SOURCE: Paragon Financial Limited

Paragon Financial Limited

December 07, 2011 08:16 ET

Frontier and Verizon Communications -- Strong Dividends and Steady Growth

The Paragon Report Provides Equity Research on Frontier Communications & Verizon Communications

NEW YORK, NY--(Marketwire - Dec 7, 2011) - High yielding domestic telecom companies have performed well in recent quarters as the Obama-endorsed Broadband Stimulus Program has sparked expansion, offsetting the overall sluggish economy. Over the next ten years, the FCC together with the Department of Commerce plan to identify unused airwaves to raise the size of available spectrum for wireless broadband services to 500 MHz. The Paragon Report examines the outlook for companies in the Domestic Telecom Services industry and provides research reports on Frontier Communications, Inc. (NYSE: FTR) and Verizon Communications Inc. (NYSE: VZ). Access to the full company reports can be found at:

Earlier this year, President Obama called on congress to spend close to $19 billion to subsidize 4G mobile broadband deployment to 98 percent of the country within five years and to build a nationwide mobile broadband network for emergency response agencies. While about 90% of South Koreans subscribe to broadband service, only about 65% of US residents do, President Obama suggested in a speech at Northern Michigan University. "When it comes to high-speed Internet, the lights are still off in a third of our households," he said.

The Paragon Report provide investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Domestic Telecom Services industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Obama's ambitious broadband plans have been well accepted by rural carriers, while large telecom operators are already funding projects to deploy super-fast 4G networks of WiMAX and LTE Long-Term Evolution (LTE).

Last week Verizon Communications agreed to buy wireless spectrum from a group including Comcast Corp. for $3.6 billion. As part of the agreement with Verizon Wireless, cable-TV providers Comcast, Time Warner Cable and Bright House will be able to provide wireless service to their customers, using Verizon's network. The deal "amounts to a partnership between formerly mortal enemies," said analyst Craig Moffett at Sanford Bernstein. Presently Verizon pays an annual dividend of two dollars per share for a yield of around 5.3 percent.

Frontier Communications currently pays an annual dividend of 75 cents per share for a hefty yield of around 13.5 percent. Last month AT&T Inc. Mobility signed an agency agreement allowing Frontier to provide AT&T smartphones and wireless service to its customers.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at