Dubroff: Low-cost airlines position Santa Barbara Airport to take off
Santa Barbara Airport, by far the region’s busiest facility, is about to embark on a new era, relying more heavily on low-cost airlines to boost traffic. Beginning on Aug. 16, Sun Country, a Minneapolis-based carrier owned by Apollo Global Management, will begin flights to its home hub in Minnesota on a seasonal, two-day-a-week schedule with Read More →
Read More →Frontier revenue dips but net losses smaller
Frontier Communications saw a slight dip in third quarter revenue but smaller net losses year-over year, the company announced Oct. 31. Revenue reached $2.25 billion, down slightly from the previous quarter and the third quarter of 2016. But the first nine months of the year saw a 6.5 percent increase in revenue over the same Read More →
Read More →Frontier Communications completes 1-for-15 reverse stock split
Frontier Communications completed a 1-for-15 reverse stock split on July 10, opening at $16.35 per share, with around 175 million shares outstanding. The company announced the split March 28 when it filed paperwork with the Securities and Exchange Commission, and the move was approved by shareholders and the board of directors May 10. Its market Read More →
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Wireless deal could shake up Central Coast
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Read More →Dubroff: Tri-Counties becoming hot spot for new capital investments
Capital markets have discovered the Tri-Counties in a big way in 2017. This might be a permanent change in the way wealth is created and distributed in the region or a warning sign that markets are close to a peak. On May 23, The Trade Desk, the region’s only IPO of 2016, announced that existing Read More →
Read More →Frontier names Terray McGee general manager for Central Coast
Frontier Communications named Terray McGee as the general manager for its Central Coast operating area Aug. 18. On April 1, Frontier Communications took over all landline, Internet and TV subscribers offered by Verizon Wireless in California. In February 2015, Verizon sold all subscribers in California, Texas and Florida to Frontier for $10.5 billion as it Read More →
Read More →Tri-Counties entering new Frontier
The Tri-Counties are about to feel the effects of consolidation in the cable and telecom industries. On April 1, Frontier Communications will begin operating broadband, television and landline services formerly owned by Verizon Communications. Even as Frontier acquires Verizon customers and employees, Charter Communications and Time Warner Cable hope to complete a merger that could Read More →
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