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Why Dell Will Never Be Great AgainConsolidated Communications Holdings (NASDAQ: CNSL) is
a rural local exchange company, providing voice, data and video services to residential and business customers in Illinois, Texas and Pennsylvania. The company offers a wide range of services, including local and long distance calling, custom calling features, high-speed Internet access, digital TV, carrier access services and directory publishing. Consolidated Communications is the twelfth largest local telephone company in the United States, with more than 280,000 local access lines and nearly 84,000 digital subscriber lines in service. Competitors include AT&T (NYSE: T) and Verizon Communications (NYSE: VZ).
The company pleased investors last week, when it reported Q4 EPS of 20 cents and revenues of $85.0 million. Analysts had been expecting 16 cents and $82.8 million. The CEO noted that quarterly growth was led by strategic broadband products. The DSL subscriber base grew by nearly seven percent.
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