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Consolidated Communications posts Q2 loss on higher financing costs, lower revenues

Thursday 29 July 2021 | 14:37 CET | News
Consolidated Communications reported a net loss of USD 55 million for the second quarter, compared to a profit of USD 14 million a year earlier, after a drop in revenues and rise in financing costs. Adjusted EBITDA declined 6 percent to USD 127 million, amid higher marketing costs for the fibre roll-out, and revenues fell 1.5 percent to USD 320 million on the erosion in legacy voice and TV services.

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Categories: Fixed
Companies: Consolidated Communications
Countries: United States
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