Advertisement

Windstream releases fourth-quarter earnings following bankruptcy filings

Windstream releases fourth-quarter earnings following bankruptcy filings

March 15, 2019 05:46 PM

ROCHESTER, N.Y. (WHEC) -- After filing for bankruptcy, News10NBC is getting a look at how Windstream did in 2018.

Windstream added 6,000 new subscribers in the fourth quarter with14,000 new broadband customers for the year, which is a significant improvement from a loss of 45,000 customers in 2017. 

Advertisement – Content Continues Below

"Overall, we had a strong, transformational year in 2018. We continue to benefit from investments in our network infrastructure that enable us to deliver faster internet speeds to more customers. We have delivered 12 consecutive months of broadband subscriber growth through February of this year, and we expect that growth to continue throughout the year," said Tony Thomas, president and chief executive officer of Windstream.

The tech company filed for Chapter 11 bankruptcy protection last month.

The CEO says he's confident they will emerge from the financial restructuring process as a stronger company.

Windstream employs about 700 people in Monroe County. 

Click here for the full report.

WHECTV

Copyright 2019 - WHEC-TV, LLC A Hubbard Broadcasting Company

Advertisement
Advertisement
Relay Media Amp

We no longer have Facebook comments on this site. Please visit our Facebook Page to join the conversation.

Advertisement