|   |   Exhibit 99.1     |
|--------|-------------------------|
|   |                    |
|   | Frontier Communications |
|   | 3 High Ridge Park       |
|   | Stamford, CT 06905      |
|   | 203.614.5600            |
|   | www.frontier.com        |

| • |      Continued strong operating income and cash flow margins                                                                                                  |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • |      First quarter operating cash flow margin of 54%, as adjusted                                                                                             |
| • |      First quarter dividend payout ratio of 52%                                                                                                               |
| • |      Completed financing of $3.2 billion for the Verizon transaction; obtained      eight of the nine required state regulatory approvals |
| • |      8,100 High-Speed Internet additions                                                                                                                      |
| • |      2,800 DISH Network video customer additions                                                                                                              |
| • |      Data and internet services revenue up 4% year over year                                                                                                  |

----

----

----

----

| INVESTOR CONTACTS:                |                           |   | MEDIA CONTACT:                |
|-----------------------------------|--------------------------------|--------|-------------------------------|
| David Whitehouse                  | Gregory Lundberg               |   | Brigid Smith                  |
| SVP & Treasurer               | Director, Investor Relations   |   | AVP Corporate Communications  |
| (203) 614-5708                    | (203) 614-5044                 |   | (203) 614-5042                |
| david.whitehouse@frontiercorp.com | greg.lundberg@frontiercorp.com |   | brigid.smith@frontiercorp.com |
|                              |                           |   |                          |

----

|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |
|--------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------|--------|--------|--------|---------|--------|--------|--------|
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |
| Frontier Communications Corporation                                      |                                                                                                                                                                                                                                                                                                                                               |
| Consolidated Financial Data                                              |                                                                                                                                                                                                                                                                                                                                               |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   | For the quarter ended |   |   |   |    |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   | March 31,             |   |   | %      |    |
| (Amounts in thousands, except per share amounts)                         |                                                                                                                                                                                                                                                                                                                                               | 2010   |                  |   | 2009   |   |    | Change |   |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |
| Income Statement Data                                                    |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |
|   Revenue                                                      |                                                                                                                                                                                                                                                                                                                                               | $      | 519,849               |   |   | $      | 537,956 |   |   |   | -3 | % |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |   |
|   Network access expenses                                      |                                                                                                                                                                                                                                                                                                                                               |   | 53,543                |   |   |   | 60,684  |   |   |   | -12 | % |
|   Other operating expenses                                     |                                                                                                                                                                                                                                                                                                                                               |   | 193,025               |   |   |   | 200,204 |   |   |   | -4 | % |
|   Depreciation and amortization                                |                                                                                                                                                                                                                                                                                                                                               |   | 101,049               |   |   |   | 137,558 |   |   |   | -27 | % |
|   Acquisition and integration costs (1)                        |                                                                                                                                                                                                                                                                                                                                               |   | 10,370                |   |   |   | -       |   |   | NM     |   |
|   Total operating expenses                                     |                                                                                                                                                                                                                                                                                                                                               |   | 357,987               |   |   |   | 398,446 |   |   |   | -10 | % |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |   |
|   Operating income                                             |                                                                                                                                                                                                                                                                                                                                               |   | 161,862               |   |   |   | 139,510 |   |   |   | 16 | % |
|   Investment and other income, net                             |                                                                                                                                                                                                                                                                                                                                               |   | 7,453                 |   |   |   | 8,247   |   |   |   | -10 | % |
|   Interest expense                                             |                                                                                                                                                                                                                                                                                                                                               |   | 93,787                |   |   |   | 88,749  |   |   |   | 6 | % |
|   Income before income taxes                                   |                                                                                                                                                                                                                                                                                                                                               |   | 75,528                |   |   |   | 59,008  |   |   |   | 28 | % |
