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How Has Frontier Communications Been Using Its Capex?

How Has Frontier Communications Been Using Its Capex?

Frontier Communications (FTR) is continuously investing in capex to improve its network. In the first quarter, Frontier spent ~$0.3 billion on capex, with more than 70% of its capital spending focused on growth initiatives. Frontier’s management noted that the company is on track with its CAF II (Connect America Fund) network deployment.