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Consolidated Communications posts Q2 earnings above 2011 figures - Fierce Telecom
Consolidated Communications (Nasdaq: CNSL) on Wednesday reported its second-quarter revenue was slightly higher than it posted for the same year-ago period. For Q2, revenues were $93 million, up 0.4 percent, over $93.6 million in the same period in 2011. Like other traditional wireline telcos, Consolidated Communications' increases in network access, subsidies, data and internet and other operations were partially offset by declines in local and long distance service subscribers and revenues. For the quarter, Consolidated lost 7,335 ILEC access lines, leaving 225,025 lines at the period ending on June 30. However,...
Published By: Fierce Telecom - Thursday, 2 August, 2012
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