Frontier Communications 2013 Annual Report Download - page 15

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The AT&T Transaction will add approximately 2,700 employees to our Company, a majority of whom are
represented by the Communications Workers of America. Following the close of the AT&T Transaction, we
will operate in the State of Connecticut, and in 28 states overall, and have approximately 16,350 employees, all
located in the United States.
On December 16, 2013, we signed a commitment letter for a bridge loan facility. On January 29, 2014, we
entered into a bridge loan agreement (the Bridge Loan Agreement) among the Company, the lenders party
thereto (the Lenders) and JPMorgan Chase Bank, N.A., as administrative agent, pursuant to which the Lenders
have agreed at closing of the AT&T Transaction to provide to us an unsecured bridge loan facility for up to
$1.9 billion (the Bridge Facility) for the purposes of funding (i) substantially all of the purchase price for the
AT&T Transaction and (ii) the fees and expenses incurred in connection with the transactions contemplated by
the stock purchase agreement for the AT&T Transaction. Pursuant to the Bridge Loan Agreement, if and to the
extent we do not, or are unable to, issue debt securities yielding up to $1.9 billion in gross cash proceeds on or
prior to the closing of the AT&T Transaction, we shall draw down up to $1.9 billion, less the amount of the
debt securities, if any, issued by us on or prior to the closing of the AT&T Transaction, in aggregate principal
amount of loans under the Bridge Facility.
Segment Information
We currently operate in only one reportable segment.
Financial Information about Foreign and Domestic Operations and Export Sales
We have no foreign operations.
General
Order backlog is not a significant consideration in our business. We have no material contracts or
subcontracts that may be subject to renegotiation of profits or termination at the election of the federal
government.
Intellectual Property
We believe that we have the trademarks, trade names and intellectual property licenses that are necessary
for the operation of our business.
Employees
As of December 31, 2013, we had approximately 13,650 employees, as compared to approximately 14,650
employees as of December 31, 2012. Approximately 8,400 of our employees are represented by unions. The
number of employees covered by collective bargaining agreements that expired in 2013, but have been
extended and are still effective in 2014, is approximately 2,600. The number of employees covered by
collective bargaining agreements that expire in 2014 is approximately 1,200. We consider our relations with our
employees to be good.
Available Information
We are subject to the informational requirements of the Securities Exchange Act of 1934 (the Exchange
Act). Accordingly, we file periodic reports, proxy statements and other information with the Securities and
Exchange Commission (SEC). These reports, proxy statements and other information may be obtained by
visiting the Public Reference Room of the SEC at 100 F Street, NE, Washington, D.C. 20549 or by calling the
SEC at 1-800-SEC-0330. In addition, the SEC maintains an Internet site (www.sec.gov) that contains reports,
proxy and information statements and other information regarding the Company and other issuers that file
electronically.
14
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES