Consolidated Broadband Upgrades Target Former FairPoint Markets

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Just after announcing the retirement of the FairPoint brand, Consolidated Communications announced broadband upgrade plans for their northeast markets. These Consolidated broadband upgrades will improve broadband speeds to over 500K locations in former FairPoint markets. The upgrades are courtesy of fiber network expansion in these...Learn More

FairPoint Brand is Formally Retired, Consolidated Focuses on Upgrading Broadband

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Another telecommunications brand will fade away, starting today, as Consolidated Communications will retire the FairPoint brand and begin operating as Consolidated Communications in former FairPoint territories. Consolidated acquired FairPoint for $1.3 billion (including debt) in July 2017. The combined company now operates in 24 states...Learn More

New NY Broadband Funding Winners Include Frontier, Windstream, TDS, Hughes, Others

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While Verizon’s $82 million funding was the big news from the recent New NY broadband funding announcement, other carriers also received funding for rural New York – including Frontier, Hughes Network Systems, TDS Telecom, Windstream and numerous smaller carriers. Funding also went to Fairpoint Communications,...Learn More

FairPoint Communications Adds Virtual Customer Premises Equipment, Creating Virtual Router Solutions

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FairPoint Communications, now a Consolidated Communications subsidiary, has launched an NFV-based virtual Customer Premises Equipment (vCPE) solution. This vCPE routing solution brings scalibility, accelerated provisioning and built-in geographic diversity, while also eliminating the need for traditional on-premises routing hardware, moving traditional router functions into the...Learn More

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

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