Frontier Communications Parent, Inc. (FYBR): Business Model Canvas [Dec-2025 Updated]

You're looking at Frontier Communications Parent, Inc. at a critical juncture, right before the Verizon acquisition finalizes, and you need the hard numbers on their transformation. Honestly, the story here is a massive, capital-intensive pivot: they spent $819 million on fiber buildout in Q3 2025 to push symmetrical multi-gig service, aiming to justify that high CapEx with a consumer fiber ARPU of $68.59. To see how this aggressive fiber deployment, supported by $1.87 billion in liquidity and key government partnerships, is structured across all nine business model components, dive into the canvas breakdown right here.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Key Partnerships

You're looking at the ecosystem Frontier Communications Parent, Inc. (FYBR) relies on to execute its 'Building Gigabit America' strategy, especially with the Verizon acquisition pending. These relationships are critical for capital deployment, service delivery, and customer acquisition as of late 2025.

Verizon Communications Inc. for Pending Acquisition by Q1 2026

The most significant partnership is the pending acquisition by Verizon Communications Inc. (VZ). Frontier stockholders approved this all-cash transaction on November 13, 2024, with terms set at $38.50 per share in cash, representing a premium of 37% to the unaffected share price on September 3, 2024. The total transaction value is $20 billion. While the Federal Communications Commission (FCC) approved the purchase in May 2025, the closing is contingent on state-level approvals, notably from the California Public Utilities Commission (CPUC), which delayed its decision until Q1 2026. Verizon and Frontier are pushing for California approval by December 2025 to meet the non-extendable closing date of February 13, 2026.

This pending merger is a massive validation of the fiber business Frontier built, which, as of 3Q25, served nearly 2.8 million fiber customers, up more than 20 percent year-over-year.

Government Entities for Federal Broadband Grants (e.g., BEAD)

Frontier Communications Parent, Inc. actively partners with government entities to de-risk and accelerate its fiber buildout, particularly through federal programs. The Broadband Equity, Access, and Deployment (BEAD) Program is a $42.45 billion federal initiative, though recent June 2025 NTIA policy changes adopted a technology-neutral approach, resetting the funding criteria to prioritize cost-per-location.

Frontier's success in securing prior funding demonstrates this capability. For instance, in Branch County, Michigan, Frontier is using a BEAD grant alongside other funds to expand coverage. This local effort includes leveraging a $22.3 million federal Realizing Opportunity with Broadband Infrastructure Networks (ROBIN) grant, supplemented by a $1 million contribution from Branch County's American Rescue Plan Act (ARPA) funds. Frontier's goal in that specific county is to serve 4,690 locations, backed by an additional $14.5 million company investment.

Here's a look at the scale of capital investment related to the build:

Equipment Vendors for Fiber Optic Deployment and Network Gear

The aggressive fiber deployment-reaching 8.8 million total locations passed with fiber by 3Q25-requires a robust supply chain. Frontier Communications Parent, Inc. emphasizes maintaining a diverse pool of suppliers to mitigate risks like global chipset shortages, a strategy noted as crucial even in 2022. While specific vendor names aren't public, the financial commitment to this partnership category is evident in the capital expenditure figures.

• The company works closely with suppliers to keep costs in check, with an estimated per-location cost to deliver fiber between $900 to $1,000 as of 2022.
• Vendor financing payments, a mechanism to manage upfront costs with equipment providers, totaled $16 million in Q1 2025.
• The overall fiber build is the primary driver of CapEx, which hit $819 million in 3Q25 alone.

Content Providers like YouTube TV for Bundled Service Offerings

To position itself as the 'un-cable provider,' Frontier Communications Parent, Inc. heavily partners with virtual multichannel video programming distributors (vMVPDs), with YouTube TV being the primary focus. This partnership allows for integrated billing, simplifying the customer experience.

