Tagged: kenny gunderman

Windstream Fights Hedge Fund Over Uniti Group Status

by Arkansas Business Staff 10/23/2017 12:00 am

Aurelius Capital Management of New York claims Windstream’s 2015 spinoff of its copper and fiber assets into an innovative real estate investment trust was essentially a sale-leaseback that violated the terms of some of its outstanding bonds.

Uniti Group Closes on Purchase of 2 Companies

by Arkansas Business Staff 7/3/2017 1:16 pm

Uniti Group Inc. of Little Rock closes on the previously announced acquisitions of Southern Light LLC of Mobile, Alabama, and Hunt Telecommunications LLC of Metairie, Louisiana.

Uniti Group to Buy Southern Light LLC in $700M Deal

by Arkansas Business Staff 4/10/2017 11:54 am

Uniti Group Inc. of Little Rock agrees to acquire privately-held fiber network provider Southern Light LLC of Mobile, Alabama, for about $700 million in cash and equity.

Uniti Group CEO Kenny Gunderman Paid Less in 2016

by Sarah Campbell-Miller 4/5/2017 10:03 am

Uniti Group Inc. CEO and President Kenny Gunderman's total compensation dropped from $6.4 million in 2015 to $5.1 million in 2016.

CS&L to Change Name, Buy Hunt Telecom for $170M

by Lance Turner 2/24/2017 9:56 am

Communications Sales & Leasing Inc. of Little Rock announces another acquisition and said it will change its name to Uniti Group Inc. effective Monday.

CS&L Reports 3Q Loss, Acquisition in Latin America

by Lance Turner 11/14/2016 11:51 am

Communications Sales & Leasing Inc. announces a third-quarter loss while revenue rose 15 percent and the company announced an acquisition of communications towers in Latin America.

Greenhead Editor Brent Birch Joins Game & Fish Foundation Board

by Greenhead Staff 9/1/2016 10:57 am

Greenhead Editor Brent Birch is among the new members of the Arkansas Game & Fish Foundation's board of directors.

CS&L Swings to 2Q Loss

by Lance Turner 8/11/2016 10:31 am

Communications Sales & Leasing Inc. of Little Rock reports a $1.5 million second-quarter loss as it closes one acquisition and prepares to take on another. Revenue was a $188.6 million, up 46 percent from the same quarter last year.

Windstream Transfers Half Its CS&L Stake to Retire Debt

by Sarah Campbell-Miller 6/15/2016 4:04 pm

Windstream Holdings Inc. of Little Rock transfers 14.7 million common shares of its spinoff, Communications Sales & Leasing Inc., to its creditors in a debt-for-equity exchange.

Communications Sales & Leasing Files 1st Proxy

by Sarah Campbell-Miller 4/13/2016 11:15 am

CEO and President Kenneth Gunderman was paid $6.37 million last year.

Arkansas Business Power List 2016: Technology & Telecom

by Arkansas Business Staff 3/21/2016 12:00 am

A technology and telecom resource to help navigate the leadership of the largest Arkansas companies or institutions.

CS&L to Buy PEG Bandwidth in $409M Deal

by Lance Turner and Mark Carter 1/7/2016 11:23 am

Communications Sales & Leasing Inc. of Little Rock announces its first acquisition, a $409 million deal for PEG Bandwidth LLC, a telecommunications infrastructure provider owned by Associated Partners LP.

Windstream Spinoff Reports $8.3M in Income, $128.7M in Sales

by Lance Turner 8/13/2015 7:08 am

Communications Sales & Leasing Inc. of Little Rock issued its first quarterly earnings report on Thursday, showing $8.3 million in net income and revenue of $128.7 million.

Woodland Heights Sells In $13.9M Transaction (Real Deals)

by George Waldon 7/6/2015 12:00 am

A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock’s Hillcrest area changed hands in a $525,000 deal.

Kenny Gunderman Leads Buy of Acreage Near Wrightsville

by Arkansas Business Staff 6/22/2015 12:00 am

A nearly 1,150-acre farm in southeast Pulaski County and a 7,847-SF office building in west Little Rock are the dynamic duo for this week’s seven-digit transactions.

Windstream Spinoff CS&L Talking Deals

by Sean Beherec 6/8/2015 12:00 am

The first few weeks at Communication Sales & Leasing, the spinoff company formed by certain assets of Windstream Corp.’s portfolio, have been hectic, CEO Kenny Gunderman said in a recent interview. But he adds that the response to the new company from potential clients has been positive.

Windstream Spinoff CS&L to Begin Trading on Monday

by Gwen Moritz 4/24/2015 5:01 pm

Windstream Holdings Inc. of Little Rock officially spun off its real estate and copper assets late Friday into a real estate investment trust whose shares will begin trading publicly on Monday.

‘Execution’ the Key For Windstream CEO Tony Thomas

by Sean Beherec 4/13/2015 12:00 am

Tony Thomas, who took over as CEO of Windstream Holdings Inc. of Little Rock in December, recently gave a round of interviews to local reporters about a month after the company’s shareholders approved measures to spin off a real estate investment trust.

Mark Wallace Named CFO for Windstream REIT

by Sean Beherec 3/30/2015 9:57 am

Windstream Holdings Inc. on Monday said Mark Wallace has been named CFO of Communications Sales & Leasing Inc.

Windstream REIT Names Two Executives

by Sean Beherec 3/19/2015 9:12 am

Communications Sales & Leasing Inc. of Little Rock announced two executive leadership appointments on Thursday.