Adjusted service revenues were $1.21 billion in the fourth quarter, compared to $1.34 billion in the same period a year ago, and $5.0 billion for 2019, compared to $5.5 billion in 2018. Enterprise strategic revenues grew 38 percent year-over-year These statements, along with other forward-looking statements regarding Windstream’s overall business outlook, are based on estimates, projections, beliefs, and assumptions that Windstream believes are reasonable but are not guarantees of future events, performance or results. Contribution margin was $121 million or 19 percent in the fourth quarter, compared to $143 million or 20 percent in the same period a year ago, and $519 million or 19 percent in 2019, compared to $562 million or 19 percent in 2018. As part of the restructuring process, the company continues to work to modify its arrangement with Uniti Group, Inc.
Windstream remains the largest SD-WAN service provider in the country and will continue to drive adoptions and conversions of our strategic products and services, which offer businesses powerful tools to operate more efficiently and grow their businesses,” Thomas said.
Wholesale service revenues were $83 million in the fourth quarter, compared to $94 million in the same period a year ago, and $350 million in 2019, compared to $385 million in 2018. Forward-looking statements are subject to risks and uncertainties that could cause actual future events and results to differ materially from those expressed in the forward-looking statements. Sales of strategic products and services, including SD-WAN, UCaaS and OfficeSuite UC®, now represent an annualized run-rate of approximately $300 million in revenue. Enterprise strategic revenues grew 38 percent year-over-year.
Windstream's Q2 revenue drops as it continues to negotiate Chapter 11 waters. Adjusted capital expenditures were $250 million in the fourth quarter, compared to $207 million in the same period a year ago, and $879 million for 2019, compared to $783 million for 2018.
... and now 16 consecutive months through June 2019, Windstream has recorded consumer broadband growth. Additional information is available at “In 2020, we plan on exiting restructuring with a new capital structure and expect to make additional strides in future-proofing our network, specifically by continuing to increase speed capabilities across our Kinetic footprint. And we still have a tremendous opportunity in front of us to up-sell our faster speed capabilities to larger portions of our Kinetic customer base,” said Tony Thomas, president and chief executive officer of Windstream. The company also offers broadband, entertainment and security services for consumers and small and medium-sized businesses primarily in rural areas in 18 states.
Adjusted capital expenditures were $221 million compared to $188 million in the same period a year ago. Windstream expects to generate approximately $1.63 billion in Adjusted OIBDAR in 2020, a decline of approximately 6 percent compared to 2019 and similar to 2019 trends. Recorded consumer broadband growth for sixth consecutive quarter Windstream undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You can sign up for additional alert options at any time.At Windstream, we promise to treat your data with respect and will not share your information with any third party. This release contains various forward-looking statements which represent our expectations or beliefs concerning future events, including, without limitation, our future performance, our ability to comply with the covenant in the agreements governing our indebtedness and the availability of capital and terms thereof; projections regarding our 2019 financial plan; certain revenue and contribution margin trends in our business units; expected sales growth and opportunities in strategic products and services and expansion of these products for our small and medium sized business customers; increasing broadband penetration levels and availability of faster broadband speeds to more households and businesses within our service areas; benefits of Project Excel and other activities to drive broadband speeds; expected net growth of our broadband subscribers; anticipated fixed wireless offerings based on recent trials; anticipated results and funding opportunities related to the Rural Digital Opportunity Fund and the current CAF II program, both administered by the Federal Communications Commission; statements concerning the current arrangement and related payments to Uniti Group, Inc.; expectations regarding expense management activities, including interconnection expense, and the timing and benefit of such activities; and any other statements regarding plans, objectives, expectations and intentions and other statements that are not historical facts. “Windstream achieved impressive year-over-year growth in consumer broadband subscribers as a result of our strategic network investments to deliver faster internet speeds across our rural footprint. Forward-looking statements include, but are not limited to, projections regarding our 2020 Financial Plan, including adjusted OIBDAR and adjusted OIBDAR margin, anticipated net Kinetic broadband subscriber growth, improved Enterprise contribution margin, and acceleration of Enterprise strategic sales and services; our ability to successfully execute our 2020 priorities; certain revenue and contribution margin trends in our business units; opportunities to expand our strategic products and services for our small and medium sized business customers; increasing broadband penetration levels and availability of faster broadband speeds to more households and businesses within our service areas; anticipated results and funding opportunities related to the Rural Digital Opportunity Fund and the current CAF II program, both administered by the Federal Communications Commission; statements concerning the current arrangement with Uniti Group, Inc.; expectations regarding expense management activities, including interconnection expense, and the timing and benefit of such activities; and any other statements regarding plans, objectives, expectations and intentions and other statements that are not historical facts.
The trial is currently scheduled to begin the first week of March.