Consolidated Communications Holdings

Consolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin on August 10, 1894 and is headquartered in Mattoon, IL.

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Consolidated Communications excels in fiber expansion, faces EBITDA challenges

Consolidated Communications is making significant strides in its transformation to a leading fiber broadband provider, with a strong focus on expanding fiber coverage and growing the customer base. While facing challenges such as EBITDA reduction and revenue uncertainty, the company is optimistic about growth opportunities through strategic priorities and government funding support.

Consolidated Communications reports strong Q1 performance driven by fiber growth

Consolidated Communications Holdings demonstrated strong performance in Q1 with notable achievements in consumer broadband and revenue growth.
While facing challenges in revenue diversification and commercial segment performance, the company's focus on fiber technology and sustainability presents opportunities for future growth.
With a strategic emphasis on fiber build and digital transformation, CNSL is well-positioned to capitalize on market trends and drive long-term success.
Management's commitment to transparency and growth, coupled with positive customer metrics, underpin CNSL's optimistic outlook for the future.

Consolidated Communications reports strong Q2 performance and growth opportunities

Consolidated Communications delivered a robust performance in Q2 driven by consumer fiber and broadband growth.
While facing challenges in commercial revenue decline, the company is proactively managing costs and focusing on expansion.
Opportunities lie in EBITDA growth targets, fiber network expansion, government partnerships, and consumer revenue enhancement.
Maintaining financial stability and strategic growth initiatives position the company well for future success.

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Consolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin in 1894 and is headquartered in Mattoon, IL.

MATTOON, Ill.--(BUSINESS WIRE)--Fidium Fiber, Consolidated Communications' new customer-centered residential internet service, is now delivering symmetrical 2-gig speeds across the Fidium all-fiber network. Fidium announces all plans now include WiFi 6, which creates a mesh network that optimizes your home network daily, delivering the best home internet experience. “These enhancements to Fidium's already fantastic service illustrate our dedication to building the ultimate internet experience f

Double the Speed! Consolidated Communications' Fidium Now Delivering Symmetrical 2 Gig Speeds Across All-Fiber Network

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) today announced that Bob Udell, president and chief executive officer, will present at the Wells Fargo Streaming & Connectivity Day Conference on Tuesday, June 14, 2022 at 10:15 a.m. ET. The Company will also host one-to-one meetings with investors. A live webcast of the virtual event will be available on Consolidated's Investor Relations website at https://ir.consolidated.com. About Consolidated Commu

Consolidated Communications to Present at Wells Fargo Streaming & Connectivity Day

BENNINGTON, Vt.--(BUSINESS WIRE)--Construction is underway in Bennington County and before autumn, 12,000 Vermont homes will have access to gig-speed internet from Fidium Fiber, a consumer internet service from Consolidated Communications (NASDAQ: CNSL). Fidium boasts symmetrical (same upload and download) speeds that are 10 times faster than the national average [1]. This new build is part of Consolidated's fiber expansion plan to deliver fiber internet services to 200,000 Vermont homes by the

Fidium Fiber Bringing Gigabit Speeds to Nearly 12,000 Homes in Southern Vermont CUD, Including 400 Unserved Homes

SEARSPORT, Maine--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) a leading broadband and business communications provider, today announced it's bringing Fidium Fiber internet service to more rural Maine residents and businesses in Maine. In partnership with Searsport, aided by a $2 million grant from ConnectMaine Authority, Consolidated will bring reliable gigabit fiber internet to 2,000 homes in the town. “Searsport has been working on getting quality internet for its residents fo

2,000 Searsport, Maine Homes to Get Connected to Fidium Fiber Internet From Consolidated Communications

Consolidated Communications Holdings, Inc. (NASDAQ:CNSL ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Jennifer Spaude - Senior Vice President of Corporate Communications and Investor Relations Robert Udell - President and Chief Executive Officer Steve Childers - Chief Financial Officer Conference Call Participants James Cotter - Cowen and Company, LLC Jason Kim - Goldman Sachs Group, Inc. Operator Good morning. My name is Brent and I will be your conference operator today.

Consolidated Communications Holdings, Inc. (CNSL) CEO Robert Udell on Q1 2022 Results - Earnings Call Transcript

MATTOON, Ill.--(BUSINESS WIRE)--CNSL reports first quarter earnings with record fiber adds.

Consolidated Communications Reports First Quarter 2022 Results Including a Record Increase in Fiber Subscribers

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL), a top 10 fiber provider in the U.S., is expanding its consumer fiber internet service, Fidium, to 50 markets in California, Illinois, Minnesota, Pennsylvania and Texas. This month, more than 300,000 homes across five states will be able to sign up to get Fidium Fiber internet, with another 93,000 homes lighting up by the end of 2022. “Fidium is the future of Consolidated's consumer fiber internet service and we're thril

Consolidated Communications Expanding Fidium to 50 Additional Markets in Five States

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) is helping expand broadband access through the federal Affordable Connectivity Program (ACP). The federal ACP is a Federal Communications Commission program that offers eligible households a credit up to $30 per month, and up to $75 for households on qualifying Tribal lands. This credit is used to help customers discount the cost of Consolidated's internet services, including Fidium Fiber symmetrical gig-speed fiber inte

Consolidated Communications Is Making Internet More Accessible With Affordable Connectivity Program

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications today announced the signing of its first two community solar agreements.