The value proposition is concrete for new subscribers:

• New fiber subscribers can get $10 a month off of YouTube TV for the first 12 months.
• In Q1 2025, more than half of new fiber subscribers opted for value-added services, including YouTube TV.
• This strategy is working to offset declines in legacy video revenue, which was a factor in the 4.1% year-over-year revenue increase in 3Q25, where fiber revenue grew 25% year-over-year for consumers.
• Adjusted EBITDA growth of 16% in 3Q25 was partly attributed to lower content expense.

AT&T for 4G/5G Backhaul Utilizing Frontier's Fiber Infrastructure

Frontier Communications Parent, Inc. monetizes its fiber build through wholesale arrangements, notably with AT&T. This agreement enables AT&T to use Frontier's fiber infrastructure for 4G/5G backhaul in areas where AT&T lacks its own fiber, covering parts of 25 states. This is a key part of Frontier's wholesale opportunity, leveraging its network build to serve wireless operators.

Key details of this wholesale relationship include:

• AT&T is the first tenant to rent space in Frontier's local central office facilities.
• The arrangement supports AT&T's 5G deployment by providing fiber-to-the-tower (FTTT) connectivity.
• This deal builds upon an existing 2021 agreement that also covered business customers nationwide.

The Business and Wholesale segment revenue in 3Q25 was $707 million, showing a 3.7% year-over-year increase.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Key Activities

You're deep into analyzing Frontier Communications Parent, Inc. (FYBR) right now, focusing on what they actually do to drive value. It's all about the fiber build, the sales engine, and managing the massive transition tied to the Verizon deal. Here's the breakdown of their core Key Activities as of late 2025, grounded in their latest reported numbers.

Aggressive fiber-to-the-home (FTTH) network buildout

The primary activity is the relentless expansion of the fiber footprint. Frontier Communications Parent, Inc. is executing a massive capital deployment to convert its legacy footprint. Through the third quarter of 2025 (3Q25), the company added 326,000 fiber passings in that single quarter. This brought the total locations passed with fiber to 8.8 million as of September 30, 2025. To put the pace in perspective, they added 321,000 passings in the first quarter (Q1 2025) to reach 8.1 million. This buildout requires significant investment; cash capital expenditures through the first nine months of 2025 hit $2.4 billion, up from $2.0 billion through the same period in 2024. Honestly, the pace is what matters most here, and they are running hard to hit that 10 million location goal, which they are now tracking toward by the end of 2026, though the initial goal was 2025. The cost of this activity is estimated to run around $900-1,000 per passing based on earlier guidance.

Customer acquisition and retention, especially for fiber

Building the network is only half the battle; you have to sell the service. Frontier Communications Parent, Inc. saw record customer additions in 3Q25, adding 133,000 fiber broadband customers. This resulted in a year-over-year fiber broadband customer growth rate of 20.2% in that quarter. By the end of 3Q25, they served nearly 2.8 million total fiber customers. The sales focus is clearly on higher-tier products, as the Consumer Fiber Broadband Average Revenue Per Unit (ARPU) reached $68.59 in 3Q25, a 4.9% increase year-over-year. Retention efforts are also key, with consumer fiber broadband churn reported at 1.20% in Q1 2025. They use a multi-channel marketing approach, having spent approximately $200 million on marketing in 2024 to fuel acquisition.

Here are the recent customer and revenue metrics:

Operating and maintaining the extensive fiber and legacy copper networks

This activity involves running the day-to-day business while managing the transition away from older technology. The fiber-first strategy is driving profitability, with Adjusted EBITDA soaring to $637 million in 3Q25, a 16% increase year-over-year. The Adjusted EBITDA margin hit 41.1% in the same period. However, the legacy copper network continues to be a drag; revenue growth of 4.1% to $1.55 billion in 3Q25 was partly offset by declines in copper-based products. In Q1 2025, Adjusted Operating Expenses were reported at $928 million. The company is actively managing costs, noting lower content expense as a driver for margin expansion alongside revenue growth.

