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Frontier on track to reach FY adjusted EBITDA of USD 125 mln after lower Q2

Friday 4 September 2020 | 14:31 CET | News
US fixed operator Frontier Communications has given an investor update as it prepares to come out of bankruptcy under new executive chairman John Stratton. Frontier said it expects to emerge sometime early next year, and that it has so far received restructuring support from 75 percent of its bondholders. Looking ahead, The company said it has operational initiatives going that puts it on track to reaching an adjusted EBITDA of USD 125 million this year and of USD 400 million by 2022.

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Categories: Fixed
Companies: Frontier Communications
Countries: United States
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