everyone. morning, and Philip, you, good Thank
realignment. the of year business and A our us initiative First, consumer was key and starting our team let to key lot with enthusiasm excitement and across say We leaders organization. me is commercial there for the leadership am added quite and is making the experience pleased go-to-market strategic I on new incredible, collective of The with our leaders these new to CFO addition team. immediate other contributions businesses in depth and carrier a brought changes. of a with
seeing for and strong are the More foundation early importantly, future. building the are in momentum we growth
record fiber. Some QX highlights and on net include fiber video broadband the new of XX,XXX strength growing a of adds over of consumer quarterly
positive broadband in is first are over well quarter, offsetting DSL X,XXX. that Second our XXXX net consumer adds means net total This consumer adds, of the above the full year losses. just broadband we
Third, grew consumer X%. XX% consumer contributed revenue revenue broadband which to broadband growth of fiber over
is to ARPU up fiber broadband leading churn industry X%. Consumer fiber an and improved X.X%
consumer at average and second an experienced historical in favorable We month are in beyond activity of add fiber in for we net month approaching March third levels even position our and X,XXX and highest are higher Notably, well April. seeing fiber our adds net adds us net These our quarters. in trends fiber. the for history video approximately X,XXX and in
Lastly, installations inventory conduct to efficiently future we're fiber meet our to well positioned given and growing position. demand builds for
from broadband Let's Slide to our turn highlights fiber telecom X, leading a journey a provider. to copper-based which
our footprint. foundation We solidifying multiyear on actions return through than fiber we're of to XXXX. And in bring more our continue to to the to progress XX% our a make growth XXXX, during plan great for
through carrier, commercial the mid existing we the we mid to Our levels year, revenue in addressable for rate a XXXX. locations across this looking penetration high term by projected to growth our are roughly EBITDA end fiber of half We're cost to structure. while fiber over annual of reach highly network consumer, is long compound drive and and teens the XX% our XXXX groups; approach our leveraging targeting margins also EBITDA for three as profitable
are proof provides summarize fixed Fiber's to is our be long-term more upgradeable speeds future opportunity couldn't excited our with that to and investment the I'll fiber that beyond aspects XX product fiber wireless. growth superior Gig On capability, a technology the it's With data We of particularly expand to Slide fiber delivering XX% cable essential, X, further key thesis. by current demand symmetrical recent as next by years. arguably currently in capacity annually is capable and broadband data continues and consumers. the they five to only projects McKinsey this And end, businesses, To speed traffic technology fixed cite governments, grow. a that the the of report us. expected
also structural our incumbent position. advantages, distinct including several We enjoy
know markets we We have very communities of decades, been many expansion well. for serving our our and fiber
fiber-rich have effectively aerial with cost, pole pass, cost advantages where extend have a industry us and opportunities for offering plant. plan. us execute leading including cost strong facilities return conduit we These network network as unit on our can carrier an we on We access provide to buried investment including that we existing class capacity favorable
now locations track fiber Looking fiber least to our locations. at XX,XXX With I'll we upgrade on we X, our on and you first XXX,XXX Slide In in during labor the at shape, good update nearly upgraded are build. quarter, XXXX. chain supply
in extend fiber total now up XX% locations, service Our of to from over X area, just XXXX. XX% overall million our or passings
in last point consumer that coverage broadband fiber positive reached are Now increasingly such discussed we've our we we net quarter, the to overall able with as inflection adds. an generate important
our for growth. growing As closer to catalyst a are a as result, consumer we move is us now broadband overall key This we revenue overall consistently revenue.
