Item 8.01 Other Information

On June 29, 2020, Frontier Communications Corporation ("Frontier" or the "Company") notified employees that it intends to file an application with the Internal Revenue Service for a waiver of the minimum funding standard under Section 412(c) of the Internal Revenue Code and Section 302(c) of the Employee Retirement Income Security Act of 1974 for the Frontier Communications Pension Plan (the "Plan") for the Plan year beginning January 1, 2020. Frontier's minimum funding obligation for 2020 has been determined by its actuaries to be approximately $195.8 million. If the waiver is granted, Frontier would amortize the full 2020 contribution with interest over the five subsequent Plan years. However, there can be no assurance that the waiver will be granted.

As previously disclosed, on April 14, 2020, Frontier and all of its direct and indirect subsidiaries filed voluntary petitions under chapter 11 (the "Chapter 11 Cases") of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York. Frontier continues to execute on terms of the restructuring agreed to with the consenting noteholders as part of the Chapter 11 Cases and believes that a funding waiver for the 2020 Plan year will increase the Company's ability to execute on operational initiatives and stabilize the business.

In addition, as disclosed in Frontier's Form 10-Q for the quarter ended March 31, 2020, certain provisions of the CARES Act permit employers to postpone making pension contributions due during 2020 until January 1, 2021. Even if the waiver is not granted, Frontier intends to postpone the remaining contributions due during 2020 as permitted by the CARES Act.

Cautionary Statements Regarding Forward-Looking Statements

This Current Report may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this filing that address activities, events or developments that the Company expects, believes, targets or anticipates will or may occur in the future are forward-looking statements and are based on management's current expectations, beliefs, assumptions and estimates. The Company's actual results may differ materially and adversely from those expressed or implied in the forward-looking statements as a result of the risk factors and cautionary language described from time to time in the Company's most recent Annual Report on Form 10-K, the Company's Quarterly Reports on Form 10-Q and the Company's Current Reports on Form 8-K, including those risk factors associated with the Chapter 11 Cases. The Company has no obligation to update or revise these forward-looking statements and does not undertake to do so.

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