Developing and deploying multi-gigabit fiber technology (e.g., 5 Gig)

Frontier Communications Parent, Inc. is focused on offering speeds that cable simply can't match. In Q1 2025, they noted that the "vast majority" of new fiber subscribers were opting for multi-gigabit speeds. This activity builds on earlier commitments, such as the plan to launch symmetrical 2 Gbps service back in Q1 2022. Furthermore, the underlying network equipment deployed since 2019 is designed to support future upgrades, with the company stating its capability to upgrade to 25-gig PON and 50-gig PON technologies simply through an optics change. They also mentioned advanced planning for a 5 to 10 gigabit per second ultra-high speed offering.

• Symmetrical 2 Gbps service rollout started in Q1 2022.
• Advanced planning for 5 to 10 Gbps offering.
• Network capable of 25-gig PON and 50-gig PON upgrades.
• More than 50% of new Q1 2025 subscribers took add-ons like Unbreakable Wi-Fi at $25 per month.

Managing the regulatory process for the Verizon merger

A critical, time-bound activity is securing the final regulatory approvals for the acquisition by Verizon Communications. The deal is valued at $20 billion. The FCC has already approved the deal, contingent on Verizon eliminating its diversity, equity, and inclusion (DEI) initiatives. The expected closing date is targeted for Q1 2026. However, final state-level approvals are still pending; as of November 2025, Frontier and Verizon were making a final push for California regulators (CPUC) approval by December 2025 to meet the non-extendable closing deadline of February 13, 2026. As part of the deal, Verizon committed to deploying fiber to at least one million additional homes annually post-close. Financially, Frontier is managing its balance sheet for this transition, reporting total liquidity of approximately $1.87 billion and a net leverage ratio of approximately 4.8x as of September 30, 2025. Finance: draft 13-week cash view by Friday.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Key Resources

You're looking at the core assets Frontier Communications Parent, Inc. (FYBR) is leaning on right now, heading into 2026. These are the tangible and intangible things that make the business run and execute its fiber-first strategy.

The physical infrastructure is massive. Frontier Communications Parent, Inc. (FYBR) has an extensive fiber network that, as of the third quarter of 2025, passed 8.8 million total locations. That's the direct result of adding 326,000 fiber passings in that quarter alone.

Financially, the balance sheet shows significant ready capital. As of September 30, 2025, Frontier Communications Parent, Inc. (FYBR) reported total liquidity of approximately $1.87 billion. Here's how that liquidity breaks down:

The intangible asset base centers on the intellectual property and expertise in fiber optic technology. This is evidenced by the operational success metrics achieved through the fiber-first strategy, which delivered Adjusted EBITDA growth of 16% year-over-year in Q3 2025.

Your existing customer base and the remaining legacy copper network footprint are also key. The shift is clear in the subscriber numbers. Frontier Communications Parent, Inc. (FYBR) added a record 133,000 fiber broadband customers in Q3 2025, driving fiber broadband customer growth of 20.2% year-over-year. The consumer segment's average revenue per user (ARPU) for fiber broadband was $68.59 in the quarter.

The ability to execute the buildout relies on the skilled workforce. While the exact headcount isn't a stated resource number here, the output shows their capability. Cash capital expenditures for the third quarter of 2025 were $819 million, supporting the ongoing expansion. The company generated net cash from operations of $504 million in the same period.

Key operational metrics supporting these resources include:

• Fiber broadband revenue growth: 25% year-over-year (Q3 2025).
• Consumer fiber broadband customer net additions: 125,000 (Q3 2025).
• Business and Wholesale fiber broadband customer net additions: 8,000 (Q3 2025).
• Net leverage ratio (as of September 30, 2025): Approximately 4.8x.

Finance: draft 13-week cash view by Friday.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose Frontier Communications Parent, Inc. (FYBR) over the competition, especially as they push hard on their fiber strategy ahead of the Verizon combination. The value propositions are centered on superior technology and straightforward offers.

Symmetrical, high-speed 100% fiber-optic internet service

The primary value is pure fiber performance. Frontier Communications Parent, Inc. is positioning itself as the largest pure-play fiber provider in the U.S. as of late 2025. This network expansion is aggressive; as of the third quarter of 2025, the company had passed 8.8 million total locations with fiber. In that same quarter, they added 326,000 new fiber passings, showing the build machine is running. This infrastructure translates directly to customer gains, with Consumer fiber broadband customers growing 20.2% year-over-year in Q3 2025.

