Frontier Narrows Q1 2019 Broadband Losses to 38,000

 

 

  • Frontier Communications

NORWALK, CT — Frontier narrows first quarter broadband losses to 38,000 from 43,000 in 1Q 2018, according to its reported financial results for Q1 2019.
"We continue to focus on our long-term goals of improving revenue and unit trends, realizing our transformation program targets, driving free cash flow, and reducing leverage,” said Dan McCarthy, Frontier president and CEO. “We began to realize some benefits from the extensive efforts underway to improve our broadband unit performance, most notably an improvement in consumer copper broadband subscriber trends where losses more than halved sequentially,” McCarthy added. “Nonetheless we have substantial work ahead. Our transformation program remains on track to achieve the $50 to $100 million in EBITDA benefit we anticipate over the course of 2019.

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