Sale of Telecommunications Company

Sale of all of the issued and outstanding equity interests, held by Seller directly or through Intermediate Holdco, of: (a) Citizens Telecommunications Company of Idaho; (b) Citizens Telecommunications Company of Montana; (c) Citizens Telecommunications Company of Oregon; and (d) Frontier Communications Northwest Inc. (collectively, the “Companies”) that conduct Frontier’s business in Washington, Oregon, Idaho, and Montana, together with all associated assets contemplated by the Purchase Agreement to be transferred to the Purchaser by virtue of the transfer of the equity interests.

Frontier is a publicly held provider of telecommunications services and the fourth largest Incumbent Local Exchange Carrier (“ILEC”) in the United States, offering a broad portfolio of communications services for 4.1 million consumer, commercial, and wholesale customers.