The shift from older technology is stark when you look at churn. For the three months ending September 30, 2025, the average monthly consumer fiber broadband churn rate was 1.41%. Compare that to the consumer copper broadband churn rate for the same period, which stood at 2.57%. Customers are clearly preferring the fiber offering for reliability, which is why Frontier lost approximately 131,000 consumer copper broadband customers over the first nine months of 2025.

Multi-gigabit speed tiers up to 5 Gig with low latency

Frontier Communications Parent, Inc. is delivering speeds that go well beyond standard offerings. The top-tier symmetrical offering is the Fiber 5 Gig service, which provides a maximum wired speed of 5000/5000 Mbps (download/upload). The company noted that the "vast majority" of new fiber subscribers were opting for multi-gigabit speeds as of Q1 2025. This high-speed adoption is reflected in the Consumer fiber broadband Average Revenue Per User (ARPU) increasing 4.9% year-over-year to $68.59 in Q3 2025.

Here's a look at the pricing structure for the top-end fiber options as of late 2025:

Transparent pricing with no data caps or annual commitments

While the premium fiber tiers generally require a commitment, the underlying service philosophy emphasizes no usage restrictions. Frontier Communications Parent, Inc. DSL service is explicitly advertised as having no data caps or overage charges. For the fiber plans, the commitment is typically a 1-year agreement, with an associated Early Termination Fee (ETF) of up to $100, which is prorated. For instance, the Fiber 5 Gig plan has a $100 prorated early termination fee if canceled within months 1-12. Pricing is often guaranteed for a set period, such as 12 months on certain offers.

Improved reliability and reduced churn versus legacy copper

The move to fiber directly addresses reliability, as evidenced by the churn differential. The consumer fiber broadband churn rate of 1.41% in Q3 2025 is significantly lower than the copper churn rate of 2.57% for the same period. This improved stickiness is a key value driver. Furthermore, the company is actively migrating customers, as the net gain in consumer broadband customers in Q3 2025 was driven by fiber additions, which offset losses in copper broadband, voice, and video. The consumer fiber broadband ARPU growth of 4.9% in Q3 2025 is partly attributed to customers rolling off promotional pricing and shifts to higher speeds, suggesting customers see enough value to absorb price increases.

Bundled services including voice and video options

Although the focus is clearly on broadband, Frontier Communications Parent, Inc. still derives revenue from legacy and bundled services. In Q3 2025, the revenue breakdown showed that Voice contributed $272 million and Video contributed $63 million to the total revenue of $1.55 billion. Consumer fiber revenue growth of 16.9% year-over-year was partly offset by declines in video revenue within that segment. You can still find bundle offers, such as an Internet and Home Phone deal starting at $74.99 per month for the entry-level Fiber 200 package plus a landline.

The current revenue contribution from these supplementary services looks like this:

• Voice Revenue (Q3 2025): $272 million
• Video Revenue (Q3 2025): $63 million
• Consumer Fiber Broadband Revenue (Q3 2025): $521 million

Finance: draft 13-week cash view by Friday.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Customer Relationships

You're looking at how Frontier Communications Parent, Inc. (FYBR) manages the people who pay for its fiber services, which is the core of its current strategy, Building Gigabit America. The relationship focus is clearly segmented, balancing digital efficiency for consumers with high-touch service for business clients.

The focus on retaining the new fiber base is paramount, especially given the heavy capital investment in the network build. Frontier Communications Parent, Inc. specifically highlighted success in this area for its consumer fiber base. The Q1 2025 rate of consumer fiber churn was 1.20%, an improvement from 1.24% in Q1 2024. This shows a tangible result from efforts to earn customer loyalty. To give you a snapshot of the customer base health around that time, here are some key metrics:

Dedicated customer service for technical support and sales is integrated into the fiber-first strategy, which also includes operational efficiency to better serve customers. While specific staffing numbers aren't public, the company's purpose drives strategy to improve customer service. The goal is to ensure that as the network scales-reaching 8.8 million total fiber passings by Q3 2025-the support scales with it.

