Communications Sales & Leasing Inc.
Windstream Sees Change in the Air
CEO Tony Thomas says new products and attention to the balance sheet will get Windstream back in the black. read more >
Windstream Reports $68M 2Q Loss, Ends Quarterly Dividend
Windstream Holdings Inc. of Little Rock reports a $68 million second-quarter loss and said it would end its quarterly dividend to shareholders as part of a new capital allocation strategy. read more >
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Uniti Group Reports 1Q Loss of $20M
Uniti Group Inc. of Little Rock reports a $20 million first-quarter loss, down from a $8 million profit in the same quarter last year. read more >
by Lance Turner -
Uniti Group CEO Kenny Gunderman Paid Less in 2016
Uniti Group Inc. CEO and President Kenny Gunderman's total compensation dropped from $6.4 million in 2015 to $5.1 million in 2016. read more >
CS&L to Change Name, Buy Hunt Telecom for $170M
Communications Sales & Leasing Inc. of Little Rock announces another acquisition and said it will change its name to Uniti Group Inc. effective Monday. read more >
by Lance Turner -
CS&L Reports 3Q Loss, Acquisition in Latin America
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. read more >
by Lance Turner -
Windstream, EarthLink Consider Merger to Better Confront Rivals
Telecommunications firms Windstream Holdings Inc. of Little Rock and EarthLink Holdings Corp. of Atlanta are in talks to merge in an all-stock deal that would allow them to better compete against rivals, people familiar with the matter said. read more >
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At Rotary, CEO Tony Thomas Talks 10 Years of Windstream
Windstream Holdings Inc. of Little Rock, which has marked its 10th anniversary as a publicly traded company, will soon announce an expansion to the West Coast, CEO Tony Thomas says. read more >
Wal-Mart’s McMillon Tops Compensation List of 100 Arkansas Public Company Execs
C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state. read more >
by Gwen Moritz -
CS&L Swings to 2Q Loss
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. read more >
by Lance Turner -
Windstream Holdings Reports $1.5M in 2Q Net Income
Windstream Holdings Inc. of Little Rock swung from a $111 million second-quarter loss last year to a $1.5 million profit, the publicly traded telecommunications firm reported Thursday. read more >
Windstream Transfers Half Its CS&L Stake to Retire Debt
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. read more >
Communications Sales & Leasing Reports 1Q Earnings up From 4Q
Communications Sales & Leasing of Little Rock on Thursday reported a first-quarter net income of $8 million, a gain of $800,000 from $7.2 million in the fourth quarter. read more >
Windstream Reports $232M 1Q Loss on Impairment Charge
Windstream Holdings Inc. of Little Rock reports a first-quarter loss of $232 million, or $2.52 per share, down from a net income of $5 million, or 5 cents per share, in the same quarter last year. read more >
CS&L Completes $409M Deal for PEG Bandwidth
Communications Sales & Leasing Inc. of Little Rock has completed its $409 million acquisition of PEG Bandwidth LLC, a telecommunications infrastructure provider. read more >
Communications Sales & Leasing Files 1st Proxy
CEO and President Kenneth Gunderman was paid $6.37 million last year. read more >
Arkansas Business Power List 2016: Technology & Telecom
A technology and telecom resource to help navigate the leadership of the largest Arkansas companies or institutions. read more >
Arkansas Sees Volume, Value of Biggest Deals Drop
The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion. read more >
by Jan Cottingham -
CS&L to Buy PEG Bandwidth in $409M Deal
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. read more >
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Windstream Spinoff CS&L Reports 3Q Net Income of $9.4M
Communications Sales & Leasing Inc. of Little Rock reports third-quarter net income of $9.4 million, or 6 cents per share. read more >
by Alexis Crowe -