Windstream 2Q Net Income Down 21 Percent; Company Explores Creating Parent Firm

by Lance Turner  on Thursday, Aug. 8, 2013 7:15 am  

Technicians work at the Windstream Corp. data center in Little Rock. Windstream said it opened three new data centers this year in Chicago, Nashville, Tenn., and Raleigh-Durham, N.C. (Photo by Trent Ogle)

"The company will make a final decision regarding the proposed structure after all regulatory approvals are obtained and its analysis is completed," the company said.

Looking Ahead

Windstream also cut its financial outlook for the rest of the year, calling for total revenue to decline 1 percent to 3 percent compared to 2012 "largely due to a modestly softer business sales environment and continuing pressure in the carrier transport business."

In February, the company called for between a 2 percent decline and a 1 percent increase.

 

 

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