Consolidated Communications Holdings, Inc. is an American broadband and business communications provider headquartered in Mattoon, Illinois. With 36,000 fiber route miles, it is a top ten fiber provider in the U.S., serving customers in 23 states. The company provides data, internet, voice, managed and hosted, cloud and IT services to business customers, and internet, TV, phone, and home security services to residential customers. It began trading on the NASDAQ under ticker symbol CNSL in 2005.

History

Consolidated Communications was founded as the Mattoon Telephone Company in 1894 by Dr. Iverson A. Lumpkin in Mattoon, Illinois. In 1924, the company became the Illinois Consolidated Telephone Company (ICTC) and began acquiring telephone companies in the region over the next several decades, including telephone companies in Christian County, Montgomery County, the Illinois Southeastern Telephone Company and the Effingham, Illinois exchange from Illinois Bell. In 1984, Consolidated Communications, Inc. (CCI) was formed as the parent company of ICTC, Consolidated Communications Directories and Consolidated Market Response. In 2002, five years after CCI merged with McLeodUSA, the firm was acquired by a group of investors led by ICTC Chairman and President Richard A. Lumpkin, and its name was changed to Consolidated Communications. In December 2024, Consolidated Communications Holdings, Inc. announced that it had completed its merger with Condor Merger Sub Inc., a subsidiary of Condor Holdings LLC, with investment funds managed by Searchlight Capital Partners and British Columbia Investment Management Corporation. As a result of the merger, the board of directors of Consolidated Communications resigned, and the directors of Condor Merger Sub Inc. took over the roles.

States

The company offers internet, traditional landline phone or VoIP, home security, pay television, web hosting, and wholesale data) in 23 states across the United States.

Acquisition History

* In April 2004, Consolidated Communications acquired Texas-based TXU Communications. * In December 2007, Consolidated Communications acquired North Pittsburgh Systems Inc., including North Pittsburgh Telephone Company, Nauticom and Penn Telecom. * In July 2012, Consolidated Communications acquired SureWest Communications, extending the company's reach to Roseville and

Sacramento, California Sacramento ( or ; ; ) is the List of capitals in the United States, capital city of the U.S. state of California and the county seat, seat of Sacramento County, California, Sacramento County. Located at the confluence of the Sacramento Rive ...

and Kansas City. * In October 2014, Consolidated Communications acquired Enventis Corporation, formerly HickoryTech, adding operations in

Minnesota Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...

Iowa Iowa ( ) is a U.S. state, state in the upper Midwestern United States, Midwestern region of the United States. It borders the Mississippi River to the east and the Missouri River and Big Sioux River to the west; Wisconsin to the northeast, Ill ...

Wisconsin Wisconsin ( ) is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest of the United States. It borders Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michig ...

South Dakota South Dakota (; Sioux language, Sioux: , ) is a U.S. state, state in the West North Central states, North Central region of the United States. It is also part of the Great Plains. South Dakota is named after the Dakota people, Dakota Sioux ...

and North Dakota to the company's portfolio. * In July 2016, Consolidated Communications acquired Champaign Telephone Company (CTC), a business communications provider in the Champaign-Urbana, Illinois area. * In July 2017, Consolidated Communications acquired FairPoint Communications, expanding the company's service area to 24 states.

References

External links

* {{authority control, state=expanded 1894 establishments in Illinois American companies established in 1894 Telecommunications companies of the United States Internet service providers of the United States Telecommunications companies established in 1894 Companies based in Coles County, Illinois 2005 initial public offerings 2024 mergers and acquisitions Companies formerly listed on the Nasdaq