CWA Local 1298 members continue to be fully supported by the CWA District 1 staff as well as the CWA National Executive Board. CWA has research staff, consultants, and legal counsel to represent our members during the Frontier Bankruptcy proceedings. Frontier must file in each state that has a regulatory agency (PURA in CT) for approval of "Change of Control". This proceeding concerns a proposed bankruptcy reorganization of Frontier Communications that will result in the transfer of a controlling interest of the Applicant from the existing common stockholders to a group of unsecured debt holders referred to in the Application as the Senior Noteholders. The transaction is filed under C.G.S. § 16-47 which requires PURA approval of the transfer of a controlling interest in a utility holding company that owns a Connecticut telephone company. CWA has filed to be a party or intervenor in the filing, Docket 20-04-31. We will continue to monitor the situation and report info to the membership as this case moves forward.
