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 >
Windstream Announces Appointments to New Board of Directors
Windstream Holdings Inc. of Little Rock on Tuesday announced nine appointments to its new board of directors, which will govern the company once it emerges from bankruptcy as a privately-held firm. read more >
Windstream Reports Preliminary 2Q Results
Windstream Holdings Inc. of Little Rock, which is working to emerge from bankruptcy in August, reported on Tuesday preliminary second-quarter results that included total revenue of $1.19 billion and operating income of $24.8 million. read more >
Digital Divide: Virus Spotlights Arkansas’ Broadband Deficit
The coronavirus pandemic, which has pushed much of daily living online, highlights Arkansas’ status as a laggard in broadband deployment and illustrates the digital divide between broadband haves and have-nots. read more >
Update: Court Approves Windstream’s Path Out of Bankruptcy as Private Company
Windstream Holdings Inc. of Little Rock announced late Thursday that the U.S. Bankruptcy Court for the Southern District of New York has approved its reorganization plan, which, when completed, will leave Arkansas with one fewer public company. read more >
Uniti Group Reports $80M 1Q Loss
Uniti Group Inc. of Little Rock reported Tuesday a first-quarter net loss of $80.3 million, or 41 cents per share, compared to net income of $2.5 million, or 1 cent per share in the same quarter last year. read more >
Windstream Reports $79M 1Q Loss; Judge Approves Deal with Uniti
U.S. Bankruptcy Court Judge Robert Drain approved Windstream Holdings Inc.'s previously announced lease settlement agreement with spinoff Uniti Group Inc. of Little Rock, and the company released its earnings. read more >
Windstream: Reached Agreements With Creditors, Uniti Group
Windstream Holdings Inc. of Little Rock says it's reached a deal with its first lien creditors and settled a lease dispute with spinoff Uniti Group Inc. of Little Rock. read more >
Windstream Billed $72.3M in 2019 by Top Firms in Bankruptcy
Windstream Holdings Inc. has paid its bankruptcy legal team a total of $72.3 million. read more >
Update: Windstream Reports $128M 4Q Loss
Windstream Holdings Inc., still working through Chapter 11 bankruptcy, on Thursday reported a loss of $128.3 million in its fourth quarter. read more >
Windstream, Uniti at Impasse on Lease Deal
Windstream Holdings Inc. of Little Rock, which is working its way through Chapter 11 bankruptcy, announced Tuesday that mediation to modify its lease arrangement with spinoff Uniti Group Inc. of Little Rock has ended. read more >
Windstream Reports $129M 3Q Loss
Windstream Holdings Inc. of Little Rock reports a third-quarter loss of $129.3 million. read more >
by Lance Turner -
Windstream Cites Consumer Broadband Growth in 2Q
Windstream Holdings Inc. of Little Rock reported second-quarter results, boasting growth in consumer broadband subscribers but declining to release net income and revenue figures under generally accepted accounting principles. read more >
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Update: Uniti Group Says Windstream Should Continue Lease Payments
Uniti Group Inc. of Little Rock responds to a motion filed Friday by creditors of Windstream Holdings Inc. of Little Rock seeking to block Windstream from making lease payments to Uniti. read more >
Bankruptcy Judge OKs Windstream Bonuses
A bankruptcy judge in New York last week approved Windstream Holdings Inc.’s request to use up to $24 million for bonuses for executives. read more >
by Mark Friedman -
Uniti Group Reports 1Q Income of $2.5M
Uniti Group Inc. of Little Rock reports first-quarter net income of $2.5 million, or 1 cent per share, up from $1.2 million, or a loss of 1 cent per share, in the same quarter last year. read more >
Windstream Reports $2.3B 1Q Loss; CEO Signals Lease Changes with Uniti Group
Windstream Holdings Inc. of Little Rock, still working through Chapter 11 bankruptcy, reports a first-quarter net loss of $2.3 billion, or $54.26 per share. read more >
Bankruptcy Judge Approves Up to $24M in Bonuses for Windstream Execs
A bankruptcy judge in New York approved Windstream Holdings Inc.'s request to use up to $24 million for bonuses for top executives, including CEO Tony Thomas and CFO Robert Gunderman. read more >
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