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Symbol FYBR
Name Frontier Communications Parent, Inc.
Currency USD
Sector Communication Services
IndustryGroup Telecommunication Services
Industry Diversified Telecommunication Services
Market NASDAQ Global Select
Country United States
State CT
City Norwalk
Zipcode 6851
Website http://www.frontier.com
Verizon exceeded expectations by adding 239,000 net wireless subscribers in Q3, driven by flexible 5G plans and bundled streaming services. The company’s fixed wireless service also grew, reaching nearly 4.2 million customers ahead of schedule. However, total revenue fell slightly short of forecasts, impacted by reduced wireless equipment sales and a decline in net income due to severance charges.
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