Frontier Communications Corp
Why Frontier Faces the Most Competition from Charter
As Frontier offered faster speeds and new offers, the company’s broadband net additions improved sequentially in the California, Texas, and Florida (or CTF) markets during 2Q17.
AT&T’s wireline margins expand slightly in 4Q14
Despite the decline in wireline revenue, the segment’s operating income grew marginally by ~1% year-over-year, or YoY, during 4Q14.
A Look at Frontier’s Growth and Challenges in 2017
Frontier’s outlook for 2017 Frontier Communications (FTR) expects moderate improvements in its customer and revenue trends, cost containment, and synergy realization in 2017. It expects synergy realization from the integration of AT&T’s (T) and Verizon’s (VZ) wireline businesses in Connecticut and CTF (California, Texas, and Florida) markets. Frontier completed the acquisition of AT&T’s and Verizon’s […]
Wall Street’s Take on CenturyLink Leading up to Its 1Q16 Earnings
As of April 11, 2016, ~52.6% of Wall Street analysts’ recommendations for CenturyLink’s stock were “holds,” 15.8% were “sells,” and ~31.6% were “buys.”
Have Charter Communications’ Margins Improved?
Charter Communications’ adjusted EBITDA increased ~6.5% year-over-year on a pro forma basis to reach $3.9 billion in the first quarter.
AT&T’s Value Proposition in the US Telecom Space
As of April 5, 2016, globally, AT&T was the largest telecom player by market capitalization. China Mobile (CHL) followed.
Verizon’s Global Enterprise revenues should follow declining trend
In the first three quarters of 2014, Verizon’s Global Enterprise revenues declined by ~4.2%. They’re expected to decline by ~4% year-over-year in 2014.
What Analysts Recommend for Frontier
Out of the 17 analysts covering Frontier, only one analyst has rated the stock a “buy,” while ten analysts rated the stock a “hold.”
A Look at Charter Communications’ Earnings Growth in 4Q17
In 3Q17, Charter Communications (CHTR) reported adjusted EBITDA of $3.8 billion, compared to $3.6 billion in 3Q16.
Investors should be aware of regulations in the telecom industry
In the US and around the world, the telecom industry is regulated because market forces can’t maintain competition within the highly capital-intensive industry.
Understanding Frontier’s Recent Bounce
Shares of Frontier Communications (FTR) rose 20.7% last week (ended May 19, 2017). The stock has been in a downward spiral for the past 12 months.
No ‘Buy’ Ratings for Frontier despite Improved Losses in Q4 2018
Frontier Communications (FTR) marginally beat revenue estimates and reported wider-than-expected losses per share in the fourth quarter of 2018.
What was the key growth driver for AT&T’s wireline segment?
Adjusted revenue from IP-based strategic services grew by 14.3% YoY in 4Q14. Adjusted consumer wireline revenue increased by 2.4% during the quarter.
Everything you need to know about AT&T’s wireline business
U-Verse and strategic business services have been the main growth areas for AT&T’s wireline business, offset by the declines in legacy voice and data products. AT&T’s U-Verse broadband and TV business both are showing strong growth.
Can Frontier Communications Keep Lowering Its Churn Rate?
Frontier Communications has been trying to retain its subscribers and maintain a lower churn rate amid a highly competitive telecom sector.
Verizon and Cablevision: Market Share after the Altice Transaction
An improving broadband proposition with higher Internet speeds should positively affect Cablevision (CVC), considering the competitive dynamics in its industry.
What’s Happening with Charter in the Broadband Space?
The cable industry’s market share of US broadband subscribers continued to rise in 1Q17. Comcast and Charter added the most broadband subscribers.
