Frontier Communications (FTR) Misses Q2 EPS by 4c

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Frontier Communications Reports 2016 Second Quarter Results

August 1, 2016 4:01 PM EDT

Achieved Annualized Cost Synergies of $1 billion in the Second Quarter Raising Cost Synergy Target to $1.25 billion from $700 million annually Broadband Upgrade Continues Planning additional 1.5 million 50 Mbps capable or higher households over the next year 2016 guidance ranges narrowed; 2017 outlook guidance provided Dividend Payout Ratio(1) of 49% in second quarter

NORWALK, Conn.--(BUSINESS WIRE)-- Frontier Communications Corporation (NASDAQ: FTR) today reported its financial results for the second quarter of 2016, which include contributions... More