|Bid||8.28 x 100|
|Ask||8.68 x 200|
|Day's Range||8.23 - 8.57|
|52 Week Range||6.08 - 29.85|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Frontier Communications Corporation (NASDAQ:FTR) is a small-cap stock with a market capitalization of US$635.16M. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...
Frontier Communications Corp. is getting pushback from creditors on a potential strategy for tackling nearly $18 billion in debt and coping with cord-cutting consumers.
Frontier Communications (FTR) had a working capital deficit of $1.2 billion as of December 31, 2017, compared to a working capital deficit of $788 million in 2016. The rising working capital deficit is due to increasing debt levels over many years. At the end of 2017, Frontier’s long-term debt obligations reached $17.9 billion, and the interest cost burden was $11.1 billion.
The telecom is reportedly trying to sell off some of those expensive and disappointing markets it bought from Verizon and AT&T in recent years.
Labor negotiations raise optimism about Frontier Communications' (FTR) prospects. The company can now better serve its customers with expanded broadband connections.
For 2018 and beyond, Frontier’s (FTR) management expects that there will be advancements in customer and revenue trends as well as continued focus on cost containment and synergy realization. Analysts expect Frontier to post an earnings per share (or EPS) loss of $2.49 in 2018 as compared to an EPS loss of $3.79 in 2017.
CHARLESTON, W.Va. (AP) — A West Virginia judge has granted a telecommunications company a temporary restraining order against its protesting employees.
Telecommunications company Frontier (FTR) is continuously investing in capital expenditures (or capex) to improve its network. In 4Q17, Frontier spent approximately $0.31 billion on capital expenditures, up from $0.30 billion in 4Q16. The telecom company has been spending a great deal to improve its network potential, extend Internet access availability, and make speed upgrades.
Telecommunications company Frontier (FTR) believes that video service will act as a growth driver in the near future and that it is still profitable for the telecom company in the linear bundle. The carrier expects that its procurement of Verizon’s (VZ) California, Texas, and Florida (or CTF) wireline business would improve its video service proposition. Furthermore, the company had acquired AT&T’s (T) Connecticut wireline market in October 2014, thereby adding more video customers.