Expectations for Frontier’s Video Net Additions in 1Q17
Frontier’s video subscribers Frontier Communications (FTR) views video services as a future growth driver. It anticipates that its Verizon (VZ) CTF (California, Texas, Florida) transaction will boost its video service proposition. Frontier has also gained video subscribers from the Connecticut wireline properties it acquired from AT&T (T) in October 2014. Frontier’s management remains confident that […]
Why Frontier’s Broadband Subscriber Base Continues to Shrink
Frontier’s broadband subscribers Let’s look at Frontier Communications’ (FTR) performance in the broadband space. Its customer losses continued as the company shed broadband and video subscribers in 1Q17. Frontier’s broadband subscribers fell ~2.5% sequentially to reach 4.2 million at the end of 1Q17. In 1Q17, on a net basis, the wireline player lost 107,000 broadband […]
Analyzing Frontier’s Outlook for 2016 and Beyond
Frontier Communications expects moderate improvement in its customer and revenue trends as well as continued focus on cost containment and synergy realizations.
Wireless is Verizon’s Core Focus Area
Wireless is the key segment of Verizon’s business. It generated revenue and EBITDA of ~$22.6 billion and ~$9.9 billion, respectively, in 2Q15.
Why Frontier’s Revenue Fell in 3Q17
Frontier generated total revenue of ~$2.3 billion in 3Q17, a fall of ~10.8% on a YoY basis and a fall of ~2.3% on a sequential basis, but in line with the consensus estimate.
Sprint’s Fiscal 3Q15 Revenue Lower than Analysts’ Expectations
Sprint’s revenue again missed Wall Street’s expectations. Revenue came in ~1.6% below the consensus estimate.
Frontier’s 3Q15 Earnings Surprise Wall Street Analysts
Frontier’s earnings in 3Q15 surprised Wall Street analysts, as it was expected to have loss for the quarter.
Frontier Communications Stock Rose on CEO Exit News
Frontier Communications (FTR) stock rose 3.4% on Wednesday. The stock rose following media reports about Frontier CEO Dan McCarthy’s exit.
Overview: Current junk-rated debt and leveraged loans situation
Bond investors have options when it comes to structuring their fixed income portfolios. They may invest in debt that’s rated investment-grade or non-investment grade (or junk-rated).
Verizon’s EBITDA Is Expected to Rise Modestly in 2Q15
According to Wall Street analysts’ consensus as of July 10, on an adjusted basis, Verizon’s EBITDA is expected to rise moderately by ~5% YoY during 2Q15.
AT&T Hit by Potentially Costly Lawsuit
AT&T (T) has been sued in California on accusations that it secretly overcharges its wireless customers in an attempt to fatten its bottom line.
Frontier Communications: Returns and Stock Trends in 2019
On June 21, Frontier Communications’ (FTR) closing price was $1.39 per share. Based on the closing price, Frontier Communications has a market capitalization of $0.15 billion.
Frontier Communications: Revenue Trends in 2019
In the first quarter, Frontier Communications reported net revenues of $2.10 billion—a fall of 4.5% on a year-over-year basis. Frontier Communications missed analysts’ consensus revenue expectation.
CenturyLink’s Current Valuation Compared to Its Peers
On June 20, CenturyLink was trading at a 12-month forward PE ratio of 8.60x. Charter Communications and Comcast’s 12-month forward PE ratios were 38.15x and 13.65x, respectively.
Frontier Communications’ Key Priorities in 2019
Analysts expect Frontier Communications’ sales and adjusted EPS to be $8.2 billion and -$1.24 in fiscal 2019.
Why Frontier Has Been Losing Its Broadband and Video Customers
Frontier Communications’ (FTR) customer losses continued as it shed broadband and video customers.
Are Frontier Communications’ Operating Losses Improving?
Frontier Communications’ adjusted net loss attributable to its common shareholders decreased to $19 million in the first quarter as compared to a net loss of $45 million in the first quarter of 2018.
Why Did Frontier’s Customer Churn Rate Increase in Q1?
Frontier Communications (FTR) has been making efforts to retain its customers and maintain a lower churn rate in a highly competitive telecommunications sector.
CenturyLink’s Earnings Growth Might Continue in Q1
CenturyLink (CTL) is scheduled to report its first-quarter earnings results on May 8. Analysts expect CenturyLink’s adjusted EPS to reach $0.27.
Frontier Communications: Analysts’ Expectations in Q1
Frontier Communications (FTR) is scheduled to report its first-quarter earnings results on April 30.
Frontier Communications’ Earnings Trend
In 2018, Frontier Communications’ (FTR) adjusted net income and EPS were -$120 million and -$1.34, respectively.
