Frontier Communications Corporation (FTR) CEO Dan McCarthy on Q2 2019 Results - Earnings Call Transcript

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Frontier Communications Corporation (FTR) Q2 2019 Results Earnings Conference Call August 6, 2019 4:30 PM ET

Company Participants

Luke Szymczak - VP, IR

Dan McCarthy - President and CEO

Sheldon Bruha - SVP and Interim CFO

Conference Call Participants

Operator

Good day, ladies and gentlemen. And welcome to the Frontier Communications Second Quarter 2019 Earnings Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions]

It is now pleasure to introduce Vice President of Investor Relations, Luke Szymczak.

Luke Szymczak

Thank you, operator. Good afternoon, and welcome to the Frontier Communications second quarter earnings call. My name is Luke Szymczak, Vice President of Investor Relations. With me today are Dan McCarthy, President and CEO; and Sheldon Bruha, Senior Vice President and CFO.

The press release, earnings presentation and supplemental financials are available in the Investor Relations section of our website, frontier.com/ir. During this call, we will be making certain forward-looking statements. Forward-looking statements, by their nature, address matters that are uncertain and involve risks, which could cause actual results to be materially different from those expressed in such forward-looking statements. Please review the cautionary language regarding forward-looking statements found in our earnings press release and other SEC filings.

On this call, we will discuss certain non-GAAP financial measures. Please refer to our earnings press release for how management defines these measures, certain shortcomings associated with these measures and reconciliations to the closest GAAP measures.

I will now turn the call over to Dan.

Dan McCarthy

Thank you, Luke. Good afternoon, and thank you for joining us.

Please turn to Slide 3. Although we made some progress in the second quarter the pace of improvement is not rapid enough and we fell short of several important objectives. At a high level, we have been challenged by ongoing revenue declines, content cost

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