Allison McNeely, Katherine Doherty and Sridhar Natarajan, Bloomberg
Frontier Communications Corp., the provider of telecom services in 29 states including Texas, is asking creditors to help craft a turnaround deal that includes filing for bankruptcy by the middle of March, according to people with knowledge of the matter.
Company executives including Bernie Han, Frontier's new chief execu- tive officer, met with creditors and advisers Thursday and told them the company wants to negotiate a pre-packaged agreement before $356 million of debt payments come due March 15, the people said. They asked not to be identified because the meeting was private.
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