Frontier Communications Parent Inc., the $3.6 billion telecom firm that went bankrupt three years ago, is moving its headquarters to Dallas from Norwalk, Connecticut.
Relocating will put the company’s operational base closer to its customers and biggest group of employees, Chief Executive Officer Nick Jeffery said in an interview. The firm already employs 600 people at an office in the Uptown neighborhood and plans to add more jobs in the region over the next 10 years.
“The kind of talent we want is more digital, more tech,” Jeffery said. “They’re probably gonna be living more in the town center, and we want to attract the kind of people who are going to come to work on a skateboard.” Charles Schwab Corp. opened headquarters in the Dallas suburb of Westlake in 2021 after leaving California, and Caterpillar Inc. set up shop in Irving last year after leaving Illinois. Wells Fargo & Co. is building a new office tower in Irving, KKR & Co. is expanding its footprint in Dallas and Goldman Sachs Group Inc. is building a new campus just down the road from Frontier.
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