-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U4H7H1wAIGmDlQfXqgf6NSa5Efb/hl0hJ6qndzm1Pw8SkpEbIWH5GyHDipISDpK4 a08Q661+UheU8zPYRxcTsQ== 0000020520-08-000023.txt : 20080418 0000020520-08-000023.hdr.sgml : 20080418 20080418094546 ACCESSION NUMBER: 0000020520-08-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080418 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080418 DATE AS OF CHANGE: 20080418 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS COMMUNICATIONS CO CENTRAL INDEX KEY: 0000020520 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 060619596 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11001 FILM NUMBER: 08763539 BUSINESS ADDRESS: STREET 1: HIGH RIDGE PK BLDG 3 CITY: STAMFORD STATE: CT ZIP: 06905 BUSINESS PHONE: 2036145600 MAIL ADDRESS: STREET 1: THREE HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS UTILITIES CO DATE OF NAME CHANGE: 19920703 8-K 1 milestoneprcover.txt TRIPLE PLAY MILESTONE PRESS RELEASE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): April 17, 2008 Citizens Communications Company - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware - -------------------------------------------------------------------------------- (State or other jurisdiction of incorporation) 001-11001 06-0619596 - -------------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) 3 High Ridge Park, Stamford, Connecticut 06905 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (203) 614-5600 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events ------------ The information set forth in the press release issued by Citizens Communications Company on April 17, 2008, attached hereto as Exhibit 99.1, is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits --------------------------------- (d) Exhibits 99.1 Press Release of Citizens Communications Company issued April 17, 2008. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CITIZENS COMMUNICATIONS COMPANY Date: April 18, 2008 By:/s/ Robert J. Larson ----------------------------------------- Robert J. Larson Senior Vice President and Chief Accounting Officer EX-99.1 2 milestonepr.txt MILESTONE PRESS RELEASE Exhibit 99.1 Citizens Communications 3 High Ridge Park Stamford, CT 06905 203.614.5600 www.czn.com - -------------------------------------------------------------------------------- FOR IMMEDIATE RELEASE Contact David Whitehouse Senior Vice President & Treasurer 203.614.5708 Citizens Communications Consolidates Billing Systems; Achieves Major Triple-Play Milestone - 100,000 DISH Network Customers Stamford, Conn., April 17, 2008 -- Citizens Communications Company (NYSE:CZN) announced today that it successfully completed the first of two billing system conversions consolidating more than 465,000 customers into the Company's primary billing platform. The primary Citizens billing system now supports approximately 2 million access lines. This significant undertaking enhances the billing and customer care capabilities for 64 markets and included consolidation of plant, inventory and repair functions. Citizens now has just two billing systems and the remaining system conversion covering 400,000 access lines, is scheduled for completion later this year. Commenting on the conversion, CEO Maggie Wilderotter said, "The benefits of these conversions are very significant. In addition to lowering the cost of operations through business process standardization, there will be a meaningful positive effect on customer service. Our customers will have a new simplified bill format that is greatly improved over the previous version. The bill was designed with customer input, has multiple color capability and enhanced messaging. These information system consolidations also allow our customer care representatives to be even more effective at selling our products and delivering a great customer experience." The Company also announced the sign up of its 100,000th DISH Network Satellite TV(R) customer. The Company's partnership with DISH Network provides several all-digital television packages ranging from 40 to 250 channels. These video packages are added to telephone and broadband services sold and provided by Citizens. The customer receives a discount for taking all three voice video and data services and Citizens provides the customer service, billing and front line support for these products. "Reaching our 100,000th DISH customer in just three years is a major milestone for Citizens. We have a solid partnership with DISH Network and our customers who take all three services - the "Triple Play" - have significantly lower churn than all other product offers. " said Ms. Wilderotter. -More- About Citizens Communications Citizens Communications Company (NYSE: CZN) operates under the brand name of Frontier and offers telephone, television and Internet services in 24 states. More information is available at www.czn.com and www.frontieronline.com This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's views and assumptions regarding future events and business performance. Words such as "believe," "anticipate," "expect," and similar expressions are intended to identify forward-looking statements. Forward-looking statements (including oral representations) involve risks and uncertainties that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. These risks and uncertainties are based on a number of factors, including but not limited to: reductions in the number of our access lines and high-speed internet subscribers; competition from cable, wireless and other wireline carriers; greater than anticipated competition; general and local economic, business, industry and employment conditions on our revenues; our ability to successfully introduce new product offerings, including bundled service packages; our ability to sell enhanced and data services; ongoing changes in the regulation of the communications industry; our ability to effectively manage our operations, operating expenses and capital expenditures, to pay dividends and to reduce or refinance our debt; adverse changes in the ratings given to our debt securities by nationally accredited ratings organizations; bankruptcies in the telecommunications industry, which could result in potential bad debts; increased medical, retiree and pension expenses and related funding requirements; changes in income tax rates, tax laws, regulations or rulings, and/or federal or state tax assessments; the effects of state regulatory cash management policies on our ability to transfer cash among our subsidiaries and to the parent company; and our ability to pay a $1.00 per common share dividend annually, which may be affected by our cash flow from operations, amount of capital expenditures, debt service requirements, cash paid for income taxes (which will increase in the future) and our liquidity. These and other uncertainties related to our business are described in greater detail in our filings with the Securities and Exchange Commission, including our reports on Forms 10-K and 10-Q and the foregoing information should be read in conjunction with these filings. We do not intend to update or revise these forward-looking statements to reflect the occurrence of future events or circumstances. ### -----END PRIVACY-ENHANCED MESSAGE-----