EX-99.2

Frontier Communications

to Acquire Verizon Wireline Operations

in California, Florida and Texas

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February 5, 2015

Increasing Scale and Driving Shareholder Value

Exhibit 99.2

Safe Harbor Statement

Forward-Looking Statements

This report contains “forward-looking statements,” statements related to future, not past, events. Forward-looking statements address our expected future business and

financial performance and financial condition, and contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” or “target.” Forward-

looking statements by their nature address matters that are, to different degrees, uncertain. Particular uncertainties that could cause our actual results to be materially

different than those expressed in our forward-looking statements include: risks related to the pending acquisition of properties from Verizon, including our ability to complete

the acquisition of such operations, our ability to successfully integrate operations, our ability to realize anticipated cost savings, sufficiency of the assets to be acquired from

Verizon, our ability to migrate Verizon’s operations from Verizon owned and operated systems and processes to our owned and operated systems and processes successfully,

failure to enter into or obtain, or delays in entering into or obtaining, certain agreements and consents necessary to operate the acquired business as planned, failure to obtain,

delays in obtaining or adverse conditions contained in any required regulatory approvals for the acquisition, and increased expenses incurred due to activities related to the

transaction; risks related to the recently-concluded Connecticut acquisition, including our ability to successfully integrate the Connecticut operations, diversion of management’s

attention, effects of increased expenses or unanticipated liabilities, and our ability to realize anticipated cost savings; our ability to meet our debt and debt service obligations;

competition from cable, wireless and other wireline carriers and the risk that we will not respond on a timely or profitable basis; our ability to successfully adjust to changes in

the communications industry, including the effects of technological changes and competition on our capital expenditures, products and service offerings; reductions in the

number of our voice customers that we cannot offset with increases in broadband subscribers and sales of other products and services; our ability to maintain relationships with

customers, employees or suppliers; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks; continued reductions in switched

access revenues as a result of regulation, competition or technology substitutions; the effects of changes in the availability of federal and state universal service funding or other

subsidies to us and our competitors; our ability to effectively manage service quality in our territories and meet mandated service quality metrics; our ability to successfully

introduce new product offerings; the effects of changes in accounting policies or practices, including potential future impairment charges with respect to our intangible assets;

our ability to effectively manage our operations, operating expenses, capital expenditures, debt service requirements and cash paid for income taxes and liquidity, which may

affect payment of dividends on our common shares; the effects of changes in both general and local economic conditions on the markets that we serve; the effects of increased

medical expenses and pension and postemployment expenses; the effects of changes in income tax rates, tax laws, regulations or rulings, or federal or state tax assessments;

our ability to successfully renegotiate union contracts; changes in pension plan assumptions and/or the value of our pension plan assets, which could require us to make

increased contributions to the pension plan in 2015 and beyond; adverse changes in the credit markets or in the ratings given to our debt securities by nationally accredited

ratings organizations, which could limit or restrict the ability, or increase the cost, of financing to us; the effects of state regulatory cash management practices that could limit

our ability to transfer cash among our subsidiaries or dividend funds up to the parent company; the effects of severe weather events or other natural or man-made disasters,

which may increase our operating expenses or adversely impact customer revenue; and the impact of potential information technology or data security breaches or other

disruptions. These and other uncertainties related to the Company’s business are described in greater detail in the Company’s filings with the U.S. Securities and Exchange

Commission, including the Company’s reports on Forms 10-K and 10-Q, and the foregoing information should be read in conjunction with these filings. The Company does not

intend to update or revise these forward-looking statements.

