Is Frontier Communications Still On Schedule For A Turnaround?

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About: Frontier Communications Corporation (FTR)
by: Bill Zettler
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Bill Zettler
Long only, Deep Value, contrarian
Summary

The second-quarter results continue to show negative sales trends.

Data and Internet sales are stabilizing.

39,000 commercial buildings and 10 million customers are ready for fiber services.

Frontier Communications (FTR) reported second-quarter earnings on July 9. While revenue continued to drop QoQ and YoY a closer analysis shows most of the lost sales were in Voice Services (landlines mostly) and