For the mass market, digital self-service tools for account management are key to handling the high volume of new fiber customers efficiently. The company noted that the vast majority of new fiber subscribers are taking multi-gigabit speeds, which likely drives a need for robust, easily accessible digital support channels for setup and troubleshooting. This approach helps keep operational costs in check while supporting the growth in fiber revenue, which reached $956 million in Q3 2025, making up 62% of total revenue.

Personalized experiences and loyalty programs are implied by the focus on ARPU growth-Consumer fiber broadband ARPU increased 4.9% year-over-year in Q2 2025-suggesting successful upselling or migration to higher-tier plans. The company is also making specific geographic commitments, such as its goal to connect 90% of its Connecticut customers to fiber optic cable before 2026.

For enterprise clients, which fall under the Business and Wholesale segment, the relationship management is high-touch. This segment saw fiber revenue grow 4.1% year-over-year in Q2 2025, driven by data and internet services. The Business and Wholesale fiber broadband ARPU was $98.72 in Q2 2025. Managing these higher-value, likely stickier relationships is crucial, as evidenced by the segment's continued, albeit lower, net additions of 6,000 in Q3 2025. Finance: draft 13-week cash view by Friday.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Channels

You're looking at how Frontier Communications Parent, Inc. (FYBR) gets its fiber-first product into the hands of consumers and businesses as of late 2025. The Channels block is all about the touchpoints used to reach the market, sell the service, and deliver the value proposition of Building Gigabit America®.

The execution across these channels is clearly driving growth, as evidenced by the Q3 2025 results. Frontier added a record 133,000 fiber broadband customers in that quarter alone, pushing total fiber passings to 8.8 million locations passed. This success is supported by a multi-pronged approach to market penetration.

Direct sales force for residential and business customers

The direct sales force remains a critical component for both the Consumer and Business and Wholesale segments. This team is responsible for closing sales, particularly in newly passed fiber areas where direct engagement helps drive initial penetration. The success in customer acquisition suggests this force is effectively converting leads generated through other means, or directly engaging high-value business prospects.

The focus on fiber means the direct sales team is selling a premium product, which is reflected in the Average Revenue Per User (ARPU) figures. For the Consumer segment, fiber broadband ARPU hit $68.59 in Q3 2025, up 4.9% year-over-year. For Business and Wholesale, the ARPU was $96.63 in Q3 2025.

The company is clearly focused on driving volume through its buildout, as seen by the 125,000 Consumer fiber broadband net additions and 8,000 Business and Wholesale fiber broadband net additions in Q3 2025. The direct team is essential for capturing this growth.

Company website and digital marketing (online ads, social media)

The company website, www.frontier.com, serves as the primary digital storefront for self-service ordering and information dissemination. Digital marketing, which includes online ads and social media efforts, is a major driver of traffic to this site. Frontier invested approximately $200 million in marketing during 2024 to support these multi-channel efforts, which includes digital advertising.

Digital channels are key for generating leads for the fiber expansion. The strong customer growth suggests these efforts are effectively driving awareness for the 8.8 million fiber locations passed as of Q3 2025. The company is also actively pursuing federal broadband grants, which often require a strong digital presence for public awareness and application support.

Third-party retail partners and authorized dealers

While specific sales mix data isn't public, third-party retail partners and authorized dealers are an implied part of the 'multi-channel marketing efforts' mentioned in past reporting. These partners help extend Frontier Communications Parent, Inc.'s reach beyond its direct footprint, especially in competitive retail environments. They are crucial for volume sales, particularly for the Consumer segment.

The mention of needing to improve negotiations with partners to drive down Subscriber Acquisition Costs (SAC) indicates that channel management and partner performance are actively being monitored to control the cost of acquiring the 133,000 net additions seen in Q3 2025.

