SEGMENT REPORTING (Tables)

9 Months Ended

Mar. 31, 2017

SEGMENT REPORTING

Summary of Financial Information by Segments

	As of and for the three months ended March 31, 2017
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Revenue from external customers	$	179.6	$	110.5	$	121.7	$	53.6	$	79.3	$	5.5	$	—	$	550.2
Segment Adjusted EBITDA		137.6		45.7		46.6		28.7		22.0		1.4		—		282.0
Capital expenditures		119.9		40.2		22.6		23.7		1.9		—		—		208.3

	As of and for the nine months ended March 31, 2017
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Revenue from external customers	$	531.2	$	323.0	$	350.8	$	157.3	$	185.4	$	14.1	$	—	$	1,561.8
Segment Adjusted EBITDA		416.8		134.9		126.9		82.6		41.3		3.5		—		806.0
Total assets		4,319.7		1,252.3		1,180.0		931.0		644.8		31.5		177.5		8,536.8
Capital expenditures		381.6		111.1		63.6		69.9		4.0		—		—		630.2

	As of and for the three months ended March 31, 2016
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Revenue from external customers	$	169.4	$	102.6	$	105.3	$	47.9	$	48.0	$	4.8	$	—	$	478.0
Segment Adjusted EBITDA		131.3		42.5		37.4		24.2		6.1		1.3		—		242.8
Capital expenditures		111.0		30.3		24.3		17.2		2.3		—		—		185.1

	As of and for the nine months ended March 31, 2016
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Revenue from external customers	$	476.6	$	284.4	$	244.4	$	145.0	$	48.0	$	16.0	$	—	$	1,214.4
Segment Adjusted EBITDA		364.2		122.6		105.8		74.5		6.1		3.9		—		677.1
Capital expenditures		315.1		90.1		63.7		45.5		2.3		—		—		516.7

	As of June 30, 2016
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Total assets	$	3,780.9	$	964.8	$	849.2	$	884.3	$	72.6	$	33.5	$	134.7	$	6,720.0

Reconciliation from Segment Adjusted EBITDA to Net Loss from Continuing Operations

	For the three months ended March 31,
	2017		2016
		(in millions)
Total Segment Adjusted EBITDA	$	282.0	$	242.8
Interest expense		(63.0)		(57.7)
Depreciation and amortization expense		(155.7)		(137.2)
Transaction costs		(8.4)		(14.2)
Stock-based compensation		(26.5)		(33.5)
Loss on extinguishment of debt		(4.5)		—
Foreign currency gain/(loss) on intercompany loans		3.9		(11.1)
Non-cash loss on investments		(0.2)		(0.6)
Income/(loss) from operations before income taxes	$	27.6	$	(11.5)

	For the nine months ended March 31,
	2017		2016
	(in millions)
Total Segment Adjusted EBITDA	$	806.0	$	677.1
Interest expense		(170.0)		(162.7)
Depreciation and amortization expense		(425.6)		(368.0)
Transaction costs		(17.6)		(17.5)
Stock-based compensation		(93.0)		(122.5)
Loss on extinguishment of debt		(4.5)		—
Foreign currency gain/(loss) on intercompany loans		(24.7)		(28.9)
Non-cash loss on investments		(0.7)		(1.2)
Income/(loss) from operations before income taxes	$	69.9	$	(23.7)