Frontier Communications Corp (NASDAQ:FTR) announced its fourth quarter and FY2016 results and released an update on its progress with wireline properties bought from Verizon in California, Florida and Texas. Dan McCarthy, the President and CEO, reported that during the quarter they achieved notable progress in positioning their firm to deliver improved customer experience and enhanced […]
Dan McCarthy
Acquisition Of New Markets Leading Frontier Communications Corp (NASDAQ:FTR) Growth
Frontier Communications Corp (NASDAQ:FTR) reported that the revenue in 2Q2016 came at $2.61 billion compared to $1.36 billion in 1Q2016 with the acquisition of the new markets leading the large increase. Net loss to common shareholders amounted to $80 million while adjusted EBITDA came at $1.03 billion. The company recorded free cash flow of $250 […]