Call Participants

Maggie Wilderotter

Chairman & Chief Executive Officer

Daniel McCarthy

President & Chief Operating Officer

John Jureller

Executive Vice President & Chief Financial Officer

Acquiring High-Quality Assets with Strong Revenue

and Cash Flow

$10.54 billion cash acquisition of wireline voice,

broadband and video operations in California,

Florida and Texas

Significantly repositions business mix: 54% of

acquired network is FiOS

enabled

Increases Frontier’s:

Pro Forma Revenue by $5.78 billion

Pro Forma Adjusted Day 1 EBITDA by $2.31 billion

Frontier LTM 9/30/14 plus pro forma for estimated full year Connecticut acquisition and this Verizon transaction

Includes the impact of certain Verizon costs not transferring and/or replacement with Frontier’s lower cost structure

14%

$5.87B

$2.57B

31%

$11.66B

$4.89B

The New Frontier

Pro Forma Revenue

Pro Forma EBITDA

Fiber / U-verse

Transaction Delivers Significant Shareholder Value

35% accretive to Leveraged Free Cash Flow per share in Year 1

$700 million per-year reduction in corporate expenses by end of Year 3

13 percentage point improvement in Dividend Payout Ratio in Year 1

3.8x Pro Forma Net Debt/EBITDA Ratio at closing

In-line with current ratings profile

Estimates include the impact of certain Verizon costs not transferring and/or replacement with Frontier’s lower cost structure

Transaction Overview

$10.54 billion cash at closing –

3.7x 2014E Pro Forma Day 1 EBITDA

Share purchase structured as an asset transaction for tax purposes;

estimated to be worth $1.9 billion

Acquired businesses to be flash cut at close to Frontier’s operating

systems and processes

Pension obligations to be fully funded; OPEB assumed only for

transferring employees

Frontier to issue equity and/or equity-linked securities, and debt

Purchase price backed by fully committed 18-month bridge financing

Hart-Scott-Rodino

FCC

State and local regulatory agencies

Estimated H1 2016

Acquisition

Structure

Approvals

Price

Closing

Includes the impact of certain Verizon costs not transferring and/or replacement with Frontier’s lower cost structure

Financing

Structure

California, Florida and Texas are the three remaining Verizon GTE platform states;

Frontier converted 13 GTE platform states as part of the 2010 Verizon acquisition

Frontier currently operates FiOS in Washington, Oregon, Indiana and South

Carolina and is system ready for expanded FiOS operations

Estimated OpEx and CapEx integration cost of approximately $450 million in

2015/2016

Proven Integration Experience

Proven track record of successfully

integrating acquired properties:

2008

Commonwealth

Telephone

acquisition

–

2010

Verizon

acquisition

–

states

2014

AT&T

acquisition

–

Connecticut

(in thousands, except employees)

Current

Frontier

Verizon

Acquisition

CA, FL, TX

New

Frontier

Addressable Households

8,536

6,059

14,586

Voice Connections

3,876

3,708

7,584

Broadband Connections

2,368

2,192

4,560

Video Connections

611

1,181

1,792

Est. FTTH / FiOS / U-verse availability

(% of homes passed)

14%

54%

31%

Employees (approx.)

17,400

11,000

28,400

Frontier’s Expanded Footprint

Expanding Scale and Maintaining Core Focus

Roadmap to Completion

Integration/conversion activities

DOJ, FCC and State Approvals

completed

Q4 2015 –

Q1 2016

Announce Transaction

February 5, 2015

Through Closing

Public Market Equity and Debt Financing

Q3-Q4 2015

Closing

H1 2016

Deliverables

Expected Timing

High-quality assets will generate substantial revenue and

cash flow; strong accretion in year one

Transaction will sustain current dividend, lower payout

ratio and meaningfully enhance shareholder value

Transaction will double Frontier’s size

Transaction leverages Frontier’s low cost operating model

Frontier’s seasoned integration team will convert

California, Florida and Texas properties onto Frontier

systems at close

Transaction Accelerates Frontier’s Value Creation

Strategy

Frontier Communications Corporation

(NASDAQ:FTR)

Investor Relations

Frontier Communications Corp.

3 High Ridge Park

Stamford, CT 06905

203-614-4606

IR@FTR.com