Frontier Communications (NASDAQ:FYBR) added 75,000 fiber broadband customers in the fourth quarter of 2022, marking the largest quarterly increase to date.
Fiber broadband customer additions outpaced copper broadband customer losses for the fifth consecutive quarter, resulting in 8,000 total broadband customer net additions in the fourth quarter. The communications provider ended 2022 with 17% more fiber broadband customers than it had at the end of 2021.
CFO Scott Beasley said: "We continue to outpace our cable competitors, gaining share in nearly every geography we operate in. Our new position as the ‘un-cable’ provider is taking hold. We are bringing customers a superior product and it is paying off in record broadband customer growth."