Has Frontier Communications Turned The Corner?

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About: Frontier Communications Corporation (FTR), Includes: T
by: David Klein
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David Klein
Value, growth at reasonable price, dividend investing, equity research

The key for Frontier Communications (NASDAQ:FTR) turning the corner is to show improvements in revenue trends which ripple through the financials affecting free cash flow and by default the safety of the dividend. Let's face it, investors in Frontier are not investing for growth but the high yield. Frontier recently released fourth quarter and full year results and announced the acquisition of AT&T's (NYSE:T) Connecticut assets in December. So what might the future hold based on these events?

This article examines:

  • Revenue trends based on results and guidance used to project financials, more importantly free cash flow on a standalone basis.
  • Overlaying projections and guidance for AT&T's Connecticut assets to the financials on a standalone basis