Direct mail and email marketing campaigns for fiber passings

Direct mail and email marketing campaigns are explicitly used to target households and businesses within the newly constructed fiber passings. These are targeted efforts designed to convert locations passed into paying subscribers quickly, which is vital for maximizing the return on the $819 million in cash capital expenditures reported for Q3 2025.

These campaigns likely focus on the value proposition of symmetrical speeds and the growing availability of multi-gigabit tiers. The company is sticking with its plan to build fiber to 1.3 million locations in 2025, meaning these direct marketing efforts are constantly targeting fresh inventory.

Customer service centers and technical support lines

While not strictly a sales channel, customer service centers and technical support lines are the final, crucial touchpoints that influence retention and word-of-mouth referrals, which feed back into the sales pipeline. High customer satisfaction here helps mitigate churn, which was low at 1.20% for Consumer fiber broadband in Q1 2025.

The CEO noted that the whole company needs to be in balance, emphasizing the need to sell, service, and support fiber broadband as it builds. The quality of support directly impacts the long-term value derived from the customer acquisition cost incurred through the other channels.

Here's a look at the key performance metrics tied to the customer base these channels serve as of the latest reported quarter:

The company's success is clearly tied to the fiber buildout, with 8.8 million locations passed as of Q3 2025. The channels must efficiently convert these passings into revenue, which they are doing, given the 20.2% year-over-year growth in total fiber broadband customers.

The primary channels used to drive customer acquisition and penetration include:

• Direct sales teams targeting both residential and business accounts.
• The company website and active digital advertising spend.
• Leveraging third-party retail partners and authorized dealers.
• Targeted direct mail and email campaigns for new fiber passings.
• Maintaining customer loyalty through dedicated service and support lines.

Customer acquisition costs are a factor, as noted by management, but the resulting ARPU growth of 4.9% for consumers suggests the value captured justifies the spend.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Customer Segments

Frontier Communications Parent, Inc.'s customer segments are clearly delineated by service type and scale, with a heavy, strategic focus on fiber adoption across all groups.

Residential/Consumer customers seeking high-speed broadband represent the core base, driving the majority of subscriber growth.

• As of the third quarter of 2025, Frontier Communications Parent, Inc. served approximately 2.76 million fiber Internet customers.
• Consumer fiber broadband customer net additions for the third quarter of 2025 totaled 125,000.
• This resulted in a Consumer fiber broadband customer growth rate of 20.4% year-over-year for the third quarter of 2025.
• The Average Revenue Per User (ARPU) for this segment was $68.59 in the third quarter of 2025, showing a 4.9% increase year-over-year.
• The company noted that the vast majority of new fiber subscribers are taking multi-gigabit speeds.

Small and Medium Business (SMB) customers are grouped with Wholesale into a single reporting segment, though their needs for dedicated solutions differ.

The Business and Wholesale segment also includes Wholesale customers (e.g., other carriers like AT&T) for network access, where revenue growth was partly attributed to unit price increases in network access services.

Enterprise and Government clients requiring dedicated fiber solutions are served through the Business and Wholesale segment, which saw its fiber revenue reach $328 million in the third quarter of 2025, a slight decrease year-over-year.

The entire customer base is being expanded through aggressive infrastructure investment, targeting Customers in rural and underserved areas targeted by fiber expansion.

• As of September 30, 2025, Frontier Communications Parent, Inc. had passed approximately 8.8 million total locations with fiber.
• The company added 326,000 fiber passings during the third quarter of 2025.
• Frontier Communications Parent, Inc. is working toward its goal of 10 million fiber passings, which it expects to reach or exceed by the end of 2026.
• The company is actively pursuing federal broadband grants to expand its reach.

Overall, Frontier Communications Parent, Inc. served approximately 3.3 million total broadband customers as of September 30, 2025.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Cost Structure

The Cost Structure for Frontier Communications Parent, Inc. is heavily weighted toward network investment and ongoing operations, reflecting the ongoing fiber buildout strategy.