Consolidated Communications Signs New Community Solar Agreements Supporting Local Renewable Energy Efforts

PORTLAND, Maine--(BUSINESS WIRE)--You've seen construction all over town, now 34,000 homes in Bangor, Portland, Rockland and South Portland can pre-order Fidium℠ Fiber, a customer-centered internet service boasting gigabit speeds without data caps, contracts or required bundles. By year's end, Fidium will be available to more than 150,000 homes. “Consolidated Communications has been an important and collaborative partner in our work to expand connectivity options across our state, particularly

Fidium℠ Fiber Internet Bringing Gigabit Speeds to 150,000 Mainers

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) will release its first quarter 2022 financial results on Thursday, May 5 before the market opens. The Company will host a live conference call and webcast on the same day at 7:30 a.m. CT. A link to the live webcast along with the Company's earnings release, investor presentation, and related materials will be available on Consolidated's Investor Relations website at https://ir.consolidated.com. Analysts and investors int

Consolidated Communications to Release First Quarter 2022 Earnings on May 5

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL), a top 10 fiber provider, today announced the release of its 2021 Environmental, Social and Governance (ESG) Report, detailing the integration of essential elements of ESG standards in its everyday operations. The report illustrates the company's commitment to its customers, employees, investors, business partners and communities as guided by its mission and values. In line with its operations and the critical services i

Consolidated Communications Releases 2021 Environmental, Social and Governance Report

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) today announced that Bob Udell, president and chief executive officer, and Steve Childers, chief financial officer, will present at New Street Research's Fiber to the Future Global Infrastructure Conference on Tuesday, Mar. 29, 2022 at 9:55 a.m. ET and hold one-to-one meetings with investors. A live webcast link for the presentation will be available on Consolidated's Investor Relations website https://ir.

Consolidated Communications to Present at New Street Research's Fiber to the Future Global Infrastructure Conference

Consolidated Communications Holdings, Inc. (CNSL) CEO Bob Udell on Q4 2021 Results - Earnings Call Transcript

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the fourth quarter and full-year 2021. “We had very strong execution on our fiber expansion and achieved 110% of our target resulting in 330,000 locations upgraded in 2021 to fiber services with multi-Gig capable speeds,” said Bob Udell, president and chief executive officer at Consolidated Communications. “I

Consolidated Communications Reports Fourth Quarter and Full-Year 2021 Results

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Enterprise Services, Inc. (“Company”) has entered into an agreement to sell its Kansas City assets to funds managed by Alinda Capital Partners. The asset sale is an all-cash transaction resulting from the Company's strategic asset review and focus on its fiber expansion plans in its core regions. Consolidated's Kansas City operations includes approximately 19,000 consumer subscribers, 13,000 consumer broadband subscribers, 1,900 commer

Consolidated Communications Announces Definitive Agreement to Sell Its Kansas City Assets

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) a leading broadband and business communications provider, today announced it will bring Fidium fiber internet to 22,000 rural Maine homes and businesses as part of the Connect Maine Partnership, supported by a $18.3 million grant from the National Telecommunications and Information Administration (NTIA). This project will bolster Consolidated's ongoing work to build fiber-to-the-premises broadband networks to more than 7

Consolidated Communications to Deliver Fidium Fiber Internet to 22,000 Rural Maine Homes and Businesses through Connect Maine Partnership

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (CNSL), a leading broadband and communications solutions provider, scored in the top quartile of large employers who participated in Gallagher's 2021 Benefits Strategy & Benchmarking Survey. Consolidated Communications was recognized as an organization that provides innovative solutions for creating organizational structures, workplace policies and total rewards, which inclusively engages and motivates its employees. “Our employees

Gallagher Names Consolidated Communications a Best-in-Class Employer

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (“Company”) announced today it has completed the sale of its Ohio assets to Hanson Communications of Ohio, LLC, an affiliate of Hanson Communications, Inc. The sale aligns with the Company's strategic review of assets and focus on its fiber expansion across core regions. Consolidated's Ohio operations contributed approximately $9 million of revenue in fiscal year 2021 and includes approximately 4,000 acces

Consolidated Communications Closes on Sale of its Ohio Assets

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) will release its fourth quarter 2021 financial results on Thursday, Mar. 3 before the market opens. The Company will host a live conference call and webcast on the same day at 9 a.m. CT. A link to the live webcast along with the Company's earnings release, investor presentation, and related materials will be available on Consolidated's Investor Relations website at https://ir.consolidated.com. Analysts and investors inte

Consolidated Communications to Release Fourth Quarter 2021 Earnings on March 3

CNSL is slowly deleveraging and aggressively reinvesting into its broadband network, stabilizing the business. Voice and video remain pain points, which limits revenue growth.

Consolidated Communications: Revisiting The Thesis

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) is educating parents to help their kids understand data privacy and stay safer while online. Children doubled their screen time at the onset of the pandemic, according to a JAMA Pediatrics study. The study focused on children's recreational online usage, not remote learning, and found kids spend an average 7.7 hours on screens each day. With kids spending more time online than ever before, the need to educate them on dat

Consolidated Communications Helps Parents Keep Kids Safe During Data Privacy Week

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications names Marissa Solis to Board of Director.

Consolidated Communications Adds Marissa Solis to Board of Directors

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications announced $42,000 in grant funding to K-12 school programs through its Consolidated Connects Educational Grant Program.

Consolidated Communications Awards $42,000 in Grants Supporting Technology-Focused School Programs

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL) a leading broadband and business communications provider, has completed a range of enhancements to their Managed IT Services suite, delivering even more value and a better experience for businesses. In recent months, Consolidated has added new functionality and white glove support to bolster its robust Managed IT Services offering, including Microsoft 365, Managed Desktop Network & Server, Managed Mobile, and Acronis

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