Consolidated Communications may still be integrating SureWest into its fold, but according to CFO Steve Childers the service provider is hungry to pursue new deals that allow it to diversify its revenue streams.
Consolidated Communications found that metro Ethernet was a key source of data services growth in Q3 2013, rising 40 percent year-over-year as it expanded the service to serve more of its growing business customer base over its various network assets.
Google Fiber has named Merriam, Kan., as its latest FTTP target--its fifteenth Kansas City-area community where it plans deliver 1 Gbps-capable broadband service to residential customers.
Consolidated Communications bucked the seasonal second quarter broadband slowdown trend as its data, video and Internet service revenues rose to $68.2 million.
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.