Consolidated Communications To Go Private In $3.1B Deal

‘We have been operating in a shifting economic environment over the course of this past year, resulting in higher operating costs and a challenging market for attractive financing options. While we are pleased with how we have managed the business despite these headwinds, several factors recently necessitated that we delay our estimated fiber build completion beyond 2026,’ says Consolidated Communications President and CEO Bob Udell.

Consolidated Communications To Go Private In $3.1B Deal
‘We have been operating in a shifting economic environment over the course of this past year, resulting in higher operating costs and a challenging market for attractive financing options. While we are pleased with how we have managed the business despite these headwinds, several factors recently necessitated that we delay our estimated fiber build completion beyond 2026,’ says Consolidated Communications President and CEO Bob Udell.