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Frontier: soon-to-be-acquired Verizon wireline assets see $1.45B revenue climb

2015-09-01 22:26:16| IT Services - Topix.net

Frontier Communications reported in a Securities and Exchange Commission 8-K filing that the wireline assets it is acquiring from Verizon in California, Texas and Florida performed well during the second quarter with revenues rising year-over-year to $1.45 billion. Likewise, adjusted EBITDA was $416 million, up 3.7 percent year-over-year from $401 million in the second quarter of in 2014, and adjusted EBITDA margin of 28.7 percent was up from 27.8 year-over-year and sequentially.

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