- Achieved first year annualized synergy target of $20 million a full quarter ahead of plan
- Increased broadband (video and data) subscribers by 4,055
- Delivered strong financial results with a 13% increase in pro forma adjusted EBITDA on a year-over-year basis
- Provided another solid dividend payout ratio
- Revenue was $156.3 million.
- Net cash from operations was $36.2 million.
- Adjusted EBITDA was $74.1 million.
- Dividend payout ratio was 62.4%.
|Period Ended March 31,|
|ILEC access lines||265,855||277,051||(11,196)||(4.0%)|
|Voice connections (non-ILEC)||127,866||35,082||(7,216)||(5.3%)|