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Frontier Communications Corporation

Revenues for the fourth quarter were $2,409 million, compared to $2,524 million in the third quarter. Approximately $45 million of the sequential decline in revenue was related to resolution of CTF accounts that were determined to be non-paying following an intensified effort to address overdue accounts. Frontier began the normal process of addressing overdue accounts in the CTF markets in July 2016, following completion of the cutover. Frontier anticipates that the impact of this resolution pro … (See Research Report)
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