Consolidated Communications Holdings

Consolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin on August 10, 1894 and is headquartered in Mattoon, IL.

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Consolidated Communications excels in fiber expansion, faces EBITDA challenges

Consolidated Communications is making significant strides in its transformation to a leading fiber broadband provider, with a strong focus on expanding fiber coverage and growing the customer base. While facing challenges such as EBITDA reduction and revenue uncertainty, the company is optimistic about growth opportunities through strategic priorities and government funding support.

Consolidated Communications reports strong Q1 performance driven by fiber growth

Consolidated Communications Holdings demonstrated strong performance in Q1 with notable achievements in consumer broadband and revenue growth.
While facing challenges in revenue diversification and commercial segment performance, the company's focus on fiber technology and sustainability presents opportunities for future growth.
With a strategic emphasis on fiber build and digital transformation, CNSL is well-positioned to capitalize on market trends and drive long-term success.
Management's commitment to transparency and growth, coupled with positive customer metrics, underpin CNSL's optimistic outlook for the future.

Consolidated Communications reports strong Q2 performance and growth opportunities

Consolidated Communications delivered a robust performance in Q2 driven by consumer fiber and broadband growth.
While facing challenges in commercial revenue decline, the company is proactively managing costs and focusing on expansion.
Opportunities lie in EBITDA growth targets, fiber network expansion, government partnerships, and consumer revenue enhancement.
Maintaining financial stability and strategic growth initiatives position the company well for future success.

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Consolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin in 1894 and is headquartered in Mattoon, IL.

NEW YORK , Nov. 24, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share sale of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) to its largest shareholder, private equity firm Searchlight Capital. The firm has already identified potential conflicts of interest, and recent SEC filings suggest the deal price is grossly unfair.

CNSL MERGER UPDATE: Is $4.70 Per Share Fair? Shareholders Seeking More Money Should Contact Julie & Holleman LLP Regarding Potential Claims

SAN FRANCISCO--(BUSINESS WIRE)--Berman Tabacco, a national law firm representing investors, is investigating Consolidated Communications Holdings, Inc., a Delaware corporation, (“Consolidated Communications” or the “Company”) (NASDAQ: CNSL) in connection with a take-private acquisition announced by the Company on October 16, 2023. About the Investigation On October 16, 2023, Consolidated Communications announced that, on October 15, 2023, the Company entered into an agreement to be acquired in.

Berman Tabacco Announces Investigation of Consolidated Communications Holdings, Inc. (CNSL) for Potential Breaches of Fiduciary Duty

NEW YORK , Nov. 8, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ: CNSL). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of CNSL to affiliates of Searchlight Capital Partners, L.P.

CNSL ALERT: Levi & Korsinsky, LLP Announces an Investigation into Consolidated Communications Holdings, Inc.

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the third quarter of 2023. Third Quarter 2023 Results Revenue totaled $283.7 million Overall consumer revenue was $115.2 million Consumer fiber revenue was $34.0 million Total consumer broadband net adds were 9,392 Consumer broadband revenue was $75.1 million Commercial data services revenue was $53.9 million.

Consolidated Communications Announces Third Quarter Financial Results

Wildcat Urges Stockholders to Vote AGAINST Proposed Transaction Which it Believes Greatly Undervalues Consolidated Communications Wildcat Continues to Support Company's Strategy to Generate Significant Returns as a Standalone Public Entity NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Wildcat Capital Management, LLC (together with its affiliates, "Wildcat"), which beneficially owns approximately three million shares of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ:CNSL), today issued an open letter to CNSL's Board of Directors opposing the Company's proposed transaction with affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, announced on October 16, 2023.

Wildcat Capital Management Sends Letter to Consolidated Communications' Board of Directors Opposing Take Private Transaction at $4.70 Per Share

Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings , said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider.

Consolidated Communications shareholder Wildcat opposes $3.1 bln take-private deal

EngageSmart LLC

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: EngageSmart, Inc. (NYSE: ESMT)'s  sale to an affiliate of Vista Equity Partners for $23.00 per share in cash. If you are an EngageSmart shareholder, click here to learn more about your rights and options.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ESMT, CNSL

LOS ANGELES, CA / ACCESSWIRE / October 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Consolidated Communications Holdings, Inc. ("Consolidated Communications" or "the Company") (NASDAQ:CNSL) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Consolidated Communications board breached its fiduciary duties to shareholders.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Consolidated Communications Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Consolidated Communications Holdings, Inc. ("Consolidated Communications" or "the Company") (NASDAQ:CNSL) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Consolidated Communications board breached its fiduciary duties to shareholders.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Consolidated Communications Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK , Oct. 26, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share sale of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) to affiliates of Searchlight Capital and British Columbia Investment Management Corporation. The firm has already uncovered potential conflicts of interest and believes the deal price may be unfair to Consolidated's minority shareholders.

Consolidated Communications Merger Alert: Is $4.70 Fair? Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Potential Claims

NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share acquisition of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) by the company's largest shareholder, private equity firm Searchlight Capital. The firm is concerned about the price being offered as well as potential conflicts of interest.