we and capital of more than in more with coverage be XXXX, fuel penetrations, and will of our Xx public XX% of representing increased portfolio with private to our increase assets. than year, passings out continued the expect of XXXX. We structure our our flexibility the fiber Looking our partnerships, by an builds fiber that have middle
revenue of fiber which fund cash of X we're on base will and course boost across providing our driving penetration million existing and support our over fiber builds. foremost, to flow focused passings, First additional
or plan. Second our opportunities funding infrastructure is the grant align that continued of pursuit with
continue over funding of opportunities component partnership XXXX expansion. these When complete synchronized million help leads a opportunities communities. quarter. our markets. in we first and with to opportunities, XX We've previous positive for opportunities the of nearly new been very billion quarter, end At a This governmental across up grant which rural turn with reputation as public-private partnership awarded This fiber to since BEAD our opportunities were million which million program. is appropriately broadband we builds partnership funding from the tracking offset our government builds, our earned not does neighboring We've areas. prior key is in part broadband as XXX the any by of additional of wins, include potential XXX $XX
XX many expected to BEAD are come the market are As you aware, over of next months. opportunities to
are well execution we continued summary, build. of the doing on In our fiber
to be plans and the evolve. build as order flex to We will continue opportunities nimble in
cohort Let fiber me highlight improving. which our now are penetrations
cohort above Our QX two-year is XX%. XXXX of the mark, nearly which target XX% is at our
of which includes performance where some results this we We are pleased very areas particularly had public-private partnerships. from with cohort, strong the
mark, Moving the XX%. our to our is target is XX.X% QX one-year of which 'XX above at cohort, penetration
call, penetration that QX strategy what from to are doing During these a initiatives. Put I'm our seeing would we're our outlined we with simply, of the quite across we do. comprehensive results all And we increase ecstatic we said cohorts. exactly
and adds. momentum re-rally factors efforts with record we adds fiber are consumer X,XXX. approaching its fiber To into this Our fiber Key monthly superior net proposition. video for upward put this was and prior And record were QX our value in where this perspective, continues include X,XXX. March our for net April broadband X,XXX 'XX trajectory
consumer now in and year door-to-door growth up sales since partners continued our Xx headcounts, Also end. our which are
to optimization tactics. call and see upside channel being continue center improvements more sales on We with made with along our e-commerce
for sales activity. our install growing capabilities with in keeping current our CPE have we And to pace deploy are our ready installs. Importantly, mentioned, I as stock
continue key keep Looking build quarter on initiatives we'll ahead, and of results. all further executing these to momentum XXXX first our upon to going
year. area Slide XXXX. revenue perspective and added progress increase broadband up on fourth a XX the an broadband of In contributed positive subscribers, These the to business quarter. X% overall the in in revenue fiber XX% lay fiber growth overall Fidium XX% additional factor provide where in consumer revenue to was overall to growth for from a increase fiber as I in Growing the QX, which key versus we're the of growth. business, of million, our foundation our XX,XXX year-over-year, XX% broadband results first turn is we let's us XX.X making prior business for quarter. revenue we is contributing Fiber consumer consumer this Now,
XX% with trends our Gig higher while over service, remain the vast choosing consistent subscriber X subscribers. Fiber or are new majority
from up from to Our connections, XX% a to fiber year just copper making ago. XX% transformation of is now with consumer fiber our up which continues broadband grow
mix Looking fiber Gig driven ARPU year-over-year, provides continue EBITDA, quarter, increasingly fiber. at fiber as is to This $XX are a with meaningful upside first or XX%. the product shifts subscribers in by ample was our X.X% favoring driving the as speed and offering. our copper and exceeds consumer difference ARPU to broadband significant revenue us X over up increase In mix, by ARPU,
Additionally, we're an interest for uptick product. our also Gig seeing X in
Let's to our fiber customers, we broadband We solutions businesses we serve. differentiated the carriers. are leading to nearly large the XX,XXX channels. and markets miles route to provider and offer from ranging With fiber-based believe commercial turn connectivity we deliver small targeting XX,XXX carrier on-net services buildings, and over fiber and enterprises in cloud-based
more our offerings, businesses, strategy as and agent new Our enhancing are speed focused includes Under well partner as and direct we leadership, both on-net go-to-market market coverage our and to net. inside simplifying to or channel. improving capture sales the on near our
and voice. services, commercial Internet we data saw year-over-year in Dedicated access, cloud Within growth SD-WAN
core investments revenue making channels. network capacity, three increase all benefits our are customer We to which
our correlates our in more by experience by the to services provide quarter carrier higher XX our have to bottom increased networks fiber capable fiber a opportunity and served upsell, Gig customer's is We and connections. data to Kansas, Gig in Gig within enabled in to greater opportunities fiber same We into grow the networks on-net for ensure normalizing enabled XXX for for new routes buildings customer any transport transport margins, X.X% network. us after The passings both increased commercial ability line the to and connectivity the and of core additional address which leverage opportunities of our best metro our XXX consumer services. first delivering
turn on financial results. will will to who provide I the over Fred insights call first our now Fred? more quarter
