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Broadband

Frontier suspends dividend after Q4 loss of USD 1 bln on writedown

Wednesday 28 February 2018 | 09:51 CET | News
US operator Frontier Communications announced it's suspending quarterly dividends in order to devote more cash to debt reduction. Announcing its annual results, the company said the move will free up around USD 250 million to strengthen its balance sheet.

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Categories: Fixed
Companies: Frontier Communications
Countries: United States
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