Frontier Communications

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:

Frontier Communications reported first-quarter 2023 results:

Frontier Communications reported its first quarter 2022 financial results. The company added 54,000 fiber broadband customers in the quarter, resulting in growth of 10.4 percent from the first quarter of 2021. Frontier also built fiber to 211,000 locations. Ultimately, the company saw total revenue of $1.45 billion, down 10.7 percent from first quarter 2021. According to the company, its fiber broadband growth in 2022 has been offset by declines in subsidy, video, voice, and wholesale.

Frontier Communications requests that the Federal Communications Commission waive Frontier’s obligations under the Connect America Fund (“CAF”) Phase II model-based support program to reach its 80% year-end 2019 milestone in Arizona, New Mexico, and Utah because it has not been permitted to build on the Navajo Nation for the past year. Frontier requires the use of the Navajo Nation public rights of way.