Windstream Corporation is an independent ILEC based in Arkansas that was created when Alltell (now Verizon Wireless) decided to spin off its local telephone division and merge it with VALOR Communications Group in 2005.

To offset ongoing losses in its traditional landline voice business, Windstream has set out on a path to transform itself from just another local telephone company and into a broadband and data company. That broadband and data mission has led Windstream to conduct a number of strategic acquisitions over the past three years, including independent ILECs D&E Communications, Lexcom and Iowa Telecommunications; CLECs including NuVox Communications and Norlight Telecom; regional fiber provider Kentucky Data Link; and a hosted provider, Hosted Solutions.

Unlike its fellow ILECs AT&T and CenturyLink, Windstream has been more conservative not only in its M&A approach, but also on the product front offering traditional consumer services (traditional voice, DSL and satellite TV) and a growing base of business and wholesale services (Ethernet, IP/VPN, managed services and fiber-to-the-cell site).

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Windstream

Latest Headlines

Latest Headlines

Windstream names Bob Gunderman as interim CFO

Windstream has made another move in the realignment of its top management team, naming Bob Gunderman as interim CFO. The move comes after the company said it plans to spin off certain telecommunications network assets into an independent, publicly traded real estate investment trust (REIT).

Windstream begins the second phase of its 100G network build

Windstream has started work on the second phase of its 100G long-haul optical network covering nearly 4,100 miles that's set to be completed by the end of the year.

Windstream's Gardner: Cable could become a threat in larger businesses

Windstream today may not see cable as a major competitor in the larger business space that it plays in today, but the pending multi-billion dollar merger between Comcast and Time Warner Cable could pose new challenges.

Windstream COO Whittington to resign, as company realigns top management team

Windstream is shaking up its top management team, announcing that Chief Operating Officer Brent Whittington will resign on Sept. 1, after serving in the role for five years.

Windstream's business revenue rises to $749M, but overall results decline 2%

Windstream reported that enterprise and small-business service revenue was $749 million in the second quarter, a slight increase sequentially from $748 million in the first quarter.

Will Verizon and AT&T follow Windstream's REITious path?

Windstream shook the telecom and financial community Tuesday when it announced that it's spinning off some of its network assets into an independent Real Estate Investment Trust (REIT), then leasing them back to remove a layer of federal tax liability.

Windstream makes Avaya-based UCaaS service nationally available

Windstream is enhancing its bond with its managed service customer base by making Avaya's Aura Unified Communications (UC) solution as a cloud-based offering available on a national basis via its Unified Communications as a Service (UCaaS) product.

Will AT&T, Verizon follow Windstream down the REIT asset path?

Windstream got the attention of the telecom world and financial community on Tuesday when it announced that it would spin off parts of its network assets into an independent Real Estate Investment Trust (REIT). Not surprisingly, this development quickly fueled speculation that other service providers could, or are considering, a similar move.

Windstream shares spike more than 12% following REIT plan announcement

Nasdaq shares for Windstream Communications' holding company ended trading Tuesday, July 29 up 12.35 percent after the company revealed that it was spinning off its copper and fiber assets into a real estate investment trust (REIT) and leasing them back.

Windstream to spin off network assets into REIT

Windstream is moving to spin off a number of its copper and fiber assets into a publicly traded Real Estate Investment Trust (REIT), a move it says will enable it to lower debt by nearly $3.2 billion while accelerating its broadband and IP-based network transitions.