Advertisement
New Zealand markets close in 1 hour 57 minutes
  • NZX 50

    11,876.94
    +73.66 (+0.62%)
     
  • NZD/USD

    0.5947
    +0.0012 (+0.21%)
     
  • NZD/EUR

    0.5548
    +0.0007 (+0.13%)
     
  • ALL ORDS

    7,957.40
    +19.50 (+0.25%)
     
  • ASX 200

    7,703.30
    +19.80 (+0.26%)
     
  • OIL

    83.37
    +0.01 (+0.01%)
     
  • GOLD

    2,333.90
    -8.20 (-0.35%)
     
  • NASDAQ

    17,471.47
    +260.59 (+1.51%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • Dow Jones

    38,503.69
    +263.71 (+0.69%)
     
  • DAX

    18,137.65
    +276.85 (+1.55%)
     
  • Hang Seng

    17,129.34
    +300.41 (+1.79%)
     
  • NIKKEI 225

    38,329.39
    +777.23 (+2.07%)
     
  • NZD/JPY

    91.9680
    +0.2020 (+0.22%)
     

Understanding Frontier Communications’ Cost-Saving Measures

Understanding Frontier Communications’ Cost-Saving Measures

Frontier Communications (FTR) has been focusing on cost savings in order to boost its adjusted EBITDA. In the second quarter, Frontier completed its program to achieve annualized cost synergies of ~$350.0 million, which was in line with its target.