Consolidated Communications Closes On Second Stage Of Searchlight Capital Partners’ Investment In Company Of $75 Million
Consolidated Communications Closes On Second Stage Of Searchlight Capital Partners’ Investment In Company Of $75 Million
12/07/21, 2:15 PM
Location
mattoonConsolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”) today announced that it has secured FCC approval and closed on the second stage of the previously disclosed investment transaction with an affiliate of Searchlight Capital Partners, L.P. (“Searchlight”) in an amount of $75 million, as part of the aggregate $425 million investment from affiliates of Searchlight in the Company.
Company Info
Location
mattoon, illinois, united states
Additional Info
Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the latest reliable communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning 50,000 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support. Learn more at consolidated.com.