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iphone 7 case Sign in / Join NowSummaryDuring 2Q, I published a model of Frontier Communications financials, predicting what cash flow and ability to repay debt would look like, based upon historical revenue projections.The model was premised on a relationship of costs as they have historically related to revenue, both before and after the CTF acquisition.2Q data provides first test of model to determine whether these historical trends will remain in place or be changing after the CTF acquisition.Model appears, in this first test, to have predicted the costs reasonably well, following historical trends rather than breaking with them for non recurring items.This has broader implications for the sustainability of Frontier Communications as a surviving entity, even with steadily declining revenues."One swallow does not a summer make." AristotleBackground On June 28th, 2017, I published an article, "Frontier Communications Part 2: Why I'm Still Buying The Preferred Shares" (found here).

In this article, I published a model of future and predicted Frontier Communications' (NYSE:FTR) financial results going forward, based upon longer term historical trends for revenue and for the relationship of "fixed costs" to revenue, going back four years. The details of the model itself are described in the Part 1 of that series (found here).The second quarter earnings report from Frontier Communications provided the first test of the ability of the model to correctly predict costs and resultant earnings from revenue iphone 7 case.