Frontier Communications (FTR) Reports In-Line Q4 Revenue, Suspends Dividend
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Frontier Communications Reports Fourth Quarter and Full Year 2017 Results
February 27, 2018 4:01 PM ESTFourth Quarter
Total revenue of $2.22 billion Consumer customer churn improved to 1.98% from 2.08% in Q3 2017, driven by both CTF FiOS® and Legacy Continued sequential improvement in CTF FiOS® broadband gross and net additions Net loss of $1.03 billion, driven by goodwill impairment, partially offset by tax benefit Adjusted EBITDA1 of $919 million, in line with guidance range Purchased $110 million principal amount of senior unsecured notes Board of Directors suspends the quarterly cash dividend on the Companys common... More