Report
Alex Zhao
EUR 101.80 For Business Accounts Only

Consolidated relies on bandwidth services growth and acquisitions to weather secular decline.

Consolidated Communications' second-quarter results roughly tracked our expectations, as revenue declined 9% on a reported basis, or 4% after excluding the revenue of the equipment sales and IT services business, which was sold in late 2016. The company saw a decline in consumer revenue and a scheduled step-down in subsidies and regulated revenue, offset in part by modest growth in the commercial and carrier segment. We continue to believe Consolidated has no sustainable competitive advantage, d...
Underlying
Consolidated Communications Holdings Inc.

Consolidated Communications Holdings is a holding company. Through its operating subsidiaries, the company provides a range of communication solutions to consumer, commercial and carrier channels. The company's business product suite includes: data and Internet solutions, voice, data center services, security services, managed and IT services, and suite of cloud services. The company provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections and custom fiber builds and last mile connections. The company provides residential Internet, video, phone and home security services as well as multi-service residential and small business bundles.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Alex Zhao

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch