Consolidated Communications (CNSL) Tops Q4 EPS by 9c

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Consolidated Communications Reports Fourth Quarter and Full-Year 2021 Results

March 3, 2022 8:00 AM EST

Exceeded fiber build target for 2021 and completed more than 330,000 upgrades to Gigabit+ speeds.

Launched new consumer Fidium brand with superior customer experience, reinforcing the Companys broadband-first strategy.

Closed on final stage of the Searchlight Capital Partners investment in fourth quarter of 2021.

Subsequent to quarter-end, Company signed agreement to sell Kansas City assets and completed the sale of the Companys Ohio operations for $26 million in proceeds.

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