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Broadband

Frontier results continue lower in Q1, opg free cash flow negative

Wednesday 1 May 2019 | 09:53 CET | News
US operator Frontier Communications reported a further fall in results for the first quarter, but said it was on track to achieve its targeted cost savings and was seeing some improvement in broadband trends. Revenues fell to USD 2.10 billion from USD 2.12 billion a year ago, and adjusted EBITDA dropped nearly 4 percent to USD 873 million. The company moved to a loss of USD 87 million from a profit of USD 20 million a year ago, due to extra costs for severance and early debt retirement. 

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Categories: Fixed
Companies: Frontier Communications
Countries: United States
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