CNSL ALERT: Is $4.70 Fair? Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Claims Related to Sale to Searchlight

PHILADELPHIA , Oct. 18, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) ("Consolidated Communications") on behalf of the company's shareholders. On October 16, 2023, Consolidated Communications announced that it had agreed to a privatization buyout at $4.70 per share in cash – a discount of approximately 15% to the company's 52-week high price of $5.55 per share.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) and Encourages Investors to Contact the Firm

MILWAUKEE , Oct. 17, 2023 /PRNewswire/ -- Ademi LLP is investigating Consolidated Communications (NASDAQ: CNSL) for possible breaches of fiduciary duty and other violations of law in its transaction with Searchlight and BCI. Click here to learn how to join the action https://www.ademilaw.com/case/consolidated-communications-holdings-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Consolidated Communications Holdings, Inc. has obtained a Fair Price in its transaction with Searchlight and BCI

Affiliates of a private equity firm are taking the company private. Consolidated is running up against obstacles in completing its fiber expansion.

Why Consolidated Communications Stock Jumped Today

NEW YORK , Oct. 16, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share acquisition of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) by the company's largest shareholder, private equity firm Searchlight Capital. The firm is concerned about the price being offered as well as potential conflicts of interest.

CNSL SPECIAL ALERT: Consolidated Communications Shareholders Interested in Pursuing Legal Claims Should Contact Julie & Holleman Regarding Sale to Searchlight

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) to affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation (“BCI”) for $4.70 per share in cash is fair to Consolidated Communications shareholders. Halper Sadeh encourages Consolidated Communications shareholders to click here to learn more about their legal rights and options or c.

CNSL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Consolidated Communications Holdings, Inc. Is Fair to Shareholders

Consolidated Communications Holdings Inc. CNSL, -1.12% said Monday it agreed to be taken private by affiliates of Searchlight Capital Partners LP and British Columbia Investment Management Corp in an all-cash deal that values the Mattoon, Ill.-based broadband company at $3.1 billion.

Consolidated Communications Holdings to be acquired by two private-equity firms

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (“Consolidated Communications” or the “Company”), a top 10 fiber provider in the United States, today announced that it has entered into a definitive agreement (the “Agreement”) to be acquired by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) in an all-cash transaction with an enterprise value of approximately $3.1 billion, in.

Consolidated Communications Announces Agreement to be Acquired by Searchlight Capital Partners and British Columbia Investment Management Corporation

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Consolidated Communications Holdings, Inc. (NASDAQ:CNSL ) Q2 2023 Results Conference Call August 8, 2023 8:30 AM ET Company Participants Philip Kranz - Senior Director of Investor Relations Bob Udell - President and Chief Executive Officer Fred Graffam - Chief Financial Officer Conference Call Participants Michael Rollins - Citi Operator Good morning. My name is Sarah, and I will be your conference operator today.

Consolidated Communications Holdings, Inc. (CNSL) Q2 2023 Earnings Call Transcript

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the second quarter of 2023. “With an improved go-to-market strategy, we have great momentum, as evidenced by 18,651 consumer fiber net adds in the second quarter and nearly 7,000 overall consumer broadband net adds, representing 190% growth versus the first quarter,” said Bob Udell, president and chief execut.

Consolidated Communications Announces Second Quarter Financial Results; Delivers 93% Growth in Consumer Fiber Net Adds

NEW YORK--(BUSINESS WIRE)--Palisade Infrastructure Announces Transaction with Consolidated Communications.

Palisade Infrastructure Announces Transaction with Consolidated Communications

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (Nasdaq: CNSL) will release its second quarter 2023 financial results on Tuesday, Aug. 8 before the market opens. The Company will host a live conference call and webcast on the same day at 7:30 a.m. CT. A link to the live webcast along with the Company's earnings release, investor presentation, and related materials will be available on Consolidated's Investor Relations website at https://ir.consolidated.com. Analysts and investors in.

Consolidated Communications to Release Second Quarter 2023 Earnings on Aug. 8

Shares of Consolidated Communications spiked by 16.1% following a report by Wildcat Capital Management, which owns 2.6% of the company's shares, arguing that the company is undervalued. Wildcat's assessment suggests that CNSL stock should be worth at least $14 each, significantly higher than the $4 per share buyout offer made by Searchlight Capital Partners and British Columbia Investment Management in April. Wildcat's valuation is based on Consolidated Communications' ongoing upgrade from copper to fiber networks, which is expected to increase revenue and customer base.

Consolidated Communications Stock Skyrockets: It Should Rise Even More

Wildcat Capital Management Supports the Company's Strategy as a Standalone Public Entity Believes the Current "Take Private" Proposal Significantly Undervalues Consolidated Communications NEW YORK , July 12, 2023 /PRNewswire/ -- Wildcat Capital Management, LLC (together with its affiliates, "Wildcat"), which beneficially owns approximately 2.6% of the outstanding shares of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ:CNSL), today sent a letter to the Special Committee of CNSL's Board of Directors regarding its significant concerns with the non-binding takeover offer, dated April 12, 2023, from Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation.

Wildcat Capital Management Issues Letter to Consolidated Communications' Special Committee Urging it to Reject the Recent "Take Private" Proposal at $4.00 Per Share

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