FTR - Frontier Communications: Dismal Performance Could Continue

Frontier Communications (FTR) has seen one of the worst broadband subscriber base erosions of late, but its streak of underperformance may not be over yet.

Consumer complaints forums are rife with disgruntled subscribers and Frontier is yet to take necessary steps to alleviate their distress. To make matters worse, the company's potential restructuring might result in the slashing of its capital expenditure budget and it can bring along a further deterioration in its service quality. So, from how things stand, Frontier’s subscriber base and its stock price could seemingly shrink further in 2020.

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