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Broadband

Windstream revenues fall 8% in Q2, led by enterprise decline

Thursday 30 July 2020 | 17:00 CET | News
US operator Windstream reported second-quarter revenues down 8 percent to USD 1.16 billion. Adjusted OIBDA, excluding payments to network owner Uniti, fell 7 percent to USD 419.8 million, helped by cuts to operating costs. Excluding extra payments to technicians working through the coronavirus crisis, adjusted OIBDA improved on a sequential basis for a third consecutive quarter, Windstream said. The company said it's on track to complete its debt restructuring and emerge from Chapter 11 by the end of the summer. 

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Categories: Fixed
Companies: Windstream
Countries: United States
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