0
Broadband

Windstream sharply reduces net loss in Q4, despite lower revenues

Friday 15 March 2019 | 14:56 CET | News
Revenues for the fourth quarter slipped somewhat to USD 1.39 billion from 1.50 billion the year before, with service revenues falling 4 percent at ILEC Consumer and Small Business, declining 7 percent at Enterprise, sliding 7 percent at Wholesale and off 17 percent at CLEC Consumer, primarily consisting of EarthLink's consumer internet business. The adjusted OIBDAR decreased 9 percent to USD 472 million. The group operating profit however rose to USD 64 million from a loss the year earlier of 1.79 billion. The net loss shrank significantly, to USD 549 million or USD 12.92 per share, from a

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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
Countries: United States
::: add a comment

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 posts Q1 loss of USD 2.3 billion on writedowns

Published 15 May 2019 15:20 CET | United States
Revenues for the quarter fell 9 percent year-on-year to USD 1.32 billion, hurt by the sale of its consumer CLEC business at the ...

Windstream Enterprise integrates OfficeSuite UC with Amazon Alexa

Published 11 Apr 2019 09:19 CET | United States
Windstream Enterprise (WE) announced that its OfficeSuite UC skill is now certified by Amazon and published live for Alexa, ...

Windstream brings faster broadband to rural areas of Nebraska

Published 07 Mar 2019 09:09 CET | United States
Windstream was awarded approximately USD 2.2 million in high-cost support by the Nebraska Public Service Commission to expand ...

Windstream added 14,400 Kinetic Internet customers in 2018

Published 05 Mar 2019 09:22 CET | United States
Windstream, which recently filed for Chapter 11 bankruptcy protection, said it added 14,400 Kinetic Internet customers in 2018, ...

Windstream files for Chapter 11 after debt default

Published 26 Feb 2019 08:47 CET | United States
US operator Windstream has filed for Chapter 11 bankruptcy protection. The company said it has secured USD 1 billion in financing ...

Windstream completes broadband speed upgrades ahead of schedule

Published 22 Feb 2019 10:27 CET | United States
Windstream said it completed its initiative to double the availability of 100 Mbps Kinetic Internet Service in mid-February, ...

Windstream postpones results after court ruling against 2015 spinoff

Published 19 Feb 2019 08:54 CET | United States
The case centres around Windstream's spinoff of its telecom infrastructure into a publicly listed company called Uniti Group, ...

NY court rules for Windstream bondholders against 2015 asset spinoff

Published 18 Feb 2019 11:23 CET | United States
A New York court has ruled against Windstream, regarding the company's 2015 spinoff of certain telecom network assets into an ...

Windstream Enterprise introduces SIEM service

Published 13 Feb 2019 08:40 CET | United States
Windstream Enterprise is introducing the SIEM (Security Information and Event Management) service to address growing security ...

Windstream expands TV service to mobile devices with MobiTV

Published 06 Feb 2019 18:08 CET | United States
Windstream has partnered with MobiTV to launch its Kinetic TV service for mobile devices. The app-based television service will ...

Earthlink plans expansion following takeover

Published 29 Jan 2019 17:20 CET | United States
US ISP EarthLink said it plans expansion following its takeover by Trive Capital from Windstream. The acquisition of the company ...

Windstream adds high-capacity international access with Telxius

Published 21 Jan 2019 09:41 CET | United States
Windstream Wholesale said it's connecting its core network to the MAREA and BRUSA Cable Landing Station in Virginia Beach through ...

Windstream Wholesale expands long-haul core network into Canada

Published 21 Jan 2019 08:44 CET | Canada
Windstream Wholesale will use existing long-haul fibre assets to expand its core network by over 200 miles into Montreal, Quebec. ...

Windstream Enterprise creates new WE Connect portal

Published 16 Jan 2019 15:22 CET | United States
Windstream Enterprise is launching WE Connect, a unified services portal and mobile app designed to elevate the customer ...

Windstream doubles availability of 100 Mbps broadband speeds in 2019

Published 14 Jan 2019 16:34 CET | United States
Windstream said it will double the availability of 100 Mbps Kinetic Internet Service across its 18-state footprint in Q1. ...

Windstream expands Kinetic 1-Gigabit fibre internet service to 100,000 businesses in 2019

Published 08 Jan 2019 06:27 CET | United States
Windstream is expanding the availability of its 1Gbps Kinetic fibre internet services to approximately 100,000 commercial ...

Windstream sells Earthlink consumer internet business for USD 330 mln

Published 02 Jan 2019 08:38 CET | United States
Windstream announced the sale of the EarthLink consumer internet business for USD 330 million cash to Trive Capital, a ...

Windstream sells fibre assets in Minnesota, Nebraska to Arvig for USD 60.5 million

Published 19 Dec 2018 08:56 CET | United States
Windstream sold certain fibre assets in Minnesota and Nebraska to Arvig Enterprises, a Minnesota-based provider of ...

Windstream Enterprise achieves 500,000 seat milestone with cloud-based communications products

Published 05 Dec 2018 10:15 CET | United States
Windstream Enterprise (WE) surpassed 500,000 seats across its cloud-based unified communications products. The total reported ...

Windstream Enterprise expands Cloud Connect network

Published 27 Nov 2018 20:35 CET | World
Windstream Enterprise announced that it's expanding its Cloud Connect network to meet the demands of customers who need ...

Windstream starts Holidays Giveaway of smart home products

Published 20 Nov 2018 09:06 CET | United States
US operator Windstream announced a Holidays Giveaway of free smart home products which takes place each weekday from 19 November ...

Windstream profits improve on lower costs as Q3 revenues fall 5%

Published 08 Nov 2018 16:07 CET | United States
US operator Windstream reported revenues of USD 1.42 billion for the third quarter, down 5 percent from a year earlier. Adjusted ...

Windstream grows broadband base in Q2, revenues still down 3%

Published 09 Aug 2018 17:10 CET | United States
US operator Windstream reported a small increase in adjusted OIBDA for the second quarter as well as its first growth in ...





Calendar   /   Industry Events

21 May NGON & DCI World
21 May MVNOs World Congress
22 May Network Virtualization & SDN Europe
23 May Lenovo fiscal Q4
23 May MTS Q1 2019
23 May Weibo Q1 2019
23 May Sina Q1 2019
23 May ViaSat fiscal Q4
23 May United Internet AGM
24 May Ice Group Q1 2019
27 May Telkom FY results
28 May Cellcom Q1 2019
28 May Pareteum investor day
28 May Computex
28 May Report: Dutch Broadband 2019-Q1
29 May Tele Columbus Q1 2019
29 May Palo Alto Networks fiscal Q3
29 May Telkom Capital Markets Day
29 May A1 Telekom Austria Group AGM
30 May Marvell Q1 2019
30 May Tech Data fiscal Q1
30 May Partner Communications Q1 2019
30 May Bezeq Q1 2019
30 May Dell Technologies fiscal Q1
30 May VMware Q1 2019
::: More Calendar Items