Frontier Reports Fourth-Quarter and Full-Year 2023 Results

Frontier Communications released its fourth-quarter and full-year 2023 results. Fourth-quarter highlights included:

• Passed 333,000 new fiber locations
• Added 84,000 fiber broadband customers
• Revenue of $1.43 billion decreased 0.8% year-over-year as growth in fiber-based products was offset by declines in copper-based products
• Operating income of $120 million and net income of $17 million

Full-year highlights included:

• Passed 1.32 million new fiber locations to reach 6.5 million total fiber locations
• Added a record 318,000 fiber broadband customers, resulting in fiber broadband customer growth of 19% year-over-year