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Broadband

Windstream posts USD 1.8 bln loss in Q4 after writing off ILEC business

Thursday 22 February 2018 | 18:00 CET | News
US operator Windstream reported a net loss of USD 1.84 billion for the fourth quarter after it wrote down the value of its ILEC consumer, small business and wholesale operations by USD 1.8 billion. That compares to a loss of USD 87 million in the year-earlier period. The company's revenues for the period were up slightly to USD 1.5 billion from USD 1.3 billion, thanks to the acquisitions of EarthLink and Broadview and new services in the enterprise market.

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Categories: Fixed
Companies: Windstream
Countries: United States
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