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Performance was driven by record fiber address delivery, with the first half of 2026 exceeding the peak construction period of late 2025 due to expanded capacity and strong execution.
Management attributed the decline in total operating revenues to discrete adjustments to wholesale revenues and legacy copper and cable pressures, which were partially offset by a 13% increase in residential fiber revenue.
The company is leveraging its position as the largest E-ACAM recipient to accelerate fiber deployment in hard-to-reach rural areas, converting copper footprints to fiber to mitigate legacy headwinds.
Strategic positioning has shifted toward a fiber-centric model, with 60% of the total footprint now served by fiber and 80% of addresses capable of gigabit speeds.

#total #copper #tell #management
3 months ago

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