Frontier CEO: Fiber is a Superior Product to Cable and it Shows

Frontier reported quarterly results and no surprise, all the focus is on fiber. The legacy telecom carrier is attempting a fiber-first transformation after emerging from bankruptcy in 2021. The company now touts a Building Gigabit America strategy and it’s seeing positive momentum in the turn around. The company added 50,000 residential fiber broadband subscribers in second quarter 2022, which is 4 times better than a year ago. Frontier added 281,000 new fiber locations and raised its total 2022 fiber location build guidance to 1.1 – 1.2 million locations by the end of 2022. That would take its total fiber passings to 5.2 million, on the way to a projected 10 million by 2025. On the subject of competing with cable, which has the attention of much of the industry these days, Frontier CEO Nick Jeffery doesn’t mince words. “I think it’s clear to see from recent results that as we’ve always said fiber is a superior product to cable,” he said. “In this quarter we gained share against every competitor in every geography we operate in.”