Frontier Communications (FTR) Tops Q4 EPS by 8c

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Frontier Communications Reports 2015 Fourth Quarter and Full Year Results

February 23, 2016 7:21 AM EST

Twelfth consecutive quarter of strong broadband momentum with 28,500 net broadband additions; 102,000 total 2015 net broadband additions Maintained an attractive, sustainable full year dividend payout ratio of 49% On schedule for closing and integrating the Verizon transaction Increasing Day One synergy estimate to be in excess of $600 million

NORWALK, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NASDAQ: FTR) today reported fourth quarter 2015 revenue of $1,413 million, operating income of $182 million and net loss of $103 million, or $0.09 per share. Excluding... More