Consolidated CCI All Access App Supports 100 TV Everywhere Channels and OTT Content

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Consolidated Communications has launched a new TV app, dubbed CCI All Access, to support the company’s TV Everywhere offering. The CCI All Access app lets Consolidated Digital TV subscribers watch content on Apple and Android devices. The app is free for Consolidated Digital TV subscribers...Learn More

Consolidated Communications Completes FairPoint Acquisition

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July 3, 2017 — Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) announced today it has completed its acquisition of FairPoint Communications, Inc. (NASDAQ: FRP), an all-stock transaction valued at approximately $1.3 billion including debt and based on present equity value. The merger further positions the company...Learn More

Consolidated FairPoint Merger Gains All Approvals, Closing Set for July 3rd

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The Consolidated FairPoint merger has received all necessary regulatory approvals in the remaining 17 states impacted by the transaction. All federal regulatory approvals have been issued as well, paving the way for the deal to close next week, on July 3rd, the company announced. Both...Learn More

CEO: Consolidated Fairpoint Opportunities Include Fios Gigabit Upgrades

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Gigabit service could be coming to Fios fiber-to-the-home (FTTH) markets in northern New England when Consolidated Communications acquisition of Fairpoint Communications is completed, said Consolidated CEO Bob Udell yesterday. Although he cited a range of Consolidated Fairpoint opportunities, the possibility of upgrading the Fios markets...Learn More

Consolidated FairPoint Roadmap: 15 Mbps Capable Connections Will Be Upgraded First

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Consolidated Communications hopes to complete its acquisition of FairPoint in mid-summer, said Consolidated CEO Bob Udell yesterday. When that occurs, a Consolidated FairPoint roadmap will prioritize upgrading broadband lines currently capable of supporting speeds of 15 Mbps to support 20-100 Mbps, Udell told attendees at...Learn More

Consolidated FairPoint Merger Gets Shareholder Approval

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The proposed Consolidated FairPoint merger moved a step closer to completion today when shareholders of both companies approved the plan. The merger achieved close to 100% approval, with 96% and 98% of FairPoint and Consolidated voting shareholders, respectively, supporting the merger. The merger still requires...Learn More

$212 Million in Broadband Funding Awarded to 26 Carriers Including FairPoint, Frontier, and TDS

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The state of New York this week awarded nearly $212 million in funding to bring broadband to parts of the state where service is not available today or is only available at low speeds. The broadband funding awarded went to 26 companies, including cable companies,...Learn More

Consolidated Communications Secures Commitments for Acquisition Debt Financing

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MATTOON, Ill., Dec. 21, 2016 (GLOBE NEWSWIRE) — Consolidated Communications Holdings, Inc. (Nasdaq:CNSL) (“Company”) announced today that it secured a new incremental term loan facility for its pending acquisition of FairPoint Communications, Inc. (Nasdaq:FRP), an all-stock merger valued at approximately $1.5 billion, including debt, which...Learn More

2016: A Big Year for Telecom M&A

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The past year was a big one for telecom M&A. Telecompetitor covered more than two dozen mergers and acquisitions in 2016 and they involved numerous facets of the industry. Here’s a summary of key trends and how they are reshaping the communications service provider playing...Learn More

Lifeline Broadband Problems: Big Carriers Opt Out, Rural Carriers Struggle with Pricing

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The FCC’s decision to allow qualified low-income households to use funding from the Universal Service Lifeline program toward broadband service was welcomed back in March when it was made, but problems with the program are mounting. Key Lifeline broadband problems: big carrier participation and rural...Learn More

Consolidated: FairPoint Legacy Services Revenue Creates Growth Opportunity

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Consolidated Communications’ plan to purchase FairPoint communications, announced this week, would make Consolidated more dependent on legacy services – at least initially. Currently Consolidated gets 82% to 83% of its revenues from broadband and business services, but a combined Consolidated FairPoint would get only 72%...Learn More

Consolidated FairPoint Merger to Create Top Ten Fiber Provider in the U.S.

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An announced Consolidated FairPoint merger will create the ninth largest fiber provider in the U.S., according to company executives. The transaction is part of a rapidly consolidating broadband industry where carriers are looking to build scale and acquire fiber infrastructure. By acquiring FairPoint, Consolidated will...Learn More

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