Windstream ups revenues, subs in Q1
Windstream reported Q1 revenues of $812 million, up 4 percent from a year ago; net income was $124 million, up 24 percent from the first quarter of 2007.
Windstream added almost 40,000 broadband customers during the quarter, bringing its total broadband customer base to approximately 911,000 – an increase of 22 percent year-over-year.
The company also added approximately 15,000 digital TV customers, bringing its total customer base to more than 210,000.
Total access lines declined by approximately 42,000. Total lines at the end of the quarter were 3.16 million, a decline of 4.9 percent year-over-year.
“We recently doubled broadband download speeds to offer 3-Mbps service to virtually all of our broadband customers, and up to 12-Mbps service in certain areas,” said Jeff Gardner, president and CEO of Windstream. “This upgrade increases our competitiveness and provides a platform to sell faster speeds and additional products and services, which is an important part of our strategy to transform this business to a broadband-centric model.”
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