Why Did AT&T Stock Rise on Friday?
Shares of US telecom carrier AT&T rose 1.29% and closed at $30.67 on March 15 after Raymond James upgraded its rating on the company.
What Drove Frontier Communications’ Fourth-Quarter Earnings
Frontier Communications (FTR) reported its fourth-quarter results on February 26.
Frontier Communications: What’s the Outlook in 2019?
Analysts expect Frontier Communications (FTR) to report an ~5.0% fall in its consolidated revenues to $8.2 billion in 2019.
What’s CenturyLink’s Outlook for 2019?
Analysts expect CenturyLink (CTL) to report a ~2.5% fall in its consolidated revenues to $22.9 billion in 2019 compared to $23.4 billion in 2018.
Did CenturyLink’s Top Line Meet the Target in the Fourth Quarter?
CenturyLink’s (CTL) top line has been declining over the past few quarters on a pro forma basis.
CenturyLink Stock Fell 10.8% Due to Q4 Results and Dividend Cut
CenturyLink reported its fourth-quarter results after the market closed on February 13. CenturyLink reported an adjusted EPS of $0.37.
Frontier Communications’ Earnings and Revenues in 2018
Frontier Communications reported an adjusted EPS of -$1.31 in the first nine months of 2018—compared to -$3.20 during the same period in 2017.
What’s Expected for CenturyLink’s Fourth-Quarter Earnings
In the first nine months of 2018, CenturyLink’s adjusted EPS grew ~58.8% year-over-year from $0.51 to $0.81.
What Are Frontier Communications’ Capex Plans for 2019?
Frontier Communications (FTR) has been continuously spending on capex to improve its network.
What Are Charter Communications’ Q4 2018 Revenue Expectations?
Charter Communications’ (CHTR) top line has been improving for the past few quarters.
Inside Frontier Communications’ Efforts to Keep a Low Churn Rate
Frontier Communications (FTR) has been trying to retain its customers and maintain a lower churn rate in an intensely competitive telecommunications sector.
Frontier Communications Issues Updated Guidance for 2018
Following its disappointing third-quarter earnings results, Frontier Communications (FTR) lowered its 2018 guidance.
Will Frontier’s Broadband Customer Losses Continue?
In the third quarter, Frontier Communications’ (FTR) subscriber losses continued as the company lost broadband customers.
Frontier Communications’ Q3 2018 Earnings: The Must-Knows
Frontier Communications (FTR) stock reacted negatively to the company’s third-quarter earnings, falling ~22.8%.
September Update: Analysts’ Target for Frontier Unchanged
According to Reuters, as of September 27, 7% of the 15 analysts covering Frontier (FTR) stock have given it a “buy” recommendation.
A Look at Charter Communications’ Strategic Priorities
Charter Communications (CHTR) plans to aggressively deploy 1 Gbps speeds via DOCSIS 3.1 technology across its footprint by the end of 2018.
How Frontier Hopes to Boost Earnings $500 Million in Three Years
Frontier Communications (FTR) has launched a new corporate transformation initiative aiming to boost its earnings by tens of millions of dollars in three years.
Understanding Frontier Communications’ Cost-Saving Measures
In the second quarter, Frontier completed its program to achieve annualized cost synergies of ~$350 million, which was in line with its target.
Broadband Subscriber Losses Are Subduing Frontier’s Growth
Frontier’s broadband customers fell ~0.8% sequentially to reach ~3.9 million on June 30.
What Does Frontier Communications’ Low Churn Rate Indicate?
Frontier Communications reported a customer churn rate of ~1.95% in the second quarter, compared to ~1.94% in the first quarter.
Analyzing Frontier Communications’ Second-Quarter EBITDA
In the second quarter, Frontier Communications’ (FTR) adjusted EBITDA fell ~3.5% YoY (year-over-year) to $884 million from $916 million, and ~2.6% sequentially from $908 million.
Why Frontier Communications Is Losing Broadband Customers
In the second quarter, Frontier Communications’ (FTR) customer losses continued as it shed broadband and video customers.
