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Consolidated Communications improves margins, leverage in Q3

Thursday 31 October 2019 | 14:31 CET | News
US fixed operator Consolidated Communications posted a small net profit for the third quarter, as cost reductions helped offset a continued fall in revenues. The company said it reduced leverage to 4.39x EBITDA in the quarter and is working hard to get below 4.0x ahead of debt refinancing due by mid-2021. 

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Categories: Fixed
Companies: Consolidated Communications
Countries: United States
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