Windstream Reports Losses for Q4, Full 2016
Windstream reported $5.38 billion in revenue and a $383.5 million loss for 2016, compared to $5.76 billion in revenue and a $27.4 million profit for 2015.
Windstream reported $5.38 billion in revenue and a $383.5 million loss for 2016, compared to $5.76 billion in revenue and a $27.4 million profit for 2015.
Service revenue was $1.32 billion in the third quarter, down from $1.45 billion for the year-ago quarter.
Business and residential customers in California, Florida and Texas filed more than 1,100 complaints against Frontier after the switch.
Enterprise service revenue was $491 million, an increase of 3 percent year-over-year.
The survey is based on responses from 1,037 IT professionals in the United States and United Kingdom.
Business services were among those down last quarter, but the losses are slowly receding.
Will this new legislation make thieves think twice before swiping that iPhone with your company’s information on it?
The Bellevue, Wash.-based mobile operator said on Thursday that it added a whopping 1.3 million new customers in Q1, which was about 300,000 more than Wall Street analysts had been predicting.
The business-services segment grew. Strategic revenue was $640 million, up 6.3 percent from the year-ago quarter, driven by high-bandwidth offerings such as MPLS and Ethernet.
Shares of Level 3 were down late this morning 13.53 percent, trading at $17.66 on the New York Stock Exchange.
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