Windstream Corp.
Is Little Rock Losing Its Luster?
Little Rock Mayor Mark Stodola and Little Rock Regional Chamber CEO Jay Chesshir have binders full of statistics showing that economic development efforts are bearing fruit. Still, they acknowledge that Little Rock has a perception problem. read more >
by Kyle Massey -
Arkansas Cooperatives Apply Rural Electrification Model to Internet Access
Ouachita Electric in Camden, North Arkansas Electric in Salem (Fulton County) and Ozarks Electric in Fayetteville plan to deliver internet via fiber optic cable to their members in the next few months. 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 >
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 -
Windstream Appoints Christie Grumbos Treasurer
Windstream Corp. on Monday named Christie Grumbos as the company's new treasurer. read more >
by Sean Beherec -
Windstream Spinoff CS&L Talking Deals
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. read more >
by Sean Beherec -
ISPs Eye Boosting Consumer Speeds
Sam Walls, the president of Connect Arkansas, which promotes adoption of broadband Internet around the state, says higher speeds show that Internet service providers are responding to the demands of the marketplace. read more >
by Sean Beherec -
Windstream’s REIT Moves Out to New Office
The real estate investment trust spinoff of Windstream Holdings Inc. of Little Rock is moving out. read more >
Windstream’s 4Q, Fiscal Profits Rise
Windstream Holdings Inc. of Little Rock reports gains in fourth-quarter and fiscal 2013 profit, citing more growth in consumer and broadband revenue. read more >
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Telecoms, Cable Industry Press for Extension of Bonus Depreciation Credit
The telecommunications and cable industry are continuing to call on Congress to renew bonus depreciation tax credits. Windstream Corp. CEO Jeff Gardner is among the Arkansas voices advocating for an extension. read more >
by Lance Turner -
Connect America Funds Disbursed to Windstream
The Federal Communications Commission recently announced it would disburse $60.7 million of the Connect America Fund to Little Rock's Windstream Holdings Inc. read more >
by Luke Jones -
Windstream’s 3Q Profit Drops 34 Percent to $31M
Windstream Corp. of Little Rock on Thursday reported third-quarter net income of $31 million, down 34 percent from the same quarter last year. In a conference call, CEO Jeff Gardner said Windstream's business services segment is now a $3.8 billion revenue stream. read more >
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Windstream’s Jeff Gardner Meets With Obama, Urges Tax Reform
Windstream CEO Jeff Gardner was in Washington, D.C., on Wednesday as part of a group of CEOs meeting with the president and members of Congress about the nation's economy. read more >
by Lance Turner -
Windstream Follows Through, Creates New Holding Company
Windstream Holdings Inc. will become the parent of Windstream Corp. and its subsidiaries. Windstream Corp. stock will automatically convert to Windstream Holdings Inc. stock at the end of trading on Friday, and the ticker symbol will not change. read more >
by Gwen Moritz -
Windstream Names Former IBM Exec as Chief Marketing Officer
Windstream Corp. of Little Rock names Matt Preschern as senior vice president and enterprise chief marketing officer. read more >
by Luke Jones -
Windstream Corp. Refinances Senior Notes
Windstream Corp. of Little Rock says it is refinancing its senior notes at a higher interest rate. read more >
by Luke Jones -
Spin It, Baby, Spin It (Gwen Moritz Editor’s Note)
Let me share with you a lesson I’ve learned from studying hundreds upon hundreds of quarterly earnings statements from publicly traded companies: If the company leads with anything other than net income, it means net income was nothing to brag about. read more >
by Gwen Moritz -
Arkansas Ranked Twice in Forbes’ Business List
Forbes Magazine this week ranked two Arkansas regions on its list of "Best Places for Business and Careers." read more >
by Luke Jones -
Windstream 2Q Net Income Down 21 Percent; Company Explores Creating Parent Firm
Windstream Corp. of Little Rock says second-quarter net income was $40 million, down 21 percent from the same time last year. Also, the firm says it's exploring creating a publicly traded holding company to become the parent company of Windstream and its subsidiaries. read more >
by Lance Turner -
Bob Gunderman Named Treasurer for Windstream Corp.
Windstream Corp. of Little Rock adds the role of treasurer to Bob Gunderman's duties. Gunderman is already the telecommunication firm's senior vice president of financial planning. read more >
by Lance Turner -