On November 6, 2023, Cerberus Capital Management announced that it is supportive of Frontier Communication?s Board of Directors and management team, and their strategy to create long term shareholder value. Additionally, Cerberus Capital and its representatives have engaged in, and may in the future engage in, discussions with members of the Company?s Board and members of the Company?s management team regarding constructive ways to enhance and maximize value for all stockholders.