0
Broadband

Consolidated Communications sees drop in EBITDA in 2021 on fibre expansion costs

Thursday 25 February 2021 | 15:14 CET | News
US operator Consolidated Communications reported another 1 percent increase in adjusted EBITDA in Q4 2020, to USD 132.3 million, while revenues fell 1.5 percent to USD 326.1 million. After completing its recent financing, the company is moving ahead with plans to accelerate investment in fibre and said this will lead to a drop in EBITDA in 2021 due to the extra costs. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Consolidated Communications
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Consolidated Communications cuts interest payments with loan refinancing

Published 06 Apr 2021 10:18 CET | United States
US regional operator Consolidated Communications announced a refinancing of its term loan due October 2027, reducing its interest ...

Consolidated Communications to bring fibre to more New Hampshire towns

Published 25 Mar 2021 17:31 CET | United States
US operator Consolidated Communications said it has been selected to build new fiber-to-the-premises (FTTP) internet networks in ...

Consolidated Communications prices USD 400 mln offering

Published 05 Mar 2021 10:58 CET | United States
US operator Consolidated Communications has priced an offering of USD 400 million worth of 5.000 percent senior secured notes due ...

Consolidated Communications secures incremental USD 150 mln term loan

Published 19 Jan 2021 09:51 CET | United States
US regional operator Consolidated Communications said it has secured and closed on an incremental USD 150 million term loan, to ...

Consolidated Communications completes broadband upgrades in four New Hampshire towns

Published 18 Dec 2020 08:25 CET | United States
Consolidated Communications said it completed new fibre-to-the-premises broadband networks to homes and businesses in the New ...

Consolidated Communications to accelerate fibre build with new funds

Published 08 Dec 2020 14:00 CET | United States
US regional operator Consolidated Communications said it plans to accelerate its fibre builds and enable gigabit-capable services ...

Consolidated Communications starts educational grant program

Published 01 Dec 2020 11:13 CET | United States
US fixed operator Consolidated Communications said it launched a new technology-focused educational grant programme, Consolidated ...

Consolidated Communications grows EBITDA 1% in Q3, free cash flow improves

Published 29 Oct 2020 16:31 CET | United States
US fixed operator Consolidated Communications reported third-quarter revenue of USD 327.1 million, down 1.9 percent from a year ...

Consolidated Communications brings Microsoft 365 to entire service area

Published 09 Oct 2020 10:15 CET | United States
Consolidated Communications has expanded the availability of its Microsoft 365 suite of services to its entire service area. The ...

Consolidated Communications prices USD 750 mln notes offering

Published 21 Sep 2020 09:55 CET | United States
Consolidated Communications said it has priced USD 750 million worth of 6.50 percent senior secured notes due 2028. The offering ...

Searchlight to invest USD 425 mln into Consolidated Communications

Published 14 Sep 2020 14:14 CET | United States | Update: 14 Sep 2020 14:31 CET
Investment firm Searchlight Capital Partners has agreed to hoist its stake in Consolidated Communications to 35 percent for a ...