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Consolidated Communications | |
Company type | Public |
Nasdaq: CNSL S&P 600 component | |
Industry | Telecommunications |
Founded | 1894Mattoon, Illinois, U.S. | , as the Mattoon Telephone Company in
Headquarters | , U.S. |
Key people | Bob Udell (president & CEO) |
Products | Data & internet, voice, hosted & managed, cloud services, security services, IT services, wholesale services, TV, residential internet, residential phone, home security |
Revenue | US$ 1.2 billion (2022) [1] |
US$ 42.8 million (2022) [1] | |
US$ 100.0 million (2022) [1] | |
Total assets | US$ 3.8 billion (2022) [1] |
Total equity | US$ 1.0 billion (2022) [1] |
Number of employees | 3,200 (2022) [1] |
Website | www |
Consolidated Communications Holdings, Inc., doing business as Consolidated Communications, 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]
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.
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]
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