Frontier announced that Newmark will serve as its single real-estate partner to oversee its portfolio of properties spanning 25 states. Newmark's business intelligence technology platform will deliver data analytics and insights to optimize Frontier's real-estate portfolio as the company transforms with its fiber-first strategy. Frontier made rapid improvements to its cost structure in 2022, achieving its initial cost savings target of $250 million of gross annualized cost savings ahead of schedule.

Streamlining its real-estate portfolio will identify additional opportunities to streamline operations for the benefit of its fiber-first strategy.