Frontier Communications’ Subscriber Trends in Q2 2018
In the second quarter of 2018, Frontier’s consumer churn rate of 1.95% was stable sequentially despite seasonal headwinds.
Frontier Communications’ Disappointing Q2 Results
Frontier Communications (FTR) disappointed investors again in the second quarter of 2018 with a loss per share of $0.80.
Charter Communications Beat EPS and Revenue Estimates in Q2 2018
Charter Communications (CHTR) stock reacted positively to the company’s second-quarter earnings report on July 31, rising ~3.6%.
Frontier Communications’ Business Outlook for 2018
In the first quarter, Frontier’s revenues fell ~6.7% year-over-year to reach $2.2 billion.
How Charter Expects to Continue Its Margin Expansion
Charter Communications’ adjusted EBITDA rose ~6.5% year-over-year on a pro forma basis to reach $3.9 billion in the first quarter.
What Charter’s Earnings Growth Could Look Like for 1Q18
In the previous part of this series, we learned how much total revenue growth we can anticipate from Charter (CHTR) in 1Q18. Now let’s take a look at the expected consolidated adjusted EBITDA.
How CenturyLink’s Valuation Compares
As of March 16, 2018, AT&T (T) was the largest US telecom player, with a market capitalization of ~$227.2 billion.
What Wall Street Recommends for Frontier after 4Q17 Earnings
The analyst consensus for Frontier’s 12-month target price is $8.72, which means a potential return of 9% from the closing price of $8.03 as of March 12, 2018.
What Does Frontier’s Low Churn Rate Suggest?
Telecom companies are struggling to retain customers in the saturated US wireless market.
Are Frontier’s Cost-Saving Initiatives Helping Its Earnings?
Frontier’s adjusted EBITDA margins have been growing due to improving revenue trends and cost-reduction measures.
Frontier in February: Analyst Recommendations
Five of the 16 analysts rated Frontier Communications stock gave it a “sell,” while three rated the stock as a “buy,” and eight rated the stock as a “hold.”
Analysts’ Recommendations for CenturyLink in January 2018
Analysts’ recommendations Of the 18 analysts tracking CenturyLink (CTL) stock on January 30, 2018, ten (56%) recommended “hold,” seven recommended “buy,” and one recommended “sell.” Median target price On January 30, analysts’ median target price for CenturyLink was $18, and the company’s closing price was $17.81. CenturyLink has returned -31% in the last 12 months, 6.8% in […]
Verizon’s 5G Action Getting out of the Lab
Verizon’s revenues increased 2.5% year-over-year to $31.7 billion in 3Q17.
Analyzing the Top 5 Telecom Players Valuations for 2018
As of January 4, 2018, AT&T’s (T) market capitalization was ~$233.3 billion, making it the largest US wireless player in terms of market cap.
Frontier’s 2017 Capital Expenditure Budget
In 3Q17, Frontier spent $0.27 billion on capex compared to $0.4 billion in 3Q16. The telecom company has been spending a lot to improve its network potential.
Why Frontier’s Cost Reduction Initiatives Are Paying Off
Frontier Communications (FTR) is implementing a cost-saving plan as part of its efforts to improve profitability.
Understanding Trends in Frontier’s Customer Retention Rate
Charter (CHTR), AT&T (T), and Comcast (CMCSA) are keeping Frontier Communications (FTR) busy, and customer retention is an important metric.
Inside Verizon’s Wireline Segment Earnings Trend
Verizon’s Wireline EBITDA came in at $1.6 billion in 3Q17, compared with $1.5 billion in 3Q16. The segment’s EBITDA margin was 21.1%, up from 20.3% in 3Q16.
What Analysts Expect from Frontier’s 3Q17 Earnings
Frontier Communications (FTR) will publish its 3Q17 results on October 31, 2017. Analysts expect Frontier’s EPS (earnings per share) to fall $1.09 in 3Q17.
How Frontier Communications’ Dividend Yield Compares to Its Peers
Frontier Communications’ (FTR) dividend yield was ~17.9% on September 7, 2017, which was higher than the dividend yield for CenturyLink (CTL) at ~11.6%.
