Frontier Communications Parent, Inc. ( (FYBR) ) has released its Q1 earnings. Here is a breakdown of the information Frontier Communications Parent, Inc. presented to its investors.
Frontier Communications Parent, Inc. is a leading telecommunications company in the United States, specializing in providing fiber broadband services to consumers and businesses, with a focus on expanding its fiber network across the country.
In the first quarter of 2025, Frontier Communications reported record growth in revenue and Adjusted EBITDA, driven by its fiber-first strategy. The company achieved significant milestones, including surpassing 8 million fiber passings and experiencing a 24% year-over-year increase in fiber broadband revenue.
Key financial highlights for the quarter include a 3.4% increase in total revenue to $1.51 billion, with fiber broadband customer growth of 19.3% year-over-year. The company’s Adjusted EBITDA rose by 6.6% to $583 million, supported by revenue growth and reduced content expenses, despite higher customer acquisition costs. Frontier’s fiber network expansion continues to be a major driver of its financial performance.
Looking ahead, Frontier Communications remains focused on its fiber network expansion, aiming to reach 10 million fiber passings. The company is also preparing for its planned merger with Verizon, expected to close by the first quarter of 2026, pending regulatory approvals. Frontier’s management is optimistic about the future, as it continues to build a robust fiber network to support the digital economy.