Frontier loses 10,300 video customers in Q1

Frontier Communications reported the loss of 10,300 video customers in the first quarter, including 6,700 satellite video customers. This loss was wider than the fourth quarter net reduction of 5,800 video customers, including a reduction of 5,400 satellite video customers. Frontier ended the quarter with a total of 543,400 video customers.

Frontier's broadband services, meanwhile, added 24,600 new subscribers. However, this was down sequentially from the 28,500 net additions in the fourth quarter of 2015.

"We will continue to be focused on increasing our broadband opportunities both in FiOS and copper markets," Frontier CEO Dan McCarthy told investors. "We're building out increased speed capabilities across our network using both our own funds as well as CAF II funds in rural areas."

FierceTelecom, which covered Frontier's earnings report Tuesday, has a full write-up here.