Unions Ratify Labor Agreements in Northern New England

Rhea-AI Summary

The International Brotherhood of Electrical Workers and the Communication Workers of America have ratified new four-year labor agreements with Consolidated Communications, impacting approximately 900 workers in Northern New England. These agreements, effective until August 9, 2025, aim to enhance customer experience and support the company's fiber growth strategy, according to CEO Bob Udell. The contracts are designed to provide operational flexibility to meet customer needs while improving the company's sustainability.

Positive

• Ratification of four-year labor agreements improves employee stability.
• Agreements enhance operational flexibility, supporting customer service improvements.
• Aligns with the company's transformational fiber growth strategy.

Negative

• None.

Union members from the International Brotherhood of Electrical Workers (IBEW), Locals 2320, 2326 and 2327 and the Communication Workers of America (CWA), Local 1400 have ratified new, four-year agreements with Consolidated Communications, which cover approximately 900 workers in Northern New England.

“Our goal throughout these negotiations has been to secure labor agreements that improve the customer experience, and provide flexibility to efficiently meet our customer needs,” said Bob Udell, president and chief executive officer at Consolidated Communications. “This enables us to advance and execute on our transformational fiber growth plan while improving the sustainability of the company for all employees.”

The new contracts will run through Aug. 9, 2025.

About Consolidated Communications

Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the latest reliable communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning nearly 50,000 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support. Learn more at consolidated.com. Connect with us on social media.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210820005336/en/

FAQ

What labor agreements were ratified by Consolidated Communications and when do they expire?

Consolidated Communications ratified new four-year labor agreements on August 9, 2021, which will expire on August 9, 2025.

How many workers are affected by the new agreements with Consolidated Communications?

Approximately 900 workers in Northern New England are covered by the new agreements.

What is the purpose of the new labor agreements for Consolidated Communications?

The agreements aim to improve customer experience and provide operational flexibility to meet customer needs.

Who is the CEO of Consolidated Communications?

Bob Udell is the president and CEO of Consolidated Communications.