Market Capitalization (Millions $) |
537 |
Shares
Outstanding (Millions) |
114 |
Employees |
3,180 |
Revenues (TTM) (Millions $) |
1,098 |
Net Income (TTM) (Millions $) |
-197 |
Cash Flow (TTM) (Millions $) |
-73 |
Capital Exp. (TTM) (Millions $) |
434 |
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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