Google Fiber is taking advantage of its fiber-to-the-premises (FTTP) footprint in Provo, Utah, to extend services to small and medium-sized businesses (SMBs) in the area, a move that will find it facing off with incumbent telco CenturyLink and cable operator Comcast.
An AT&T executive confirmed that even though the telco has reduced its capex budget for 2015, it can still meet its fiber-to-the-premises (FTTP) rollout goals.
Consolidated Communications reported that while data and Internet service rose to $82.2 million in the fourth quarter of 2014, those gains were more than offset by declines in legacy local calling and network access revenues.
AT&T made it official that Kansas City is the next stop in its ongoing fiber-to-the-premises (FTTP) journey, putting it in direct competition with Google Fiber and Consolidated Communications for fiber-based broadband service.
Consolidated Communications (CCI) has finally responded to Google Fiber's fiber-to-the-premises (FTTP) call in Kansas City, Mo., with its own 1 Gbps Internet package for residential customers.
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 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 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 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 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.