Consolidated Communications Holdings Reports Second Quarter 2008 Results
Thursday, August 7th, 2008IPTV in Pennsylvania and DVR in all markets are off to strong start
MATTOON, Ill. — Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) reported results for the second quarter and six-month period ended June 30, 2008.
“With revenues of $106.4 million and Adjusted EBITDA of $48.3 million, we continue to deliver strong financial results,” said Bob Currey, Consolidated’s president and CEO. “In the quarter, we celebrated a key milestone by breaking the 100,000 mark for total broadband connections. Both our broadband and VOIP offerings continue to demonstrate excellent growth. Additionally, we are pleased with the strong start and customer reaction to the April DVR launch and IPTV rollout in Pennsylvania.”
IPTV subscribers were 14,112, an increase of 4,535, or 47.4%.
Operating Statistics:
June 30, March 31, June 30, 2008 2008 2007 --------- ---------- ---------- Total IPTV subscribers 14,112 13,026 9,577 IPTV Homes passed 129,872 107,631 107,631
More: Earnings Release
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