Consolidated offloads Ohio assets to Middle Point

28 Sep 2021

US fixed line operator Consolidated Communications has entered into an agreement to sell its Ohio assets to Middle Point Home Telephone Company (MPH), an affiliate of Hanson Communications. The asset sale aligns with the telco’s strategic asset review and focus on its core broadband regions. Consolidated’s Ohio operations contributed approximately USD9 million of revenue in fiscal 2020 and includes approximately 4,000 access lines and 3,900 broadband subscriptions. The closing on this agreement is subject to customary regulatory approvals, which are expected to be completed by the end of the year.

Hanson Communications is a family-owned telecommunications business, founded in 1951. Hanson currently serves over 10,000 access lines, 15,000 broadband subscriptions and 5,500 pay-TV connections. Bruce Hanson, treasurer and owner of Hanson Communications, commented: ‘Our family is very excited to enter into this agreement and expand our Ohio service area. We look forward to serving these customers and expect a seamless transition upon closing.’

United States, Consolidated Communications