Consolidated Communications (CNSL) Tops Q3 EPS by 18c

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Go back to Consolidated Communications (CNSL) Tops Q3 EPS by 18c

Consolidated Communications Reports Third Quarter 2021 Results

October 28, 2021 8:00 AM EDT

Delivering on fiber upgrade strategy with speed and agility to meet consumer needs for reliable, high-speed broadband services.

Completed 97,000 fiber upgrades in third quarter; on track to upgrade over 300,000 fiber locations in 2021 and extend fiber services to 70% of Companys footprint by 2025. Increased fiber net adds 20% year to date, added approximately 11,000 consumer fiber Gig-capable subscribers in 2021.

Company announced agreement to sell non-core Ohio business, consistent with portfolio review.

Final stage of Searchlight investment expected to close in fourth quarter 2021.

MATTOON, Ill.--(BUSINESS... More