Bob Currey, CEO of Consolidated Communications, said that when Google Fiber begins to enter the parts of Kansas City where it operates they will be ready to compete.
Consolidated Communications said it generated $28.4 million in income in the first quarter, thanks to increased sales of subscription video and high-speed Internet packages.
Consolidated Communications reported that the ongoing rise in data and video connections helped drive up its first-quarter 2013 revenues year-over-year to $156.3 million.
Google Fiber said it will expand its broadband and pay TV service to the Kansas City suburb of Shawnee, where it will compete with Time Warner Cable, AT&T and cable overbuilder SureWest.
Bob Udell, COO of Consolidated Communications, is in the process of leading his company through another transition as it integrates the SureWest assets it purchased last July. Udell said the SureWest deal helped it advance its strategy of leveraging common assets across its consumer, commercial and wholesale business services units. Sean Buckley, Senior Editor of FierceTelecom, recently caught up with Udell to talk about the SureWest acquisition and the company's overall growth strategy.
Consolidated Communications reported on Thursday that Q4 revenue was $160.1 million, up 1.8 percent year-over-year with a gain in both broadband and video services subscribers.
With the integration of SureWest well underway, Consolidated Communications has set a goal of advancing its business service set to extend into the Sacramento, Calif. and Kansas City areas it entered through that deal.
What were the big merger and acquisition deals that took place in the wireline telecom industry in 2012? FierceTelecom is answering those questions in our fourth annual wireline M&A report where we detail the top deals of the year.
Consolidated Communications knows Google Fiber is its Kansas City neighbor, but right now the provider does not see the company as a major threat.
Hawaiian Telcom on Wednesday announced that it has hired Scott Barber as its new Chief Operating Officer.