Consolidated Communications adds 1,800 IPTV subscribers in 1Q10

Thursday, May 6th, 2010
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MATTOON, Ill. — Consolidated Communications Holdings, Inc. (Nasdaq:CNSL) reported results for the first quarter ended March 31, 2010.

“I am excited to kick off another year with a solid quarter,” said Bob Currey, president and CEO. “We continued to grow our customer connections and delivered financial results that provided our shareholders with a comfortable dividend payout ratio.”

“Our broadband products grew at a strong pace in the quarter with IPTV and DSL subscribers increasing by 1,800 and 2,000, respectively. Our customers continued to be pleased with the packaging and expanded IPTV offerings with our new service delivery. We also extended IPTV service availability by passing another 6,100 homes during the period.”

Operating Statistics at March 31, 2010, Compared to March 31, 2009. 

                      Period Ended
                         March 31,
                    --------------
                      2010    2009  Increase/(decrease)       %
                    ------  ------  -------------------  ------
IPTV subscribers    24,898  18,207                6,691   36.7%

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