Risk Factors Update Summary
- Half of our footprint has been overbuilt by wired competitors offering high-speed data services.
- Residential video services revenue decreased from 25.1% in 2020 to 21.2% in 2021.
- New billing system implementation could disrupt operations and financial results, requiring significant investments.
- Sales growth from small businesses has been suppressed due to economic-related headwinds.
- The FCC initiated a rulemaking proceeding proposing reclassification of broadband internet access service.
- Organic growth rates for business services sales slowed from over 10% to 5.5%.
- Outstanding term loans decreased from approximately $2.1 billion in 2022 to $1.338 billion in 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1632127&owner=exclude
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