Consolidated Communications Holdings, Inc. (CNSL) News
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Latest CNSL News From Around the Web
Below are the latest news stories about Consolidated Communications Holdings Inc that investors may wish to consider to help them evaluate CNSL as an investment opportunity.
Finally, after many relatively uneventful years of business, Alaska Communications Systems Inc. (ALSK) agreed on last January 4th to be acquired by ATN International (ATNI) and a partner, Freedom 3 Capital LLC (F3C for short), for a price of $3.40 per common share including debt. A press release provided the...
Consolidated Communications, Inc. -- Moody's says Consolidated Communications first lien term loan add-on has no effect on ratings
Moody's Investors Service (Moody's) says that Consolidated Communications, Inc.'s (Consolidated) $150 million first lien senior secured term loan B add-on (Add-on) has no effect on the company's B2 CFR, the B2 rating on the secured credit facility or the stable outlook. Consolidated's B2 CFR reflects continued but slowing revenue decline trends exacerbated by continued traditional voice access line losses within its high margin legacy telecom segment, network access revenue erosion, persistent competition from cable and wireless operators and high pro forma leverage (Moody's adjusted) of 5.3x at year-end 2020, which reflects the $150 million Add-on. Stabilizing declining revenue with network investments and growth from data and transport and broadband services is critical to offsettin...
Consolidated Communications (NASDAQ: CNSL) today announced it has secured and closed on an incremental $150 million term loan that is fungible with the Company’s existing First Lien Term Loan B with maturities due October 2027.
Consolidated Communications is partnering with Ciena to upgrade its wireline network to support new and emerging 5G services and applications.
Consolidated Communications’ Award-Winning ProConnect Enables Transportation Logistics Company to Quickly Adopt Remote Work During Pandemic
Consolidated Communication's award-winning ProConnect enables transportation logistics company to quickly adopt remote work during pandemic.
Consolidated Communications' ProConnect was named a recipient of the 2020 Unified Communications Excellence Award by INTERNET TELEPHONY magazine.
MATTOON, Ill., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. (Nasdaq: CNSL), a leading broadband and business communications provider, today announced that Bob Udell, president and chief executive officer, will present at the Citi 2021 Global TMT West Virtual Conference on Wednesday, Jan. 6 at 3 p.m. ET. Consolidated will also host one-to-one meetings at the conference.A live webcast and presentation materials will be available on the Company’s Investor Relations website at https://ir.consolidated.com/. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is a leading broadband and business communications provider serving consumers, businesses, and wireless and wireline carriers across rural and metro communities ...
More than 2,000 Danbury, Errol, Mason and Springfield residents and businesses to benefit from advanced broadband servicesMANCHESTER, N.H. , Dec. 17, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications (NASDAQ: CNSL), a top-10 fiber provider in the U.S., today announced the completion of new, high-speed, fiber-to-the-premises broadband networks to homes and businesses in the New Hampshire towns of Danbury, Errol, Mason and Springfield. More than 500 miles of fiber were constructed, serving more than 2,000 residents and businesses. In August, Consolidated was awarded $3.5 million from the state’s Connecting New Hampshire Emergency Broadband Expansion Program to bring enhanced and upgraded Internet services to these towns. Grants awarded through the program support the increased need fo...
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […]
Does the December share price for Consolidated Communications Holdings, Inc. ( NASDAQ:CNSL ) reflect what it's really...