Consolidated Communications Holdings, Inc. is an American broadband and business communications provider headquartered in Mattoon, Illinois. The company provides data, internet, voice, managed and hosted, cloud and IT services to business customers,[2] and internet, TV, phone, and home security services to residential customers.[3] With 36,000 fiber route miles,[4] it is a top ten fiber provider in the U.S.,[5] serving customers in 23 states.[6]
Consolidated Communications began trading on the NASDAQ under ticker symbol CNSL in 2005.[7]
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.[8]
In 1997, CCI merged with McLeodUSA,[9] but was purchased back in 2002 by ICTC Chairman and President Richard A. Lumpkin and investors.[10] The company name was then changed to Consolidated Communications.
States
The company offers Internet, traditional landline phone or VoIP, Home Security, Premium Television, Web Hosting and wholesale data) in 23 states across the United States.[11]
In April 2004, Consolidated Communications acquired Texas-based TXU Communications.[34]
In December 2007, Consolidated Communications acquired North Pittsburgh Systems Inc., including North Pittsburgh Telephone Company, Nauticom and Penn Telecom.[35]
In October 2014, Consolidated Communications acquired Enventis Corporation, formerly HickoryTech, adding operations in Minnesota, Iowa, Wisconsin, South Dakota and North Dakota to the company's portfolio.[37]
In July 2016, Consolidated Communications acquired Champaign Telephone Company (CTC), a business communications provider in the Champaign-Urbana, Illinois area.[38]
In July 2017, Consolidated Communications acquired FairPoint Communications, expanding the company's service area to 24 states.[39]