|   Income tax expense                                           |                                                                                                                                                                                                                                                                                                                                               |   | 32,056                |   |   |   | 22,053  |   |   |   | 45 | % |
| Net income (1)                                                           |                                                                                                                                                                                                                                                                                                                                               |   | 43,472                |   |   |   | 36,955  |   |   |   | 18 | % |
| Less:  Income attributable to the noncontrolling interest in a |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |
|           partnership  |                                                                                                                                                                                                                                                                                                                                               |   | 907                   |   |   |   | 652     |   |   |   | 39 | % |
| Net income attributable to common shareholders of Frontier (1)           |                                                                                                                                                                                                                                                                                                                                               | $      | 42,565                |   |   | $      | 36,303  |   |   |   | 17 | % |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |   |
| Weighted average shares outstanding                                      |                                                                                                                                                                                                                                                                                                                                               |   | 310,396               |   |   |   | 309,826 |   |   |   | 0 | % |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |   |
| Basic net income per share attributable to                               |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |
|                                                                     | common shareholders of Frontier (1) (2)                                                                                                                                                                                                                                                                                                            |   | $                     | 0.14   |   |   | $       | 0.12   |   |   |   | 17 | % |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |   |
| Other Financial Data                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |
| Capital expenditures - Business operations                               |                                                                                                                                                                                                                                                                                                                                               | $      | 39,927                |   |   | $      | 54,572  |   |   |   | -27 | % |
| Capital expenditures - Integration activities                            |                                                                                                                                                                                                                                                                                                                                               |   | 29,679                |   |   |   | -       |   |   | NM     |   |
| Operating cash flow, as adjusted (3)                                     |                                                                                                                                                                                                                                                                                                                                               |   | 280,746               |   |   |   | 287,870 |   |   |   | -2 | % |
| Free cash flow (3)                                                       |                                                                                                                                                                                                                                                                                                                                               |   | 152,049               |   |   |   | 146,148 |   |   |   | 4 | % |
| Dividends paid                                                           |                                                                                                                                                                                                                                                                                                                                               |   | 78,355                |   |   |   | 78,085  |   |   |   | 0 | % |
| Dividend payout ratio (4)                                                |                                                                                                                                                                                                                                                                                                                                               |   | 52                    | %      |   |   | 53      | %      |   |   | -2 | % |
|                                                                     |                                                                                                                                                                                                                                                                                                                                               |   |                  |   |   |   |    |   |   |   |   |   |   |
|   (1)                                                               | Includes acquisition and integration costs of $10.4 million ($6.5 million or $0.02 per share after tax) for the quarter ended March 31, 2010. Basic net income per share attributable to common shareholders of Frontier, as adjusted to exclude acquisition and integration costs, was $0.16 per share for the quarter ended March 31, 2010. |   |
|                                                                     |
|                                                                     |
| (2)                                                                      | Calculated based on weighted average shares outstanding.                                                                                                                                                                                                                                                                                           |   |
| (3)                                                                      | A reconciliation to the most comparable GAAP measure is presented in Schedules A and B at the end of these tables.                                                                                                                                                                                                                                 |   |
| (4)                                                                      | Represents dividends paid divided by free cash flow, as defined in Schedule A.                                                                                                                                                                                                                                                                     |   |                  |   |   |   |    |   |   |   |

