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Consolidated Communications

Latest Headlines

Latest Headlines

Consolidated's Ethernet revenue gains help ease POTS, LD declines

Consolidated Communications reported that in the third quarter of 2014, Ethernet services were a star performer in its portfolio, rising 14 percent year-over-year, but that was not enough to completely offset the drag of legacy service declines. Commercial and wholesale revenues rose 4.7 percent year-over-year.

Consolidated's Bob Udell to become CEO in January, replacing Bob Currey

Consolidated Communications has named Bob Udell as its next president and CEO, a role he will formally take on in January. A 20-year company veteran, Udell has more than 25 years of telecom industry experience and has been serving as Consolidated's COO since 2011.

Consolidated's Q2 commercial sales rise 5.5%, but legacy declines continue to be a drag

Consolidated Communications reported that second-quarter data, video and Internet sales were a key revenue driver, rising to $69.5 million, but legacy declines offset total company growth. The company reported a 5.5 increase in commercial sales year-over-year.

Consolidated's Enventis deal shows ongoing need to diversify its revenue base

Consolidated Communications' move to acquire  fellow independent telco Enventis for $350 million  may not be on par with the blockbuster deals its independent ILEC counterparts CenturyLink and Windstream have made in recent years, but it's significant in that it is a sign of another smaller telco branching out of its all-voice service roots.

Consolidated to acquire Enventis for $350M in stock, enhancing fiber network reach

Consolidated Communications has reached an agreement to acquire all 13.8 million shares of Enventis, formerly HickoryTech, for about $350 million, marking yet another element in the ongoing consolidation of the independent telco market.

Consolidated's Childers: We'll grow our business service reach through acquisitions

Consolidated Communications might not be nearly the size of its larger ILEC counterparts, such as CenturyLink and Windstream, but the telco has adopted a similar growth strategy that includes a mix of organic growth and the acquisition of other complementary properties.

Consolidated Communications' Q1 Metro Ethernet revenue jumps 21 percent

Consolidated Communications reported that a 21 percent rise in Metro Ethernet revenue drove up overall first-quarter 2014 data, video and Internet services revenue to $68.2 million.

Consolidated's Q4 2013 revenue declines to $148M but ILEC sees uptick in broadband and business data services

Consolidated Communications reported that fourth-quarter 2013 revenues declined year-over-year to $148 million as increases in data and video revenues were more than offset by declines in subsidies and network access revenues.

Rising stars in wireline: Future leaders to watch in 2014

The time to innovate couldn't be any more pressing for the wireline telecom industry as traditional operators look to shut down 100-year-old TDM networks and transition to all-IP infrastructure. FierceTelecom profiles eight up-and-coming executives meeting the demands of a changing landscape.

Consolidated Communications launches business services in Dallas – Fort Worth

Time Warner Cable and other telecom providers in the Dallas-Fort Worth area will face increased competition for their commercial high-speed Internet, Ethernet and phone products from Consolidated Communications.