FYBR News and Press, Frontier Communications Parent Inc. From 06/26/23

2023-06-26 12:40:03 ET President Biden has announced details of a $42B federal investment in expanding Internet access for Americans, kicking off a new leg of a tour promoting benefits of the 2021 bipartisan infrastructure law he signed. Those funds will be distributed to all 50 states,...

2023-06-25 10:00:18 ET Summary FYBR's valuation has become attractive after the stock declined due to the new CAPEX guidance. Ongoing demand for fiber and network expansion, increased data usage, and potential early completion of capital expenditure program could drive ARPU growth...

2023-06-07 14:32:03 ET Summary Frontier Communications Parent faces significant risks due to share dilution, negative cash flows, and a high net debt/EBITDA ratio. The company's valuation is considered too high, with an 80x forward price-to-earnings ratio and uncertain revenue gro...

2023-05-25 13:29:22 ET Dycom Industries ( NYSE: DY ) on Thursday was upgraded to Overweight from a previous investment rating of Equal Weight by analysts at Wells Fargo Securities. They said the building contractor for fiber-optic networks is poised to benefit from better contract p...

2023-05-24 01:15:44 ET Summary Management announced that CapEx could rise $200-$400 million above previous guidance on increasing costs for their fiber buildout. FYBR should see EBITDA begin to grow significantly in the second half of 2023 and into 2024. CapEx spending will re...

Highlights company’s purpose-driven transformation Frontier (NASDAQ: FYBR): TL;DR – The Byte-Size Download: Happening: Today, Frontier (NASDAQ: FYBR) released its 2022 environmental, social and governance (ESG) report highlighting how the company is putti...

Frontier Communications Parent, Inc. (NASDAQ: FYBR): What’s happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Chief Executive Officer Nick Jeffery is scheduled to present at the J.P. Morgan Global Technology, Media an...

Frontier Communications Parent, Inc. (NASDAQ: FYBR): What’s happening? Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier”) today announced that Chief Financial Officer Scott Beasley is scheduled to present at the MoffettNathanson Technology, Media, an...

Delivered year-over-year EBITDA growth for the first time in more than five years Added record number of fiber broadband customers as the un-cable provider Raised cost savings target by $100 million one year ahead of plan Frontier Communications Parent, Inc. (NASDAQ: FYBR) (...

2023-05-04 01:45:00 ET Summary As more general entertainment viewing migrates to streaming and on-demand platforms, live news has emerged as a dominant genre on linear cable networks. CNN, FOX News Channel, and MSNBC are all fully penetrated across pay-tv operators in the U.S. whi...