Frontier Reports Third-Quarter 2024 Results
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Frontier Communications reported its third-quarter 2024 results, highlighting significant growth in its fiber broadband segment. The company added 381,000 fiber passings, reaching 7.6 million total locations, and gained 108,000 fiber broadband customers, marking a 19.3% year-over-year growth. Revenue increased by 3.7% to $1.49 billion.
November 05, 2024 | 9:45 pm
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Frontier Communications reported strong third-quarter 2024 results with significant growth in its fiber broadband segment. The company added 381,000 fiber passings and 108,000 fiber broadband customers, leading to a 19.3% year-over-year growth. Revenue increased by 3.7% to $1.49 billion.
The reported results show strong growth in Frontier's fiber broadband segment, which is a key area for the company. The increase in fiber passings and customers, along with revenue growth, is likely to positively impact the stock price in the short term.
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