High Capital Expenditures (CapEx) for fiber buildout represents a significant cash outlay necessary to transition the network. For the third quarter of 2025, cash capital expenditures totaled $819 million. Looking at the year-to-date spend, cash capital expenditures through 3Q25 reached $2.4 billion. This investment supports the goal of reaching or exceeding 10 million fiber passings by the end of 2026.

Core operating costs include the expense of running the existing network, both fiber and the legacy copper plant. For the three months ended September 30, 2025, the Cost of service on the Statements of Operations was $547 million. This cost category encompasses the direct expenses of providing the services.

Acquiring new fiber customers is an ongoing expense. In Q3 2025, Adjusted EBITDA growth was partially offset by higher customer acquisition costs. Similarly, in the first quarter of 2025, Adjusted EBITDA growth was partially offset by higher customer acquisition costs.

Personnel costs for the field technicians building and maintaining the network, plus the support staff, are substantial. Based on late 2025 estimates from various sources, employee compensation shows a wide range:

The transition away from older technology drives structural cost considerations. The revenue from copper-based products continues to decline, which partially offsets the growth from fiber products. This revenue decline from legacy services necessitates continued operational management of the copper infrastructure while capital is heavily directed toward fiber replacement. The margin profile of a fiber customer base is noted as being far superior to the legacy business.

Key components contributing to the overall cost structure include:

• Capital Expenditure: $819 million in cash CapEx for Q3 2025.
• Cost of Service: $547 million reported for the three months ended September 30, 2025.
• Employee Compensation: Average annual salaries estimated between approximately $41,320 and $88,305.
• Customer Acquisition: Costs are noted as being higher, impacting quarterly margin expansion efforts.
• Legacy Network Impact: Declines in copper-based product revenue are a recurring factor offsetting fiber revenue gains.

Finance: draft 13-week cash view by Friday.

Frontier Communications Parent, Inc. (FYBR) - Canvas Business Model: Revenue Streams

You're looking at the core money-makers for Frontier Communications Parent, Inc. as of late 2025, focusing on the Q3 2025 snapshot. The story here is the fiber transition; the numbers clearly show where the growth is coming from and what's being phased out.

The primary engine driving top-line growth is the consumer shift to fiber. Specifically, Consumer fiber broadband subscriptions generated $521 million in revenue for the third quarter of 2025. This segment is seeing strong momentum, with the Consumer fiber broadband Average Revenue Per User (ARPU) settling at $68.59 for Q3 2025, which was an increase of 4.9% year-over-year. That ARPU figure is key; it shows pricing power is holding even as they add a record number of new customers.

The Business and Wholesale segment revenue was reported at $707 million in Q3 2025, marking a 3.7% increase year-over-year, largely thanks to fiber-based products. However, within this segment, Business and Wholesale fiber broadband ARPU actually decreased by 2.1% to $96.63. So, while the segment is growing overall, the high-value fiber ARPU is under some pressure, which is something to watch.

To map out the revenue picture, here's how the major service categories stacked up for the three months ended September 30, 2025:

The transition away from older technology is evident when you look at the legacy streams. You see the drag from revenue from declining legacy copper-based services (voice, video). For instance, the specific line item for Voice services revenue was $272 million in Q3 2025, down from $282 million in the prior quarter. This decline in copper-based products is what the company noted was partly offsetting the growth in fiber revenue.

The overall revenue mix shows the success of the fiber push, even with the copper headwinds. The total revenue for Data and Internet services across the company reached $1.12 billion (or $1,120 million) in Q3 2025. This figure encapsulates the bulk of the high-growth fiber revenue streams from both consumer and business units.

Here are the key revenue drivers and associated metrics:

• Consumer fiber broadband revenue increased 25.8% year-over-year.
• Total fiber passings reached 8.8 million locations as of the end of Q3 2025.
• Business and Wholesale fiber revenue was $328 million, a slight decrease year-over-year.
• Consumer fiber broadband customer net additions were 125,000 in the quarter.

Finance: draft 13-week cash view by Friday.