Summary
Frontier's subscriber losses and adjusted EBITDA declines continue to pile up.
Until the company starts showing robust signs of operational or financial growth, the downward spiral in its shares may continue.
Its management needs to start delivering on their guidance. Until then, Frontier would remain a trading stock without any material catalysts for growth, value or contrarian investing.
We still don’t know when Frontier Communications’ (FTR) churn rate will materially improve and when the company will rebound to growth. Also, in spite of unlocking cost synergies, the company's adjusted EBITDA continues to be on a seemingly terminal decline. While these issues may not seem like much, they actually make Frontier Communications uninvestable.
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