In our last article we said Frontier Communications’ (FTR) major challenge is to stop the continuous bleed in revenue. Frontier Communications released their 2013 first quarter results on May 6. Based on the revenue challenge ahead of them this article will limit the discussion to the following:
- Revenue trend
- Effects on FCF estimates
We’ll start with the trends projected from our last article through the period ending December 2012 then compare this to recent results. The graph measures management’s efforts to bend the curve upward.
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