Industry: Full-service Communications Provider (Telephone,
Cable TV, and Data)
Situation: Two years from start-up with little
cash flow, negative EBITDA, and no financial control mechanisms.
Corporate Smoke Jumpers engaged in a turnaround process. Modified capital deployment
process, increased asset utilization, and established budgetary
and accounting controls.
Results: EBITDA positive within one year, the debt
was restructured, and asset utilization increased.