Telecompetitor Arches

Windstream Completes Lexcom Acquisition

WindstreamWindstream announced its acquisition of Lexcom is now complete. Lexcom is a Lexington, NC based ILEC with approximately 23,000 access lines, about 9,000 high-speed Internet customers and about 12,000 cable TV customers. Windstream purchased Lexcom for $141 million in September 2009.

Lexcom is one of many telecom properties purchased by Windstream in the past few months. Others include D&E Communications, NuVox, and most recently, Iowa Telecom. According to Windstream, Lexcom generated $44 million in revenue, $15 million in operating income and $23 million in operating income before depreciation and amortization (OIBDA) in the twelve months ended Sept. 30, 2009.

SIMILAR STORIES

Capital Building
House Subcommittee Debates Moratorium on AI Regulation 
Learn more about this post
Partnership
Vero Broadband to Acquire BendTel
Learn more about this post
Puzzle
Midco Expands With Savage Communications (SCI) Acquisition
Learn more about this post