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.
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.
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.
Consolidated Communications is putting its Texas fiber network to work by expanding its enterprise and commercial services reach into the Dallas-Fort Worth market.
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.