Windstream Holdings Inc.
Uniti Reports $12.2M in Q3 Income, Lowers 2024 Outlook
Uniti reported net income of $12.2 million for the third quarter of 2024, lowering its outcome on net income and funds from operations for the year. read more >
Uniti Reports $17.6M in Q2 Income, Raises Outlook
About 40% of the company's consolidated bookings during the quarter were driven by large data centers and generative AI demand, growth that Uniti expects to continue. read more >
Uniti-Windstream Merger Still on Track, CEO Kenny Gunderman Says
The combined company will have the deepest "reach into rural America" of any fiber network, Gunderman said. read more >
by Chloe McGehee -
Uniti Announces $13.4B Deal to Reunite With Windstream
The combined company will be led Kenny Gunderman, Uniti’s current CEO, who said he's looking to build a "national fiber powerhouse." read more >
Westrock Moves HQ to Campus Owned by First Security
The coffee, tea and extracts company has left Riverdale for 50,000-SF of space at the former Systematics office park. read more >
Windstream CEO Tony Thomas Named to White House Advisory Council
The council advises the White House on how to reduce physical and cyber risks and improve the security and resilience of the nation’s critical infrastructure sectors. read more >
Windstream Holdings Line Rebranded
Windstream Wholesale President Buddy Bayer said it "has positioned itself to capitalize on the market’s burgeoning demand for bandwidth and cloud services for years to come." read more >
Windstream Awarded $523M For Broadband Projects in 18 States
The company plans to use the funds to deliver 1-gigabit-per-second broadband to some of its most rural customers. read more >
WSJ: Zayo Group Discussed Uniti, Windstream Acquisition
Zayo Group LLC has been in talks to buy Uniti Group Inc. and Windstream Holdings, according to the Wall Street Journal. read more >
Walmart Reigns in Net Income, Executive Pay
Walmart Inc. rules Arkansas Business’ annual lists of the state’s public companies and how much their executives are paid, and it’s hard to imagine a time when that won’t be true — especially as the lists get shorter. read more >
by Gwen Moritz -
Windstream to Add 1,000 Jobs in 18 States As Broadband Grows
Kinetic by Windstream says it will create 1,000 jobs across 18 states as its new engineering and fiber construction organization manages broadband expansion. read more >
Top Private Offerings in Arkansas Range From Coffee to Farms
With $561.7 million raised, Westrock Coffee Holdings LLC of Little Rock tops Arkansas Business’ inaugural list of the largest private investment offerings ranked by total investment amount sold. read more >
by Mark Friedman -
Uniti Group Swings Back to Third-Quarter Profit
Uniti Group Inc. of Little Rock swung back to a profit in the third quarter, reporting on Monday net income of $7.5 million, or 4 cents per diluted share. read more >
Windstream Names Rob Shanahan to Board
Windstream Holdings Inc. of Little Rock has named Rob Shanahan to its board, effective immediately. read more >
$124M in ARC Grants Make Rural Broadband Feasible
Contractors are in high gear because federal funds must be used by Dec. 30. read more >
Windstream Completes Restructuring, Goes Private
Windstream Holdings Inc. of Little Rock says it has officially restructured and is now a private company. "Today marks the start of a new era for Windstream as an even stronger, more competitive company," CEO Tony Thomas says. read more >
Windstream Adjusts Workforce
Windstream Holdings Inc. of Little Rock will emerge from bankruptcy as a private company any day now. That transformation will affect the company’s 11,000 employees in different ways. read more >
Awaiting Windstream Settlement, Uniti Group Reports 2Q Loss
Uniti Group Inc. of Little Rock reports a second-quarter net loss of $588 million, a sharp reversal from a $41 million profit in the same quarter last year. read more >
by Lance Turner -
A Remade Windstream Bets on Itself
Windstream's immediate plans once it comes out of bankruptcy includes investing in high-speed broadband for rural consumers. read more >
Windstream Reports $162M 2Q Loss
For the second quarter of 2020, Windstream reports a loss of $162.4 million, or $3.80 per share, an improvement from a loss of $544.1 million, or $12.76 per share, in the same quarter of last year. read more >