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Frontier's Q2 revenue declines to $1.26B - Fierce Telecom
Frontier Communications (Nasdaq: FTR) reported in its second-quarter 2012 earnings call Tuesday that revenue declined sequentially to $1.258 billion, from $1.27 billion in Q1 2012. Once again, the service provider attributed lower revenues to a decrease in tresidential and business customers, switched access, data services and video revenue. As of the end June, Frontier had a total of 2,9 million residential customers and 296,500 business customers. The service provider reported $28.6 million ($0.02 per share after tax) in integration costs for Verizon's (NYSE: VZ) former rural lines during the quarter,...
Published By: Fierce Telecom - Wednesday, 1 August, 2012
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Fierce Telecom (Yesterday) - Frontier Communications is one of the first service providers to offer discounted broadband services in...