SubscribeFor your convenience, I have compiled a package of media on the 1st Quarter Results for Frontier Communications, including audio from this morning’s investor conference call, and copies of the reports for your review. You must remain on this page to stream audio clips.
A cue sheet is referenced below for the different audio actualities. The complete conference call is available for download as an MP3 file.
Frontier Communications reported its 1st quarter 2009 results this morning, demonstrating a growing proportion of its overall business is coming from data products and services. Frontier is an independent telephone company serving rural and suburban communities across the United States, with its largest market being Rochester, New York.
CEO Maggie Wilderotter put a positive spin on an otherwise lackluster report, showing the company’s revenue had declined when compared with last year’s same quarter results.
“I am very pleased with Frontier Communication’s 2009 first quarter results bolstered by our “Rolling Thunder” promotional campaign,” said Maggie Wilderotter, Frontier Communications Chairman and CEO.
“Frontier surpassed 600,000 High-Speed Internet customers and as of today has surpassed 150,000 DISH Network video customers. Our first quarter High-Speed growth was the best since the first quarter of 2008 and our first quarter DISH video growth was equal to all video subscribers added during the entire year of 2008. We took market share from our cable competition and we improved our customer churn. Access line losses improved for the third consecutive quarter, Wilderotter reported.”
It looks like StoptheCap! gets to wrap up North Carolina Week today after four days of intense lobbying and fighting back against telecom lobbies and the clueless legislators duped into doing their bidding (or financially rewarded with a nice campaign contribution.)
We’ve learned several lessons from this battle, which we managed to win on both fronts, thanks to the help of everyone who got involved:
Gov. Jim Hunt
INFORMATION HIGHWAYS ANNOUNCEMENT
Governor Jim Hunt
May 10, 1993
Today North Carolina takes a giant step forward into our future.
This Fall, North Carolina will link up the most advanced telecommunications network of its kind in the world — a network that will ensure that the state will be a leader in the 21st century.
The network will reach into every corner of our great state. It will connect our cities with our towns, our schoolhouses and our courthouses, our hospitals and clinics — our people all across the state.
Early in this century, North Carolina came to be known as the “Good Roads State.” We discovered a new technology — and started paving roads. Those roads began moving people and products in ways never before possible.
Today we reach out for a new technology — a new kind of highway. The North Carolina Information Highway.
I was unable to attend this morning’s meeting of the Senate Commerce Committee, but just received a text message from Senator Don Vaughn, who represents me, indicating they sent SB 1004 to the “study committee.”
It has been a wild ride the last two days. There was an estimated 150 people in the House Committee meeting yesterday. Everyone from ordinary consumers like us, mayors of cities interested in our fight, to the pro-business/cable “Americans for Prosperity” who showed up wearing anti-communism buttons.
The "Massive News" theme by: Press75.com
