I usually read Frontier's conference call transcripts since they usually give a little bit of information that would be useful for us, past all of the financial talk. I figured I would gather all of the quotes that I thought were important and put them in a thread, so anyone who is curious of what they spoke about didn't have to dig through all of their financial talk to find it. The quotes are in order based on when they were said(except for the last one, I thought about throwing that one in last minute). Enjoy :) If you're looking for their actual financial summary, then this isn't the place lol.
"We have also continued to execute our broadband network upgrade program in both existing and new markets. This program will result in the expansion of 50 megabits or higher broadband capability to 2 million homes over the next year."
"Our expansion of video service to new portions of our existing service territory is moving along very well. We expect to have video availability to about a half a million additional households by the end of this year."
"As we upgrade different markets in the new territories, we expect to introduce our Vantage TV product. This means that many non-FiOS areas in the new markets will become Vantage TV enabled"
"The first phase of this upgrade will be accomplished over the coming quarters and will raise speeds in these upgraded areas from 7 megabits to 50 megabits to 100 megabits"
"In our current markets, we continue to invest in our network and in our management and provisioning platforms to expand higher speed products. We expect to upgrade approximately 1.5 million homes to higher speeds over the next year. The combination of our plans to upgrade both the current and new markets improves our speed profile to approximately 2 million households. Following completion, over 40% of our households will be capable of receiving speeds in excess of 50 megabits."
"And then, as we upgrade them as we said 500,000 homes to higher speeds, we hope to change the trajectory there and that would really be a big contributor to the new markets, net broadband positive going forward." (refering to CA, TX, FL)
"From a cutover perspective, we're essentially done. From an integration perspective, there's some lingering small things, but nothing that should (32:52) to creating kind of the noise that we saw when we first cutover. So, we felt pretty good about that. We will continue to do network integration, though, over the next really two years to three years"
Q: "And then second, are we through the wireless backhaul headwind at this point?"
A: "I think we are going to continue to see it really around our legacy footprint, probably about $3 million or so a quarter. We don't think we have that sort of headwind in the new markets, and so it's mainly in our existing footprint."
"We will probably open up three to five new markets during the course of this year, which should pass an incremental, approximately 500,000 households by the end of 2016" (referring to new video footprint)
"Furthermore, we are utilizing retention offers similar to Verizon's and we are managing the normal promotional expiration cycle well."
Reference:
http://seekingalpha.com/article/3994331-frontier-communications-ftr-daniel-j-mccarthy-q2-2016-results-earnings-call-transcript?page
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