|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|--------|-------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------|---------------------------------------------------------------------------------------------------|--------------------------------------------------|-----------|--------|
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   | Frontier Communications Corporation       |
|   | Consolidated Financial and Operating Data |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   | For the quarter ended                                  |                                             |                                                                                              |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   | March 31,                                              |                                             | %                                                                                                 |
|   | (Amounts in thousands)                    |                                                                                                                                                                                                                                                                                   | 2010                                                   |                                                   |                                                   | 2009                                             |                                                                                              | Change                                           |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   | Selected Income Statement Data            |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |
|   | Revenue                                   |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |
|   |                                      | Local and long distance services                                                                                                                                                                                                                                                       |                                                   |  $   223,581                       |                                                   |                                             |  $  242,308                                                                        |  (1)                                        | -8%       |
|   |                                      | Data and internet services                                                                                                                                                                                                                                                             |                                                   |       163,368            |                                                   |                                             |      156,730                                                             |  (1)                                        | 4%        |
|   |                                      | Switched access and subsidy                                                                                                                                                                                                                                                            |                                                   |         88,784 |                                                   |                                             |        90,065                                                  |                                             | -1%       |
|   |                                      | Directory services                                                                                                                                                                                                                                                                     |                                                   |         24,617 |                                                   |                                             |        27,705                                                  |                                             | -11%      |
|   |                                      | Other                                                                                                                                                                                                                                                                                  |                                                   |                                                   |         19,499 |                                             |                                                                                              |        21,148 |  (1) | -8%    |
|   | Total revenue                             |                                                                                                                                                                                                                                                                                   |       519,849            |                                                   |                                                   |      537,956            |                                                                                              | -3%                                              |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   | Expenses                                  |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |
|   |                                      | Network access expenses                                                                                                                                                                                                                                                                |                                                   |         53,543 |                                                   |                                             |        60,684                                                  |                                             | -12%      |
|   |                                      | Other operating expenses (2)                                                                                                                                                                                                                                                           |                                                   |       193,025            |                                                   |                                             |      200,204                                                             |                                             | -4%       |
|   |                                      | Depreciation and amortization                                                                                                                                                                                                                                                          |                                                   |       101,049            |                                                   |                                             |      137,558                                                             |                                             | -27%      |
|   |                                      | Acquisition and integration costs                                                                                                                                                                                                                                                      |                                                   |         10,370 |                                                   |                                             |                 - |                                             | NM        |
|   | Total operating expenses                  |                                                                                                                                                                                                                                                                                   |       357,987            |                                                   |                                                   |      398,446            |                                                                                              | -10%                                             |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   | Operating Income                          |                                                                                                                                                                                                                                                                                   |  $   161,862                       |                                                   |                                                   |  $  139,510                       |                                                                                              | 16%                                              |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   | Other Financial Data                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |
|   | Revenue:                                  |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |
|   |                                      |    Residential                                                                                                                                                                                                                                                          |                                                   |  $   220,396                       |                                                   |                                             |  $  230,466                                                                        |                                             | -4%       |
|   |                                      |    Business                                                                                                                                                                                                                                                             |                                                   |       210,669            |                                                   |                                             |      217,425                                                             |                                             | -3%       |
|   |                                      |           Total customer revenue                                                                                                                                                                                                     |                                                   |       431,065            |                                                   |                                             |      447,891                                                             |                                             | -4%       |
|   |                                      |    Regulatory (Switched access and subsidy)                                                                                                                                                                                                                             |         88,784 |                                                   |                                                   |        90,065 |                                                                                              | -1%                                              |
|   | Total revenue                             |                                                                                                                                                                                                                                                                                   |  $   519,849                       |                                                   |                                                   |  $  537,956                       |                                                                                              | -3%                                              |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   |                                      |                                                                                                                                                                                                                                                                                   |                                                   |                                                   |                                                   |                                             |                                                                                              |                                             |      |   |
|   | (1)                                       | Reflects the reclassification of Long distance services revenue of $41.4 million to Local and long distance services revenue.  Reflects the reclassification of wireless data revenue of $0.3 million from Other revenue to Data and internet services revenue.              |
|   |                                      |
|   |                                      |
|   | (2)                                       | Includes non-cash pension costs of $7.3 million and $8.2 million for the quarters ended March 31, 2010 and 2009, respectively.  Includes severance and early retirement costs of $0.1 million and $2.6 million for the quarters ended March 31, 2010 and 2009, respectively. |
|   |                                      |
|   |                                      |

