0
Broadband

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

Thursday 30 July 2020 | 17:00 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
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. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Windstream
Countries: United States
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Windstream Enterprise promotes Smith to head of Strategic Channels

Published 20 Oct 2020 11:40 CET | United States
Windstream Enterprise (WE) promoted VP – Indirect Sales, Brad Smith to head of Strategic Channels. Smith, who joined Windstream ...

Windstream presents new logo as it exits bankruptcy procedure

Published 22 Sep 2020 08:57 CET | United States
The company said it has enhanced its offerings within Windstream Enterprise, Kinetic by Windstream and Windstream Wholesale. CEO ...

Windstream selects Ciena for national converged optical network

Published 10 Aug 2020 15:45 CET | United States
Windstream and Ciena said that Windstream will build its National Converged Optical Network (NCON) with Ciena's photonic, ...

Windstream Enterprise fortifies SD-WAN with virtual firewall

Published 06 Aug 2020 17:31 CET | United States
Windstream Enterprise said it released a dynamic new security feature to protect businesses from increasingly sophisticated ...

Windstream Wholesale adds Cyxtera, Digital Realty data centres to portfolio

Published 05 Aug 2020 16:44 CET | United States
Windstream Wholesale said it established a new presence at Cyxtera's CH3 centre in Elk Grove, Illinois, and at Digital Realty's ...

Windstream, Colquitt EMC partner to expand broadband access

Published 03 Aug 2020 07:40 CET | United States
Windstream and Colquitt Electric Membership announced a joint effort to expand the coverage area of Windstream's fibre broadband ...

Windstream announces new directors as restructuring completes

Published 28 Jul 2020 16:55 CET | United States
Windstream announced nine appointments to its new board of directors that will govern the company upon emergence from ...

Windstream raises FY broadband subscriber growth target to 60,000

Published 21 Jul 2020 14:36 CET | United States
US operator Windstream has raised its target for full-year broadband growth to 60,000 new subscribers, after beating its previous ...

Windstream deploys fibre to 100,000 new locations in H1, adds 40,000 broadband subscribers

Published 17 Jul 2020 09:37 CET | United States
US operator Windstream said it enabled approximately 100,000 new locations with gigabit-capable fibre services through H1. As a ...

Windstream to emerge from bankruptcy this summer as private company

Published 26 Jun 2020 09:02 CET | United States
US operator Windstream said the bankruptcy court for the Southern District of New York has confirmed its reorganisation plans. ...

Windstream data traffic up 30% since mid-March

Published 30 Mar 2020 16:11 CET | United States
US operator Windstream said voice traffic has gone up 50 percent since mid-March due to the coronavirus, while data traffic has ...

Windstream brings more debt holders on board for reorganisation plan

Published 17 Mar 2020 11:09 CET | United States
Windstream, which filed for Chapter 11 reorganisation last year, has increased its participation cap of USD 430 million in the ...

Windstream delivers faster Kinetic internet speeds to 1.3 mln locations in 2019

Published 21 Jan 2020 17:24 CET | United States
Windstream said it delivered faster internet connections to about 1.3 million locations in 2019. The company accomplished the ...





Calendar   /   Industry Events

19 Oct Capacity Europe 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Netgear Q3 2020
21 Oct Crown Castle Q3
21 Oct Telia Q3 2020
21 Oct Verizon Q3 2020
21 Oct Profile: Budget Alles-in-1
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Intel Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Telefonica Brasil Q3 2020
::: More Calendar Items