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Achieved record consumer fiber broadband net adds of 12,337, an increase of 60% versus the first quarter of 2022; Consumer broadband net adds were positive 2,404 Grew consumer fiber broadband revenue 56% 1 and increased ARPU 5.7% Completed 53,858 fiber upgrades to Gigabit+ spe...
2023-05-01 13:15:57 ET Consolidated Communications ( NASDAQ: CNSL ) is scheduled to announce Q1 earnings results on Tuesday, May 2nd, before market open. The consensus EPS Estimate is -$0.21 (-1150.0% Y/Y) and the consensus Revenue Estimate is $283M (-5.8% Y/Y). Over t...
Employees at Consolidated volunteered 6,600 hours in 2022; Company recognizes efforts during National Volunteer Week Consolidated Communications (Nasdaq: CNSL) is celebrating and thanking its employees for volunteering in the communities where they live and work, during National Volunte...
2023-04-13 17:22:00 ET Consolidated Communications ( NASDAQ: CNSL ) on Thursday confirmed the receipt of a non-binding $4/share buyout offer from shareholders Searchlight Capital Partners and British Columbia Investment Management. The company will establish a special comm...
Consolidated Communications (Nasdaq: CNSL) (“Consolidated” or the “Company”) today announced that its board of directors (the “Board”) received a non-binding proposal letter, dated April 12, 2023, from Searchlight Capital Partners, L.P. (together with i...
2023-04-13 15:03:51 ET Summary This is an interesting non-binding merger arb situation. Telecommunications provider Consolidated Communications has received an acquisition bid from a buyer consortium led by its largest shareholder Searchlight Capital Partners (owns 34%). The s...
2023-04-13 14:38:17 ET Summary The company should reject the $4 buy-out offer as the company has plenty of potential for the upcoming years. The company pivoted from a low margin copper-based communications business into a strong fiber business. The company operates in a marke...
2023-04-13 13:06:24 ET Gainers: CXApp ( CXAI ) +194% . Ocean Biomedical ( OCEA ) +50% . Consolidated Communications Holdings ( CNSL ) +41% . Amesite ( AMST ) +34% . SMX (Security Matters) Public Limited Company ( SMX ) +34% . ...
2023-04-13 08:22:55 ET Consolidated Communications ( NASDAQ: CNSL ) shares rose 23% premarket on Thursday after Searchlight Capital Partners and British Columbia Investment Management (BCI) made an offer to buy the remaining shares of the communication solutions provider. ...
2023-04-13 08:20:45 ET CXApp ( CXAI ) +56% . Ocean Biomedical ( OCEA ) +20% a nnounces notice of allowance for U.S. patent application for developing “whole new class” of Malaria therapeutics issued to scientific co-founder Dr. Jonathan Kurtis. ...
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Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its second quarter 2024 financial results on Tuesday, Aug. 6 before the market opens. The Company’s second quarter 2024 earnings press release will be available on its investor relations website at ...
New ranking recognizes Consolidated’s Fidium service for fast speeds, 100% fiber connection and competitive pricing Consolidated Communications (NASDAQ: CNSL), announced that Fidium Fiber , the company’s all fiber internet brand, has won CNET’s Best Internet...