----

| Frontier Communications Corporation           |                                         |
|-----------------------------------------------|----------------------------------------------|
| Consolidated Financial and Operating Data     |                                         |
|                                          |                                         |
|                                          |                                         |   | For the quarter ended |   |   |   |   |
|                                          |                                         |   | March 31, |   |   | % |   |
| (Amounts in thousands, except operating data) |                                         | 2010 |   |   | 2009 |   |   | Change |   |
|                                          |                                         |   |   |   |   |   |   |   |   |   |
|                                          |                                         |   |   |   |   |   |   |   |   |   |
| Other Financial and Operating Data            |                                         |   |   |   |   |   |   |   |   |
|                                          |                                         |   |   |   |   |   |   |   |   |   |
| Access lines:                                 |                                         |   |   |   |   |   |   |   |   |
|                                          | Residential                                  |   |   | 1,322,665 |   |   |   | 1,427,149 |   |   |   | -7 | % |
|                                          | Business                                     |   |   | 760,147 |   |   |   | 789,654 |   |   |   | -4 | % |
| Total access lines                            |                                         |   | 2,082,812 |   |   |   | 2,216,803 |   |   |   | -6 | % |
|                                          |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Residential customer metrics:                 |                                         |   |   |   |   |   |   |   |   |   |   |   |
|                                          | Customers                                    |   |   | 1,230,426 |   |   |   | 1,323,369 |   |   |   | -7 | % |
|                                          | Revenue                                      |   | $ | 220,396 |   |   | $ | 230,466 |   |   |   | -4 | % |
|                                          | Average monthly residential revenue          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |    per customer               |   | $ | 59.13 |   |   | $ | 57.53 |   |   |   | 3 | % |
|                                          | Percent of customers on price protection     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |    plans                      |   |   | 55.3 | % |   |   | 48.2 | % |   |   | 15 | % |
|                                          | Customer monthly churn                       |   |   | 1.37 | % |   |   | 1.49 | % |   |   | -8 | % |
|                                          | Products per residential customer (1)        |   |   | 2.54 |   |   |   | 2.42 |   |   |   | 5 | % |
|                                          |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Business customer metrics:                    |                                         |   |   |   |   |   |   |   |   |   |   |   |
|                                          | Customers                                    |   |   | 138,223 |   |   |   | 149,901 |   |   |   | -8 | % |
|                                          | Revenue                                      |   | $ | 210,669 |   |   | $ | 217,425 |   |   |   | -3 | % |
|                                          | Average monthly business                     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |    revenue per customer       |   | $ | 503.41 |   |   | $ | 478.56 |   |   |   | 5 | % |
|                                          |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Other data:                                   |                                         |   |   |   |   |   |   |   |   |   |   |   |
|                                          | Employees                                    |   |   | 5,363 |   |   |   | 5,628 |   |   |   | -5 | % |
|                                          | High-Speed Internet subscribers              |   |   | 644,060 |   |   |   | 600,047 |   |   |   | 7 | % |
|                                          | Video subscribers                            |   |   | 175,775 |   |   |   | 146,010 |   |   |   | 20 | % |
|                                          | Switched access minutes of use (in millions) |   |   | 2,077 |   |   |   | 2,377 |   |   |   | -13 | % |
|                                          | Average monthly total revenue per            |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |    access line                |   | $ | 82.51 |   |   | $ | 80.21 |   |   |   | 3 | % |
|                                          | Average monthly customer revenue per         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |    access line                |   | $ | 68.42 |   |   | $ | 66.78 |   |   |   | 2 | % |
|                                          |                                         |   |   |   |   |   |   |   |   |   |   |   |   |

| (1)    | Products per residential customer:  primary residential voice line, HSI and video products have a value of 1. Frontier long distance, Frontier Peace of Mind, second lines, feature packages and dial-up have a value of 0.5. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
|   |                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |

----

| Frontier Communications Corporation            |   |
|------------------------------------------------|--------|
| Condensed Consolidated Balance Sheet Data      |   |
|                                           |   |
| (Amounts in thousands)                         |   |   |   |   |   |   |
|                                           |   |   |   |   |   |   |
|                                           |   | March 31, 2010 |   |   | December 31, 2009 |   |
| ASSETS                                         |   |   |   |   |   |   |
| Current assets:                                |   |   |   |   |   |   |
| Cash and cash equivalents                      |   | $ | 331,095 |   |   | $ | 358,693 |   |
| Accounts receivable and other current assets   |   |   | 295,833 |   |   |   | 321,387 |   |
| Total current assets                           |   |   | 626,928 |   |   |   | 680,080 |   |
|                                           |   |   |   |   |   |   |   |   |
| Property, plant and equipment, net             |   |   | 3,115,991 |   |   |   | 3,133,521 |   |
|                                           |   |   |   |   |   |   |   |   |
| Other long-term assets                         |   |   | 3,050,704 |   |   |   | 3,064,654 |   |
| Total assets                                   |   | $ | 6,793,623 |   |   | $ | 6,878,255 |   |
|                                           |   |   |   |   |   |   |   |   |
| LIABILITIES AND EQUITY                         |   |   |   |   |   |   |   |   |
| Current liabilities:                           |   |   |   |   |   |   |   |   |
| Long-term debt due within one year             |   | $ | 7,228 |   |   | $ | 7,236 |   |
| Accounts payable and other current liabilities |   |   | 318,819 |   |   |   | 385,441 |   |
| Total current liabilities                      |   |   | 326,047 |   |   |   | 392,677 |   |
|                                           |   |   |   |   |   |   |   |   |
| Deferred income taxes and other liabilities    |   |   | 1,363,473 |   |   |   | 1,352,379 |   |
| Long-term debt                                 |   |   | 4,796,474 |   |   |   | 4,794,129 |   |
| Equity                                         |   |   | 307,629 |   |   |   | 339,070 |   |
| Total liabilities and equity                   |   | $ | 6,793,623 |   |   | $ | 6,878,255 |   |
|                                           |   |   |   |   |   |   |   |   |
|                                           |   |   |   |   |   |   |   |   |
|                                           |   |   |   |   |   |   |   |   |

