SEGMENT REPORTING (Tables)

9 Months Ended

Mar. 31, 2018

SEGMENT REPORTING

Summary of Financial Information by Segments

	For the three months ended March 31, 2018
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Revenue from external customers	$	210.3	$	117.2	$	138.8	$	59.6	$	117.7	$	5.8	$	—	$	649.4
Segment Adjusted EBITDA		164.6		48.2		50.5		29.4		25.5		1.6		(0.2)		319.6
Capital expenditures		102.7		40.5		24.2		25.5		2.2		—		—		195.1

	As of and for the nine months ended March 31, 2018
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Revenue from external customers	$	606.3	$	353.6	$	422.4	$	177.9	$	368.9	$	17.3	$	—	$	1,946.4
Segment Adjusted EBITDA		479.8		149.0		157.0		90.3		86.2		4.0		(0.2)		966.1
Total assets		4,861.9		1,306.6		1,292.2		1,036.6		467.0		33.2		244.0		9,241.5
Capital expenditures		324.5		106.0		64.7		78.1		8.6		—		—		581.9

	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

	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
Capital expenditures		381.6		111.1		63.6		69.9		4.0		—		—		630.2

	As of June 30, 2017
	Fiber Solutions		Transport		Enterprise Networks		zColo		Allstream		Other		Corp/ Eliminations		Total
	(in millions)
Total assets	$	4,504.6	$	1,230.0	$	1,385.7	$	994.4	$	406.2	$	33.2	$	185.3	$	8,739.4

Reconciliation from Total Segment Adjusted EBITDA to income/(loss) from operations before taxes

	For the three months ended March 31,
	2018		2017
	(in millions)
Total Segment Adjusted EBITDA	$	319.6	$	282.0
Interest expense		(75.3)		(63.0)
Depreciation and amortization expense		(191.2)		(155.7)
Transaction costs		(3.3)		(8.4)
Stock-based compensation		(19.2)		(26.5)
Loss on extinguishment of debt		—		(4.5)
Foreign currency gain/(loss) on intercompany loans		13.9		3.9
Non-cash loss on investments		(0.2)		(0.2)
Income from operations before income taxes	$	44.3	$	27.6

	For the nine months ended March 31,
	2018		2017
	(in millions)
Total Segment Adjusted EBITDA	$	966.1	$	806.0
Interest expense		(222.0)		(170.0)
Depreciation and amortization expense		(571.2)		(425.6)
Transaction costs		(17.5)		(17.6)
Stock-based compensation		(70.5)		(93.0)
Loss on extinguishment of debt		(4.9)		(4.5)
Foreign currency gain/(loss) on intercompany loans		27.8		(24.7)
Non-cash loss on investments		(0.5)		(0.7)
Income from operations before income taxes	$	107.3	$	69.9