Evaluating Trends in Frontier Communications’ Customer Retention Rate
Frontier Communications reported customer churn of ~2.2% in 2Q17, compared to ~2.4% churn in 1Q17 and ~1.9% churn in 2Q16.
Frontier Communications’ Outlook for 2017
Wall Street expects Frontier Communications’ (FTR) earnings to fall in 2017. Analysts expect its earnings per share to reach -$4.13 in 2017 compared to -$1.35 in 2016.
Frontier Communications: High Dividend Yield despite Dividend Cut
In this series, we’ll look some small-cap stocks with high dividend yields.
CenturyLink on the Street: Analyst Recommendations and Target Prices
Among the analysts tracking CenturyLink stock, 35% recommended a “buy,” while 47% recommend a “hold,” and 18% recommend a “sell.”
Inside CenturyLink’s Outlook for the Rest of 2017
The first quarter of 2017 was tough for US wireline telecom players like CenturyLink, which has 10.9 million voice lines and 5.9 million broadband subscribers.
Which Stocks Are the Top Dividend Yielders?
Since the elections, the S&P 500 (SPY) (SPX-INDEX) is up 15% driven by financials (XLF), technology (XLK) (SMH), industrials (XLI), and consumer discretionary (XLY).
Analysts’ Latest Recommendations for Frontier
Wall street’s take on Frontier Previously in this series, we looked at Frontier Communications’ (FTR) value proposition in the US telecom space, and compared it with that of CenturyLink (CTL), Windstream (WIN), Verizon (VZ), and AT&T (T). In this part, we’ll look at some market views on and metrics for Frontier. Wall Street analysts’ recommendations […]
Could Frontier Communications Report a Loss in 1Q17?
Frontier Communications (FTR) will report its results for 1Q17 on May 2, 2017. In this series, we’ll take a look at expectations for the company’s performance during the quarter.
Analyzing CenturyLink’s Outlook for 2017
Wall Street expects CenturyLink’s earnings to fall in 2017. Analysts expect CenturyLink to have EPS of $2.15 in 2017—compared to EPS of $2.45 in 2016.
What’s Happening with Frontier in the Broadband Space?
In 4Q16, Frontier’s (FTR) customer losses continued as it shed 91,000 broadband customers and 84,000 video subscribers.
Understanding Frontier Communications’ Video Strategy for Growth
Frontier (FTR) views video services as a future growth driver. It expects the Verizon (VZ) CTF transaction to boost its video service proposition.
A Look at Charter Communications’s Recent EBITDA Margin
Charter Communications (CHTR) posted adjusted EBITDA of $3.9 billion in 4Q16 compared to $3.4 billion in 4Q15.
A Look at Frontier’s EBITDA Margin
Frontier’s adjusted EBITDA was approximately $966.0 million in 4Q16, below the company’s $1.0 billion guidance.
Frontier Communications: Outlook for 2017
Frontier Communications (FTR) expects synergy realization to come from the integration of the wireline businesses of AT&T (T) and Verizon (VZ).
Frontier’s Burn Last Week: The Story behind the Story
US-based tech firm Frontier Communications (FTR) saw its stock drop 15.4% last week (ended March 24, 2017), after falling 10% on March 22 alone.
Why Did Yahoo! Lose about $300 Million in Its Verizon Deal?
Verizon (VZ) is close to a revised deal to buy Yahoo’s core Internet business for about $300 million less than the original price of $4.8 billion.
Verizon Is Evaluating the Implications of the Yahoo! Data Breach
On July 25, 2016, Verizon (VZ) agreed to acquire Yahoo! for $4.8 billion. However, in early August 2016, more than 200.0 million Yahoo! accounts were hacked.
Understanding Verizon’s Revenue Trend
Verizon’s 4Q16 consolidated revenues came in slightly above consensus, but the beat rode on low-margin equipment revenues.
What’s Happening with Frontier Communications in the Broadband Space?
Frontier Communications (FTR) noted that in 3Q16, its CTF broadband net additions rose ~25% sequentially.
Why Verizon Believes Its Wireline Margins Will Expand
Despite the setback from the strike, FiOS revenues for Verizon rose 3.7% YoY in 2Q16. To boost its FiOS business, Verizon acquired XO Communications earlier in 2016.