----

|                                                                |   |                                 |    |   |   |   |
|---------------------------------------------------------------------|--------|--------------------------------------|---------|--------|--------|--------|
|                                                                |   |                                 |    |   |   |   |
| Frontier Communications Corporation                                 |   |
| Consolidated Cash Flow Data                                         |   |
|                                                                |   |
| (Amounts in thousands)                                              |   |
|                                                                |   |                                 |    |   |   |   |
|                                                                |   | For the three months ended March 31, |    |
|                                                                |   | 2010                                 |    |   | 2009   |   |
|                                                                |   |                                 |    |   |   |   |
| Cash flows provided by (used in) operating activities:              |   |                                 |    |   |   |   |
| Net income                                                          |   | $                                    | 43,472  |   |   | $      | 36,955 |   |
| Adjustments to reconcile net income to net cash provided            |   |                                 |    |   |   |   |   |   |
|    by operating activities:                          |   |                                 |    |   |   |   |   |   |
|    Depreciation and amortization expense                  |   |                                 | 101,049 |   |   |   | 137,558 |   |
|    Stock based compensation expense                       |   |                                 | 2,743   |   |   |   | 2,122 |   |
|    Pension expense                                        |   |                                 | 7,323   |   |   |   | 8,246 |   |
|    Other non-cash adjustments                             |   |                                 | (2,159  | )      |   |   | (3,759 | ) |
|    Deferred income taxes                                  |   |                                 | 8,084   |   |   |   | 4,125 |   |
|    Change in accounts receivable                          |   |                                 | 1,242   |   |   |   | 9,211 |   |
|    Change in accounts payable and other liabilities       |   |                                 | (62,914 | )      |   |   | (47,409 | ) |
|    Change in other current assets                         |   |                                 | 24,312  |   |   |   | 26 |   |
| Net cash provided by operating activities                           |   |                                 | 123,152 |   |   |   | 147,075 |   |
|                                                                |   |                                 |    |   |   |   |   |   |
| Cash flows provided from (used by) investing activities:            |   |                                 |    |   |   |   |   |   |
|    Capital expenditures - Business operations             |   |                                 | (39,927 | )      |   |   | (54,572 | ) |
|    Capital expenditures - Integration activities          |   |                                 | (29,679 | )      |   |   | - |   |
|    Other assets purchased and distributions received, net |   |                                 | 142     |   |   |   | 158 |   |
| Net cash used by investing activities                               |   |                                 | (69,464 | )      |   |   | (54,414 | ) |
|                                                                |   |                                 |    |   |   |   |   |   |
| Cash flows provided from (used by) financing activities:            |   |                                 |    |   |   |   |   |   |
|    Long-term debt payments                                |   |                                 | (977    | )      |   |   | (962 | ) |
|    Financing costs paid                                   |   |                                 | (82     | )      |   |   | - |   |
|    Issuance of common stock                               |   |                                 | -       |   |   |   | 680 |   |
|    Dividends paid                                         |   |                                 | (78,355 | )      |   |   | (78,085 | ) |
|    Repayment of customer advances for construction and    |   |                                 |    |   |   |   |   |   |
|     distributions to noncontrolling interests        |   |                                 | (1,872  | )      |   |   | (490 | ) |
| Net cash used by financing activities                               |   |                                 | (81,286 | )      |   |   | (78,857 | ) |
|                                                                |   |                                 |    |   |   |   |   |   |
| Increase (decrease) in cash and cash equivalents                    |   |                                 | (27,598 | )      |   |   | 13,804 |   |
| Cash and cash equivalents at January 1,                             |   |                                 | 358,693 |   |   |   | 163,627 |   |
|                                                                |   |                                 |    |   |   |   |   |   |
| Cash and cash equivalents at March 31,                              |   | $                                    | 331,095 |   |   | $      | 177,431 |   |
|                                                                |   |                                 |    |   |   |   |   |   |
| Cash paid during the period for:                                    |   |                                 |    |   |   |   |   |   |
|    Interest                                               |   | $                                    | 109,528 |   |   | $      | 116,408 |   |
|    Income taxes                                           |   | $                                    | -       |   |   | $      | 1,255 |   |
|                                                                |   |                                 |    |   |   |   |   |   |

