Two telecommunications companies announced closures of small ILEC divestitures on the last day of July. Though they were announced on the same day, it seems more likely that they are related to the specifics faced by the parties and are…
Fairpoint
Consolidated: 50-60 Mbps is the Broadband Sweet Spot
Consolidated Communications offers some of the highest broadband speeds of any local service provider, but Fairpoint — the company Consolidated acquired last year — had some of the lowest, noted Consolidated CFO Steve Childers yesterday in an investor presentation focused…
Consolidated Broadband Upgrades Target Former FairPoint Markets
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…
FairPoint Brand is Formally Retired, Consolidated Focuses on Upgrading Broadband
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…
New NY Broadband Funding Winners Include Frontier, Windstream, TDS, Hughes, Others
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…
FairPoint Communications Adds Virtual Customer Premises Equipment, Creating Virtual Router Solutions
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…
Consolidated CCI All Access App Supports 100 TV Everywhere Channels and OTT Content
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…
Consolidated Communications Completes FairPoint Acquisition
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…
Consolidated FairPoint Merger Gains All Approvals, Closing Set for July 3rd
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…
CEO: Consolidated Fairpoint Opportunities Include Fios Gigabit Upgrades
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…
Consolidated FairPoint Roadmap: 15 Mbps Capable Connections Will Be Upgraded First
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…
Consolidated FairPoint Merger Gets Shareholder Approval
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…
Page 1 of 7
Next