"Revenue -- Consolidated revenue declined by 2% year over year, and by 0.4% when excluding advertising revenue and programmer streaming app allocation. Adjusted EBITDA -- Adjusted EBITDA dropped by 1.2% year over year in the quarter, while full-year EBITDA grew by 0.6%. Internet customers -- The company lost 119,000 Internet customers, an improvement versus the prior year fourth quarter driven by lower disconnects. Mobile lines -- Net additions totaled 428,000 mobile lines with higher gross additions, but were lower sequentially due to increased competitor device subsidies."
"Video customers -- Video customer base increased by 44,000, reversing a loss of 123,000 in the prior year, primarily from lower churn and enhanced product offerings. Residential revenue -- Residential revenue declined by 2.4% year over year, with a 1.2% drop in residential customers and a matching 1.2% decline in revenue per customer relationship. Commercial revenue -- Total commercial revenue increased by 0.3% year over year, with mid-market and large business revenue up 2.6%."
Consolidated revenue declined 2% year over year and 0.4% excluding advertising and programmer streaming app allocation. Adjusted EBITDA decreased 1.2% in the quarter while full-year EBITDA rose 0.6%. The company lost 119,000 Internet customers but added 428,000 mobile lines and increased video customers by 44,000, driven by lower churn and stronger offerings. Residential revenue fell 2.4% with a 1.2% decline in customer relationships and revenue per relationship. Commercial revenue rose 0.3%, aided by mid-market and large business growth. Advertising revenue fell 20% due to reduced political ads; excluding political, advertising was flat. Operating and programming costs declined, free cash flow dropped to $773 million, and fourth-quarter capital expenditures were $3.3 billion.
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