----

|                                          |                                                                   |   |                            |    |   | Schedule A |   |
|-----------------------------------------------|------------------------------------------------------------------------|--------|---------------------------------|---------|--------|------------|--------|
|                                          |                                                                   |   |                            |    |   |       |   |
| Reconciliation of Non-GAAP Financial Measures |                                                                   |
|                                          |                                                                   |   |                            |    |   |       |   |
|                                          |                                                                   |   |                            |    |   |       |   |
|                                          |                                                                   |   | For the quarter ended March 31, |    |
|                                          | (Amounts in thousands)                                                 |   | 2010                            |    |   | 2009       |   |
|                                          |                                                                   |   |                            |    |   |       |   |
|                                          | Net Income to Free Cash Flow;                                          |   |                            |    |   |       |   |
|                                          |    Net Cash Provided by Operating Activities            |   |                            |    |   |       |   |
|                                          |                                                                   |   |                            |    |   |       |   |
|                                          | Net income                                                             |   | $                               | 43,472  |   |       | $      | 36,955 |   |
|                                          |                                                                   |   |                            |    |   |       |   |   |   |
|                                          |  Add back:                                                        |   |                            |    |   |       |   |   |   |
|                                          |     Depreciation and amortization                  |   |                            | 101,049 |   |       |   | 137,558 |   |
|                                          |     Income tax expense                             |   |                            | 32,056  |   |       |   | 22,053 |   |
|                                          |     Acquisition and integration costs              |   |                            | 10,370  |   |       |   | - |   |
|                                          |     Pension expense (non-cash) (1)                 |   |                            | 7,323   |   |       |   | 8,246 |   |
|                                          |     Stock based compensation                       |   |                            | 2,743   |   |       |   | 2,122 |   |
|                                          |                                                                   |   |                            |    |   |       |   |   |   |
|                                          |  Subtract:                                                        |   |                            |    |   |       |   |   |   |
|                                          |     Cash paid for income taxes                     |   |                            | -       |   |       |   | 1,255 |   |
|                                          |     Other income, net                              |   |                            | 5,037   |   |       |   | 4,959 |   |
|                                          |     Capital expenditures - Business operations (2) |   |                            | 39,927  |   |       |   | 54,572 |   |
|                                          | Free cash flow                                                         |   |                            | 152,049 |   |       |   | 146,148 |   |
|                                          |                                                                   |   |                            |    |   |       |   |   |   |
|                                          |  Add back:                                                        |   |                            |    |   |       |   |   |   |
|                                          |     Deferred income taxes                          |   |                            | 8,084   |   |       |   | 4,125 |   |
|                                          |     Non-cash (gains)/losses, net                   |   |                            | 7,907   |   |       |   | 6,609 |   |
|                                          |     Other income, net                              |   |                            | 5,037   |   |       |   | 4,959 |   |
|                                          |     Cash paid for income taxes                     |   |                            | -       |   |       |   | 1,255 |   |
|                                          |     Capital expenditures - Business operations (2) |   |                            | 39,927  |   |       |   | 54,572 |   |
|                                          |                                                                   |   |                            |    |   |       |   |   |   |
|                                          |  Subtract:                                                        |   |                            |    |   |       |   |   |   |
|                                          |     Changes in current assets and liabilities      |   |                            | 37,360  |   |       |   | 38,172 |   |
|                                          |     Income tax expense                             |   |                            | 32,056  |   |       |   | 22,053 |   |
|                                          |     Acquisition and integration costs              |   |                            | 10,370  |   |       |   | - |   |
|                                          |     Pension expense (non-cash) (1)                 |   |                            | 7,323   |   |       |   | 8,246 |   |
|                                          |     Stock based compensation                       |   |                            | 2,743   |   |       |   | 2,122 |   |
|                                          | Net cash provided by operating activities                              |   | $                               | 123,152 |   |       | $      | 147,075 |   |
|                                          |                                                                   |   |                            |    |   |       |   |   |   |

|   | (1) | Includes pension expense of $9.0 million and $10.2 million, less amounts capitalized into the cost of capital expenditures of $1.7 million and $2.0 million, for the quarters ended March 31, 2010 and 2009, respectively. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | (2) | Excludes capital expenditures for integration activities.                                                                                                                                                                  |   |   |   |   |   |

