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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Consolidated Communications Holdings Inc    CNSL

CONSOLIDATED COMMUNICATIONS HOLDINGS INC

(CNSL)
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Consolidated Communications : Works with AT&T to Reach New Residential Internet Services Customers in Northern New England

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01/11/2019 | 07:31am EDT

(GlobeNewswire) - Consolidated Communications (NASDAQ: CNSL), a leading broadband and business communications provider, today announced it has joined forces with AT&T* to give customers more ways to order Consolidated Communications residential Internet service by offering it through AT&Ts call centers and more than 50 retail stores throughout Northern New England.

Were delighted to work with an industry leader like AT&T to bring best-in-breed offerings to our mutual customers, said Rob Koester, vice president of product management, consumer services at Consolidated Communications. As customer relationships continue to evolve, it is vital that we recognize the value of expanding our sales channel with strategic alliances.

Customers who purchase Consolidated Communications Internet service at speeds up to 1 Gig through AT&T will receive the same high-quality Internet services and features as customers buying directly through Consolidated Communications. Additionally, DIRECTV satellite customers who bundle their DIRECTV service and Consolidated Communications Internet service through this program may be eligible for an additional monthly credit on their DIRECTV service for 12 months provided they meet certain requirements.

Consolidated Communications is responsible for the installation, maintenance, billing and customer service relationship with customers who order service through AT&T just as if the customer ordered directly through Consolidated Communications.

About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is a leading broadband and business communications provider serving consumers, businesses of all sizes, and wireless companies and carriers, across a 23-state service area. Leveraging its advanced fiber optic network spanning 38,000 fiber route miles, Consolidated Communications offers a wide range of communications solutions, including: data, voice, video, managed services, cloud computing and wireless backhaul. Headquartered in Mattoon, Ill., Consolidated Communications has been providing services in many of its markets for more than a century.

*About AT&T CommunicationsWe help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we innovate to improve lives. We have the best network according to Americas biggest test.** Were building FirstNet just for first responders and creating next-generation mobile 5G. With DIRECTV and DIRECTV NOW, we deliver entertainment people love to talk about. Our smart, highly secure solutions serve over 3 million global businesses nearly all of the Fortune 1000. And worldwide, our spirit of service drives employees to give back to their communities.

AT&T Communications is part of AT&T Inc. (NYSE:T). Learn more at att.com/CommunicationsNews.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.

2018 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

**Based on GWS OneScore Sept. 2018. Excludes crowd sourced studies.

Media Contact:Kate Rankin, Consolidated Communications207.535.4122, kate.rankin@consolidated.com

(c) All rights are reserved for National Iraqi News Agency / NINA 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
AT&T -0.15% 32.3 Delayed Quote.13.17%
CONSOLIDATED COMMUNICATIONS HOLDINGS INC 6.73% 4.76 Delayed Quote.-51.82%
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Financials ($)
Sales 2019 1 343 M
EBIT 2019 66,5 M
Net income 2019 -25,7 M
Debt 2019 2 281 M
Yield 2019 37,2%
P/E ratio 2019 -
P/E ratio 2020 52,13
EV / Sales 2019 1,92x
EV / Sales 2020 1,95x
Capitalization 301 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 6,44 $
Spread / Average Target 54%
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Managers
NameTitle
C. Robert Udell President, Chief Executive Officer & Director
Robert J. Currey Non-Executive Chairman
Gabe Waggoner Vice President-Operations
Steven L. Childers Chief Financial Officer & Treasurer
Tom White Chief Technology Officer
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