by KATE SHUNNEY
Frontier Communications announced on April 14 they have filed Chapter 11 bankruptcy in the Southern District of New York. Company officials, in a statement from Norwalk, Conn., said the “financial restructuring plan” with its bondholders would allow it to reduce debt “by more than $10 billion and provide significant financial flexibility” that would “support continued investment in its long-term growth.”
The bankruptcy move has been expected for months.
“Frontier expects to continue…
