Welcome to our dedicated page for Consolidated Comm Hldgs news (Ticker: CNSL), a resource for investors and traders seeking the latest updates and insights on Consolidated Comm Hldgs stock.
Consolidated Communications Holdings Inc. (NASDAQ: CNSL) delivers essential broadband and business communication services through its 45,850-mile fiber-optic network across 23 U.S. states. This page provides authorized updates on corporate developments, financial disclosures, and technology initiatives critical for stakeholders.
Investors and industry professionals will find timely press releases covering earnings announcements, infrastructure investments, strategic partnerships, and regulatory compliance updates. Our curated collection ensures access to primary source materials without editorial commentary.
Key focus areas include network expansion projects, enterprise cloud solutions, and innovations in wireless backhaul technology. All content maintains strict neutrality while providing the factual basis for informed decision-making.
Bookmark this page for direct access to CNSL's official communications, including SEC filings and management commentary. Regular updates ensure you stay informed about this telecommunications provider's evolving market position.
Fidium Fiber, part of Consolidated Communications, now offers 2 Gigabit internet service and WiFi 6 across eight states without data caps or contracts.
Customers can enjoy symmetrical speeds up to 2 Gigs, ideal for heavy users. Fidium's pricing is straightforward: $70 for 1 Gig and $165 for 2 Gig plans, including equipment. All plans feature a mesh WiFi experience, proactive monitoring, and easy installation. Fidium is dedicated to delivering the best internet experience, emphasizing customer satisfaction and innovation.
Consolidated Communications (NASDAQ: CNSL) announced that CEO Bob Udell will present at the Wells Fargo Streaming & Connectivity Day Conference on June 14, 2022, at 10:15 a.m. ET. The event will feature one-to-one meetings with investors and a live webcast available at Consolidated's Investor Relations website.
As a leading U.S. fiber provider, Consolidated delivers a range of communications solutions, including high-speed internet and cloud services, supported by over 50,000 fiber route miles.
Consolidated Communications (NASDAQ: CNSL) has announced that construction is underway in Bennington County, Vermont, allowing 12,000 homes to access Fidium Fiber gig-speed internet for $70/month. This service offers symmetrical speeds that are 10 times faster than the national average. The first phase of the project aims to serve 400 unserved homes with a partnership involving state funding and the Rural Digital Opportunity Fund. Consolidated aims to expand fiber internet to 200,000 homes by 2025.
Consolidated Communications (NASDAQ: CNSL) announced a partnership with Searsport and a $2 million ConnectMaine grant to expand Fidium Fiber internet service in rural Maine. This initiative aims to bring gigabit fiber internet to 2,000 homes, significantly enhancing broadband accessibility in the region. The company plans to connect over 450,000 homes across Maine by 2025. Fidium offers high-speed plans starting at $35 per month, facilitating better work, education, and entertainment opportunities for residents.
Consolidated Communications (CNSL) reported a record addition of 8,000 fiber subscribers in Q1 2022, achieving net positive broadband connections in Northern New England. The company built fiber to 83,700 new locations, totaling 690,000 or 25% of its service area. While revenues reached $300.3 million, adjusted EBITDA was $107.2 million. However, a non-cash impairment charge of $126.5 million led to a GAAP net loss of $125.3 million. The company expects to close sales of its Ohio and Kansas City assets to support fiber expansion, reaffirming its 2022 outlook with EBITDA guidance of $410-$425 million.
Consolidated Communications (NASDAQ: CNSL) is expanding its Fidium Fiber internet service to 50 markets across California, Illinois, Minnesota, Pennsylvania, and Texas. More than 300,000 homes will gain access this month, with an additional 93,000 by year-end 2022. Fidium offers high-speed internet with speeds up to 10 times faster than the national average for just $70 per month, including installation. This expansion allows approximately 25% of Consolidated's service area to access Fidium, enhancing community connectivity and economic development.
Consolidated Communications (NASDAQ: CNSL) is enhancing broadband access through the federal Affordable Connectivity Program (ACP), offering eligible households a credit of up to
Consolidated Communications (NASDAQ: CNSL) has signed its first two community solar agreements, enhancing its sustainability initiatives. The contracts, located in Maine and Minnesota, aim to generate significant renewable energy credits, supporting local economies and environmental conservation. The Maine subscription of 5.3 MW could produce 6.47 million kWh annually, sufficient to power 603 U.S. households. Meanwhile, the Minnesota agreements will yield 3.09 million kWh for 288 households. The company intends to formalize its emissions footprint study to implement future sustainability projects.
Consolidated Communications announced its Fidium Fiber service expansion in Maine, aiming to be the largest Fiber-to-the-Home provider in the state. Fidium, offering gigabit speeds without data caps for
Consolidated Communications (NASDAQ: CNSL) will announce its first quarter 2022 financial results on May 5, ahead of market opening. A live webcast and conference call will take place at 7:30 a.m. CT, allowing analysts and investors to engage in a Q&A session. The relevant materials, including the earnings release and investor presentation, will be accessible on the company's Investor Relations website. A phone replay of the call will be available until May 16.
