Consolidated Communications completes Ohio asset sale

2 Feb 2022

Consolidated Communications has completed the sale of its Ohio assets to Hanson Communications of Ohio, an affiliate of Hanson Communications. The sale aligns with the company’s strategic review of assets and focus on its fibre expansion across core regions. Lazard Middle Market served as the financial advisor to Consolidated Communications on the transaction.

Consolidated’s Ohio unit contributed approximately USD9 million of revenue in fiscal year 2021 and includes approximately 4,000 access lines serving 3,900 fixed broadband subscriptions.

United States, Consolidated Communications (incl. Fidium Fiber)