Consolidated Communications Holdings Inc. (NASDAQ:CNSL) Q2 2014 Earnings Conference Call July 31, 2014 11:00 AM ET Executives Matt Smith - Treasurer and VP Bob Currey - Chairman and CEO Steve Childers - CFO Bob Udell - President and COO Analysts Frank Louthan - Raymond James & Associates Barry Sine - Drexel Hamilton Donna Jaegers - D.A. Show More Summary
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.
Enventis, which is in the process of being acquired by fellow independent ILEC Consolidated Communications, saw that the fiber and data segment played a starring role in its portfolio, with revenues rising 5 percent year-over-year to $17.8 million.
Another big TV consolidation deal is in the works. Tonight, Cincinnati-based E.W. Scripps, and Journal Communications of Milwaukee, announced they will merge their broadcasting operations, while spinning off their newspaper businesses into a new entity. Show More Summary
A centerpiece of House Budget Committee Chairman Paul Ryan’s new poverty plan would consolidate 11 safety-net and related programs — from food stamps to housing vouchers, child care, and the Community Development Block Grant (CDBG) — into a single block grant to states. Show More Summary
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 mar...
Two publicly held regional network operators are joining forces according to an announcement this morning. Consolidated Communications and Enventis have agreed to an all stock transaction, with Consolidated buying Enventis’s outstanding shares for a sum total of $350M. … [visit site to read more]
Consolidated Communications might not be nearly the size of its larger ILEC counterparts, such as CenturyLink and Windstream, but the telco has adopted a similar growth strategy that includes a mix of organic growth and the acquisition of other complementary properties.
TDS Telecom has begun the process of shedding four of its independent ILEC companies to Direct Communications, signaling yet another sign of the rapidly consolidating independent telco market segment.
ByBottom Up Investing: Verizon Communications Inc. (VZ) reported solid first-quarter results. The strength of the business continues to be the Wireless segment with the Wireline segment being a drag on consolidated results. Additionally, growth in the FiOS segment slowed in the first quarter. Show More Summary
Comcast EVP David Cohen just made the comment in a remarkably thorough and thoughtful discussion of his company’s views about Internet policy and media consolidation at the first MoffettNathanson Media & Communications Summit. Bullet...Show More Summary
Consolidated Communications Holdings Inc (CNSL) Q1 2014 Earnings Conference Call May 1, 2014 11:00 AM ET Executives Matthew K. Smith – Treasurer, VP and Director-Investor Relations Robert J. Currey – Chairman and Chief Executive Officer Steven L. Show More Summary
Consolidated Communications reported that a 21 percent rise in Metro Ethernet revenue drove up overall first-quarter 2014 data, video and Internet services revenue to $68.2 million.
With the assistance of jedi cable master John Malone, Charter Communications may be back in play as part of the biggest cable consolidation effort in history.
With Moscow consolidating its hold on Crimea, the U.S. State Department is suspending approval of defense exports to Russia, a move that could prevent the launch of U.S. commercial communications satellites on Russian rockets.“StateShow More Summary
A few months ago, Google took a huge step towards total consolidation of its mobile communication suite as Hangouts acquired SMS functionality. According to 9to5Google, the company is planning to drop Google Voice next, integrating its features with Hangouts as well. Show More Summary
Google is said to be planning to roll Google Voice features into Hangouts, its cross-platform communication app, possibly in time for Google I/O, according to a new report from 9to5Google. The Hangouts app got voice calling a littleShow More Summary
Level 3 Communications has a reputation for being one of the aggressive consolidators of the wireline service provider market, but CEO Jeff Storey told investors that the company has the right mix of assets and products to compete.
Trulia has refashioned the way it displays new-home listings on its search results and property detail pages to more accurately label homes by type and consolidate information about a new-home listing’s community. Up until now, Trulia treated new-home listings as...