Consolidated Communications

Consolidated Communications
Formerly called
 Enventis, HickoryTech, SureWest Communications, Roseville Telephone Company, North Pittsburgh Telephone Company, North Pittsburgh Systems, Inc., TXU Communications, Fort Bend Telephone Company, Lufkin-Conroe Telephone Exchange, Illinois Consolidated Telephone Company, Mattoon Telephone Company (1914–2003)
Traded as NASDAQ: CNSL
S&P 600 Component
Industry Telecommunications
Founded 1894 (1894) as the Mattoon Telephone Company in Mattoon, Illinois, United States
Founder Iverson A. Lumpkin
Headquarters Mattoon, Illinois, United States
Area served
 11 states: California, Kansas, Missouri, Illinois, Texas, Pennsylvania, Minnesota, Iowa, North Dakota, South Dakota and Wisconsin.
Products Residential Digital TV, High-Speed Internet, phone, Home Automation and Security Services. Commercial Internet, Voice, Managed & Hosted, Cloud and IT Services.
Revenue Decrease US$ 742.2 million (2016) [1]
Decrease US$ 87.4 million (2016) [1]
Increase US$ 8.4 million (2016) [1]
Total assets Decrease US$ 2,092.8 billion (2016) [1]
Total equity Decrease US$ 171.0 million (2016) [1]
Number of employees
 1,676 (2016) [1]
Website www.consolidated.com

Consolidated Communications, Inc. is an American telecommunications company based in Mattoon, Illinois, serving 11 states – California, Kansas, Missouri, Illinois, Texas, Pennsylvania, Minnesota, Iowa, North Dakota, South Dakota and Wisconsin.

CCI offers residential Digital TV, High-Speed Internet, phone, Home Automation and Security Services. CCI also offers commercial services for businesses of all sizes with data and Internet, Voice, Managed & Hosted, Cloud and IT services.

In July 2016, Consolidated Communications completed a merger with Champaign Telephone Company and its sister company, Big Broadband Services, a private business communications provider in the Champaign–Urbana metropolitan area.

In December 2016, Consolidated Communications announced that it would purchase FairPoint Communications for $1.5 billion including assumption of debt.[2]

See also

References

  1. 1 2 3 4 5 6 https://finance.yahoo.com/quote/CNSL/financials?p=CNSL
  2. ↑ Consolidated Communications to buy FairPoint in $1.5 billion deal Reuters, December 5, 2016
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