Cable and internet company Frontier Communications has announced plans to move its corporate headquarters from Connecticut to Dallas, Texas. The relocation is expected to create up to 3,000 new jobs in the state. The move is aimed at promoting Frontier as a local and national telecommunications company.
CEO Nick Jeffery, who already lives in Dallas, stated that the city was an obvious choice for the headquarters due to its central location and access to a talented workforce. Dallas is already home to telecommunications giant AT&T, and Verizon is expanding its regional campus in Irving.
Frontier currently has 2.9 million customers in 25 states and reported revenue of $5.79 billion in 2022. The company recently signed a lease for a 95,000-square-foot space in Uptown Dallas, which will be able to accommodate up to 1,000 employees.
The company expects to create 3,000 new jobs in Texas over the next 10 years, injecting $3.8 billion into the local and state economies. Frontier also plans to invest $1 million per week to upgrade its fiber-optic network in Dallas.
The relocation comes after Frontier sought tax incentives from the city of Dallas. The company will maintain its current office building in Norwalk, Connecticut, and will not move any employees from there to Dallas.
Frontier has undergone a transformation in recent years, shifting its focus from copper DSL technology to fiber-optic technology. The move to Dallas will allow the company to expand its fiber network and provide high-speed internet to more homes.
The Dallas City Council has designated Frontier’s office space as an enterprise zone, which will make the company eligible for tax rebates. Frontier’s Dallas offices have a unique design aimed at attracting digital talent and fostering innovation.
Overall, the relocation of Frontier’s headquarters to Dallas is expected to be a significant boost to the local economy and solidify the city’s position as a major hub for the telecommunications industry.