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Consolidated Communications Holdings inc   (CNSL)
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    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $4.3100 $0.00 0.000%
Day's High: $4.34 Week Perf: 0.00
Day's Low: $ 4.31 30 Day Perf: -0.69 %
Volume (M): 744 52 Wk High: $ 4.65
Volume (M$): $ 3,206 52 Wk Avg: $3.80
Open: $4.33 52 Wk Low: $2.10



 Market Capitalization (Millions $) 489
 Shares Outstanding (Millions) 113
 Employees 4,175
 Revenues (TTM) (Millions $) 1,131
 Net Income (TTM) (Millions $) -238
 Cash Flow (TTM) (Millions $) -372
 Capital Exp. (TTM) (Millions $) 547

Consolidated Communications Holdings Inc
Consolidated Communications Holdings, Inc. (CNSL) is a leading telecommunications company headquartered in Illinois, United States, providing high-speed internet, voice, video and data services to residential, business and wholesale customers. The company serves customers in 24 states and has a fiber network of approximately 37,000 route miles, reaching more than 11,000 on-net buildings.

History and Development:

Consolidated Communications was founded in 1894 as the Mattoon Telephone Company in Mattoon, Illinois, with 50 subscribers. Over the next several decades, the company expanded its operations through various mergers and acquisitions, becoming the largest independent phone company in Illinois. In 2005, the company changed its name to Consolidated Communications Holdings, Inc. and went public on the NASDAQ stock exchange.

Since then, the company has grown through a series of acquisitions, including SureWest Communications in 2012 and FairPoint Communications in 201 These acquisitions have allowed Consolidated Communications to expand its core fiber network, diversify its revenue streams and establish a broader customer base.

Products and Services:

Consolidated Communications offers a wide range of services including High-speed Internet, Voice Services, Video Services and Data and Managed Services. High-speed internet is offered through Fiber and DSL, which allows the company to provide reliable and fast internet speeds to customers across its network footprint. Additionally, the company offers Voice services, which includes local and long-distance calling, voicemail, and other features. The Video Services provided by Consolidated includes cable TV, with varying channel lineups including HD and DVR equipment. Finally, Data and Managed Services include solutions for businesses, like Ethernet connectivity, cloud solutions, data center hosting, and security, providing custom-designed solutions relying on integrated solutions.

Competitive Positioning:

Consolidated Communications operates in a highly competitive market, competing for customers with other major telecommunications companies such as AT&T, Verizon Communications, Comcast, and Charter Communications. However, the company's focus on investments in fiber network developments enables them to provide a reliable and high-quality internet experience, differentiating them from rivals who struggle to provide the same consistency. Additionally, Consolidatedes belief in transparency and value for the end consumer has been an effort to maintain an active customer satisfaction rating.

Conclusion:

Consolidated Communications Holdings, Inc. is a leading player in the telecommunications industry, providing a range of services to customers across the United States. Its focus on fiber network development lays a foundation for the organization to provide new opportunities that to further differentiate it in this constantly developing market. The company is poised for growth, having diversified its revenue streams and established a strong foothold in its respective markets. While competition in the industry remains fierce, Consolidated Communications business model is evolved to enhance their value proposition towards their customer base, empowering the future of the company.


   Company Address: 2116 South 17th Street Mattoon 61938 IL
   Company Phone Number: 235-3311   Stock Exchange / Ticker: NASDAQ CNSL
   


   

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Product Service News

Consolidated Communications Garner the Coveted Best-in-Class Employer Recognition for Third Consecutive Year

Published Thu, Feb 15 2024 2:00 PM UTC

Consolidated Communications, a prominent broadband and business communications provider, has recently been honored with the esteemed title of Best-in-Class Employer by Gallagher for the third consecutive year. This recognition is a testament to the company's commitment to implementing successful strategies that effectively manage its workforce and programs.Gallagher, with i...

Consolidated Communications Holdings Inc

Consolidated Communications Holdings Inc Faces Uphill Battle as Revenue Decline Affects Performance in Q3 2023



Consolidated Communications Holdings Inc, a leading provider of business and broadband communications services, faced challenging times in the third quarter of 2023 as lower revenue resulted in diminishing returns. The company witnessed a decline in revenue, loss per share, and net income, reflecting a complex business environment. This article examines the financial results and places them in the context of Consolidated Communications' market performance.
Lower Revenue Impacts Performance:
From July to September 30, 2023, Consolidated Communications Holdings Inc experienced a revenue decline of 4.371%, amounting to $283.65 million. This was in stark contrast to the same period the previous year when revenue stood at $296.8 million, representing a decrease of around $13 million. The downward trend in revenue can be attributed to various factors, including intensified competition and market challenges.

Consolidated Communications Holdings Inc

Consolidated Communications Holdings Inc Delivers a Remarkable Comeback, Defying Revenue Depreciation in Q2 of 2023!



Consolidated Communications Holdings Inc recently released its financial results for the period ending June 30, 2023. The numbers indicate a significant decrease in revenue and a higher shortfall, primarily attributed to lower orders. These outcomes raise concerns about the company's future prospects and its ability to sustain its operations effectively.
Dwindling Revenue and Higher Shortfall:
In the second quarter of 2023, Consolidated Communications Holdings Inc experienced a decline in revenue, dropping by 7.784% to $275.16 million. This decrease is significant when compared to the same period last year when revenue reached $276.13 million. The decline in revenue can be attributed to lower orders, indicating that the company's products and services may not be as in-demand as they once were.

Consolidated Communications Holdings Inc

Consolidated Communications Holdings Inc Faces a Stellar Reversal in Profits Amidst Competitive Landscape and Economic Struggles

Consolidated Communications Holdings Inc (CNSL), a telecommunications company based in the United States, recently reported a disappointing financial time-frame ending March 31, 2023. The company slipped into a deficit of $-0.42 per share, compared to $0.13 per share a year ago. Additionally, earnings per share fell from $2.45 in the previous reporting period.
Furthermore, CNSL's revenue significantly decreased by -13.299% to $276.13 million from $318.48 million in the same reporting period a year ago. Sequentially, revenue decreased by -6.909% from $296.62 million. For the financial time-frame ending March 31, 2023, CNSL logged a net deficit of $-36.961 million, instead of the net income of $14.960 million reported in the same reporting period a year before.
This significant financial loss for CNSL may be attributed to various factors. One potential factor could be increased competition in the telecommunications industry, resulting in lower profits for the company. Additionally, the COVID-19 pandemic may have played a role in this loss, as it has caused significant economic disruption for many businesses.
Despite the disappointing financial report, CNSL remains a strong player in the telecommunications industry. The company offers a wide range of services, including voice services, data services, and managed services. Additionally, CNSL has a presence in 23 states across the United States, making it a significant player in the industry.






 

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