Are Frontier’s Cost-Cutting Initiatives Reaping Rewards?

Frontier Communications (FTR) has been focusing on cost savings in order to boost its adjusted EBITDA. The company is targeting a $500 million run-rate EBITDA benefit by the end of 2020 in its next phase of transformation initiatives. Frontier is undertaking revenue enhancement initiatives to boost consumer and commercial revenues, which should benefit its EBITDA by $150 million–$200 million.