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Broadband

Consolidated Communications lifts profit in Q2, boosted by data and broadband businesses

Thursday 30 July 2020 | 22:04 CET | News
US operator Consolidated Communications reported lower lower revenues but a higher profit in the second quarter, boosted by its continued debt reduction and expense containment. CEO Bob Udell said the business remained strong despite this "unprecedented" time and that it would continue with its strategy for continued growth, with high-return fibre investments and "innovative" public-private partnerships. The company withdrew its financial guidance for the full year during the last round of results, and is still not giving a forecast.

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Categories: Fixed
Companies: Consolidated Communications
Countries: United States
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