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CNSL Consolidated Communications Holdings Inc

4.32
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Consolidated Communications Holdings Inc NASDAQ:CNSL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.32 4.18 4.38 4.34 4.32 4.32 405,475 01:00:00

Consolidated Communications Completes Broadband Network Upgrades in Four New Hampshire Towns

17/12/2020 3:00pm

GlobeNewswire Inc.


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Consolidated Communications (NASDAQ: CNSL), a top-10 fiber provider in the U.S., today announced the completion of new, high-speed, fiber-to-the-premises broadband networks to homes and businesses in the New Hampshire towns of Danbury, Errol, Mason and Springfield. More than 500 miles of fiber were constructed, serving more than 2,000 residents and businesses.

In August, Consolidated was awarded $3.5 million from the state’s Connecting New Hampshire Emergency Broadband Expansion Program to bring enhanced and upgraded Internet services to these towns. Grants awarded through the program support the increased need for Internet connectivity due to the COVID-19 pandemic and the emphasis on distance learning, telework, telehealth and other remote services. The grant awarded to Consolidated - along with the company’s own investment of $1.5 million - funded the broadband projects.

“Access to high-speed Internet is critical and with the continued support of our state and federal partners, we will connect even more residences and businesses,” said Rob Koester, senior vice president, consumer product management at Consolidated Communications.

For towns like Mason, the network build-outs were timely, with many residents continuing to work remotely and schools transitioning to virtual learning.

“When our schools went entirely remote a few weeks ago, there were numerous families with concerns, especially those without any Internet options besides high-latency, data-capped satellite,” said Bill Schongar, chair of the Mason Broadband Committee. “Knowing fast and affordable Internet services would soon be available to them was the best holiday gift they could ask for.”

Consolidated recently announced plans to upgrade 300,000 locations in 2021 as part of its accelerated fiber build plan, which includes Northern New England. The availability of gigabit speeds will boost economic development, e-commerce and quality-of-life for hundreds of thousands of people and communities across the region.

For more information on the company’s network build plan and investments, which will significantly boost speeds and result in an exceptional customer experience, visit consolidated.com/future.

About Consolidated CommunicationsConsolidated Communications Holdings, Inc. (NASDAQ: CNSL) is a leading broadband and business communications provider serving consumers, businesses, and wireless and wireline carriers across rural and metro communities and a 23-state service area. Leveraging an advanced fiber network spanning 46,300 fiber route miles, Consolidated Communications is a top-10 fiber provider in the U.S. offering a wide range of communications solutions, including: high-speed Internet, data, phone, security, managed services, cloud services and wholesale, carrier solutions. From our first connection 125 years ago, Consolidated is dedicated to turning technology into solutions, connecting people and enriching how they work and live. Visit www.consolidated.com for more information.

Contact: Shannon Sullivan, Consolidated Communications603-656-1521, shannon.sullivan@consolidated.com

Jennifer Spaude, Consolidated Communications507-386-3765, jennifer.spaude@consolidated.com

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