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Broadband

Windstream grows Kinetic subscriber base amid lower Q1

Monday 11 May 2020 | 16:31 CET | News
US operator Windstream reported adjusted revenues of USD 1.20 billion for the first quarter, off from the 1.32 billion recorded the year before. Service revenues slipped to USD 1.18 billion form 1.30 billion. Adjusted OIBDAR meanwhile was unchanged at USD 423 million, while capex lifted to USD 232 million from 193 million. Liquidity amounted to USD 555 at end March. Kinetic service revenues went lower to USD 505 million from 514 million, while enterprise service revenue off at USD 590 million from 696 million. Wholesale service revenue meanwhile decreased to USD 85 million from 93 million.

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Categories: Fixed
Companies: Windstream
Countries: United States
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