----

|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   | Schedule B |   |   |     |   |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------|---------|--------|--------------------------------------|--------|---------|-----------|--------|--------|------------|--------|--------|----------|--------|--------|----------|--------|---------|-----------|--------|--------|------------|--------|--------|----------|--------|
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |
|   | Reconciliation of Non-GAAP Financial Measures                                                                                                                                                                              |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |
|   |                                                                                                                                                                                                                       |   | For the quarter ended March 31, 2010 |    |   | For the quarter ended March 31, 2009 |   |
|   | (Amounts in thousands)                                                                                                                                                                                                     |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   | Acquisition                          |   |    |      |   |   | Severance  |   |   |     |   |   |     |   |    |      |   |   | Severance  |   |   |     |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   | and                                  |   |    | Non-cash  |   |   | and Early  |   |   |     |   |   |     |   |    | Non-cash  |   |   | and Early  |   |   |     |   |
|   | Operating Cash Flow and                                                                                                                                                                                                    |   | As                                   |    |   | Integration                          |   |    | Pension   |   |   | Retirement |   |   | As       |   |   | As       |   |    | Pension   |   |   | Retirement |   |   | As       |   |
|   |  Operating Cash Flow Margin                                                                                                                                                                                           |   | Reported                             |    |   | Costs                                |   |    | Costs (1) |   |   | Costs      |   |   | Adjusted |   |   | Reported |   |    | Costs (1) |   |   | Costs      |   |   | Adjusted |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |
|   | Operating Income                                                                                                                                                                                                           |   | $                                    | 161,862 |   |                                 | $      | (10,370 | )         |   | $      | (7,323     | )      |   | $        | (142   | )      |     | $      | 179,697 |      |   | $      | 139,510    |   |   | $        | (8,246 | ) |   | $ | (2,556 | ) |   | $ | 150,312 |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |  Add back:                                                                                                                                                                                                            |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |      Depreciation and                                                                                                                                                                             |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |        amortization                                                                                                                                                                     |   |                                 | 101,049 |   |                                 |   | -       |      |   |   | -          |   |   |     | -      |   |     |   | 101,049 |      |   |   | 137,558    |   |   |     | -      |   |   |   | - |   |   |   | 137,558 |   |
|   | Operating cash flow                                                                                                                                                                                                        |   | $                                    | 262,911 |   |                                 | $      | (10,370 | )         |   | $      | (7,323     | )      |   | $        | (142   | )      |     | $      | 280,746 |      |   | $      | 277,068    |   |   | $        | (8,246 | ) |   | $ | (2,556 | ) |   | $ | 287,870 |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   | Revenue                                                                                                                                                                                                                    |   | $                                    | 519,849 |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     | $      | 519,849 |      |   | $      | 537,956    |   |   |     |   |   |   |   |   |   |   | $ | 537,956 |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   | Operating income margin                                                                                                                                                                                                    |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |    (Operating income divided                                                                                                                                                                                |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |        by revenue)                                                                                                                                                                      |   |                                 | 31.1    | %      |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   | 34.6    | %         |   |   | 25.9       | %      |   |     |   |   |   |   |   |   |   |   | 27.9 | % |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   | Operating cash flow margin                                                                                                                                                                                                 |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |    (Operating cash flow divided                                                                                                                                                                             |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |        by revenue)                                                                                                                                                                      |   |                                 | 50.6    | %      |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   | 54.0    | %         |   |   | 51.5       | %      |   |     |   |   |   |   |   |   |   |   | 53.5 | % |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |
| (1)    | Includes pension expense of $9.0 million and $10.2 million, less amounts capitalized into the cost of capital expenditures of $1.7 million and $2.0 million, for the quarters ended March 31, 2010 and 2009, respectively. |   |
|   |
|   |                                                                                                                                                                                                                       |   |                                 |    |   |                                 |   |    |      |   |   |       |   |   |     |   |   |     |   |    |      |   |   |       |   |   |     |   |   |   |   |   |   |   |   |   |   |