Consolidated Communications (CNSL) Misses Q4 EPS by 10c
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Consolidated Communications Reports Positive Broadband Net Adds for 2022 and Announces Fourth Quarter and Full Year 2022 Results
February 28, 2023 8:00 AM ESTConsumer fiber broadband net add growth for FY 2022 was 2.6x FY 2021 growth1 Consumer fiber broadband revenue grew 37%1 in FY 2022 driven by fiber net adds and increased ARPU Completed more than 400,000 Gigabit+ fiber upgrades for FY 2022 resulting in 1 million total Gig+ fiber locations or approximately 38% of the Companys network Closed on sale of Kansas assets for $82 million in Q4 resulting in net proceeds from strategic asset sales of over $600 million during 2022 Key leadership additions bring extensive fiber network and subscription based go-to-market expertise
MATTOON, Ill.--(BUSINESS... More
