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Broadband

Frontier losses continue on goodwill write-off, loss on assets sale

Wednesday 6 November 2019 | 09:10 CET | News
US fixed operator Frontier Communications announced a net loss of USD 345 million for the third quarter, narrowing slightly from a loss of USD 426 million a year earlier. The loss includes a charge of USD 276 million to write off the last of its goodwill and a loss of USD 30 million on the planned sale of operations in Washington, Oregon, Idaho, and Montana.

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Categories: Fixed
Companies: Frontier Communications
Countries: United States
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