announced that it has launched Frontier AnyWare Unified Communications as a Service (UCaaS), a cloud-based enterprise-class telephony solution designed for small and medium-size businesses, to better serve its customers. It will help to cut costs, eliminate unnecessary applications and scale communication needs.
With world-class features, the Frontier AnyWare cloud-based business phone system is a reliable and affordable communication solution for business owners to seamlessly run daily operations. It is highly scalable and offers desirable cloud-based services such as mobile twinning, business continuity routing and web-based user portal.
Frontier AnyWare UCaaS collaboration solution is built on the company’s redundant data centers for high availability, powered by its low-latency data network for business continuity and deployment flexibility. The service platform equips a company to become mobile-centric, providing the flexibility necessary to operate across iOS, Android, PC and Mac applications on various devices.
Supported by Frontier Business, Frontier AnyWare delivers competitive advantage to business owners who are looking for communications solutions as it offers grade add-ons like Collaboration, Web Fax and Business Analytics, all deployed into an easy to use remote management platform. The solution makes the transition to cloud-based communications customizable and cost-effective. It works on any broadband and data network and when combined with Frontier Ethernet, the benefits become manifold.
Frontier Communications focuses on generating additional revenues through customer retention, market share gain, new product introductions and broadband expansion. The company is currently focusing on cost control by bringing about productivity and customer-oriented enhancements. Sustainable broadband subscriber growth supported by strong network expansion and improved pricing structure remains a positive.
Frontier Communications is continually focusing to derive benefits from the growing Business Service segment. The company has been expanding its fiber-based broadband footprint to cater to the needs of bigger customers.
However, in the past three months, the stock has lost 36.7% compared with a decline of 4% for the industry. It remains to be seen if the company can tide over the current negative investor sentiments by introducing innovative products and services for the larger benefits of its clientele.
Frontier Communications currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the broader industry include Algonquin Power & Utilities Corp. (AQN - Free Report) , Ameren Corporation (AEE - Free Report) and Brookfield Infrastructure Partners L.P. (BIP - Free Report) . While Algonquin Power sports a Zacks Rank #1 (Strong Buy), Ameren and Brookfield Infrastructure carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Algonquin Power has a long-term earnings growth expectation of 8%. It surpassed earnings estimates thrice in the trailing four quarters with an average positive surprise of 28.6%.
Ameren has a long-term earnings growth expectation of 6.5%. It surpassed earnings estimates thrice in the trailing four quarters with an average positive surprise of 7.7%.
Brookfield Infrastructure has a long-term earnings growth expectation of 9%.
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