New Street Research - FRONTIER COMMUNICATIONS PARENT INC (FYBR) FYBR 2Q24 Quick Take: Broadband adds beat; EBITDA in-line; guidance raised

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New Street Research

Jonathan Chaplin

EUR 8483.00 For Business Accounts Only

FYBR 2Q24 Quick Take: Broadband adds beat; EBITDA in-line; guidance raised

Broadband adds eat handily. EBITDA was in-line with our estimate, but a little higher than Consensus. The low end of EBITDA guidance was raised. This note includes tables comparing results vs. estimates and our trending charts. We also provide quick thoughts on the following themes:
1. Broadband market growth
2. Fiber deployment
3. Fiber penetration
4. ARPU growth
5. Business & Wholesale
6. EBITDA
7. Capex & FCF
8. Strategic review / JV

02/08/2024 1 EN

Underlying

FRONTIER COMMUNICATIONS PARENT INC

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US35909D1090

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

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Pan European Telecom Services and Cable

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Analysts

Jonathan Chaplin

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FYBR 2Q24 Quick Take: Broadband adds beat; EBITDA in-line; guidance raised

Mobile and broadband pair trades to consider this summer

VZ/FYBR Faces California Trump Transaction Trap

What Does VZ/FYBR Tell Us About Convergence Deal Reviews?

Global EM Telcos & Towers Another decent month: NSR GEM Top-10 July ‘25 Update

Thai Telcos Auction concludes, no major surprises

VIPS 2Q25 Preview: Lowering 2Q Topline Estimates

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