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Windstream Holdings

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Windstream Holdings, Inc.
TypeSubsidiary
IndustryTelecommunications
Founded2006; 20 years ago (2006)
SuccessorUniti Edit this on Wikidata
HeadquartersLittle Rock, Arkansas, United States
Key peoplePaul H. Sunu
(president & CEO)[1]
RevenueUS$4 billion (2023)[2]
Number of employees
11,080 (2019)[3]
ParentUniti Group Inc.
ASN
  • 7029
Websitewww.windstream.com Edit this at Wikidata

Windstream Holdings, Inc., trading as Windstream Communications, is a provider of voice and data network communications to businesses across the United States.[4] Under the Kinetic brand, it offers broadband, phone and digital streaming TV services to consumers within its coverage area. It is [when?] the ninth largest residential telephone provider in the country[5] with service covering more than 8.1 million people in 21 states.[6][7][8]

History

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Valor Telecom was formed in 2000 to take over GTE Southwest assets that Verizon was selling following its acquisition of GTE.[citation needed] In 2006, Windstream Corporation was formed through the spinoff of Alltel's landline business and merger with Valor.[citation needed]

In 2007, Windstream Corp. purchased CT Communications for $585 million adding 158,000 access lines and 29,000 broadband customers.[9][10] The 2009 acquisition of D&E Communications of Ephrata, Pennsylvania for $330 million added a further 165,000 access lines and 44,000 broadband customers.[11][12][13]

The next year's purchase of Iowa Telecom for $1.1 billion added 256,000 access lines, 95,000 broadband customers, 26,000 digital TV customers and a presence in rural Iowa and Minnesota.[14] In 2010, the firm acquired Nuvox, previously formed from a merger of NuVox Communications, NewSouth Communications, FDN Communications,[15] Gabriel Communications and Trivergent Communications.[16]

On August 17, 2010, it announced that it had entered into a definitive agreement to acquire Q-Comm Corporation in a transaction valued at approximately $782 million. This includes Q-Comm's wholly owned subsidiaries Kentucky Data Link, Inc. (KDL),[17] a fiber services provider in 22 states and Norlight, Inc.,[18] a CLEC primarily serving the Midwest. Q-Comm subsidiaries nGenX[19] and Cinergy Metronet[20] will be spun off as independent companies prior to the close of the deal.[21]

In November 2010, Windstream announced that it would acquire Hosted Solutions for $310 million; Hosted is a North Carolina–based managed hosting, cloud and colocation provider with a footprint of five datacenters in Cary, Raleigh and Charlotte, North Carolina as well as Boston.[22] In 2011, the firm acquired PAETEC Holding Corp., a Rochester, New York telecommunications company.[23]

On October 6, 2014, Windstream, in partnership with Ericsson, announced plans to launch its next-gen TV service Kinetic.[24]

On April 24, 2015, it announced that it had completed the tax-free spinoff of "select telecommunications network assets," into Communications Sales and Leasing Inc. (CS&L). On April 17, 2017, one after selling its remaining shares in CSAL and one after merging with EarthLink,[25][26] the company announced that it would acquire Broadview Networks for $227 million.[27]

In 2019, the U.S. District Court of the Southern District of New York ruled that Windstream had defaulted on bond payments and its stock value fell by 60%.[28] It filed for Chapter 11 bankruptcy in response to a judgment against the company for $310 million.[29][30] The following year, it emerged from bankruptcy as a privately held company, having reduced its debt by over $4 billion.[31]

On July 24, 2025, one year after beginning merger talks,[32] Windstream and Uniti Group received all necessary approvals to carry out the merger.[33] On August 1, Uniti Group Inc. announced that this transaction had been completed.[34]

See also

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References

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  1. ↑ "Windstream Newsroom - Executives". Windstream. Archived from the original on December 31, 2023. Retrieved December 31, 2023.
  2. ↑ "Windstream Factsheet - 4Q 2023" (PDF). Windstream Holdings. February 21, 2024. Archived (PDF) from the original on May 16, 2024. Retrieved May 16, 2024.
  3. ↑ "Inline XBRL Viewer". Archived from the original on June 11, 2020. Retrieved May 23, 2020.
  4. ↑ "Windstream Business Product Line Up". Telecom Carrier Reports. Archived from the original on January 16, 2012. Retrieved March 2, 2012.
  5. ↑ "Research". Leichtman Research Group, Inc. Retrieved June 9, 2025.
  6. ↑ Anders, David (April 21, 2022). "Need Home Internet Service? Find the Internet Providers in Your Area". CNET. Red Ventures. Archived from the original on March 7, 2023. Retrieved May 5, 2022. {{cite news}}: More than one of |publication-date= and |date= specified (help)
  7. ↑ Anders, David (April 28, 2022). "Kinetic by Windstream Home Internet Review: Your Results May Vary". CNET. Red Ventures. Archived from the original on May 6, 2022. Retrieved May 5, 2022. {{cite news}}: More than one of |publication-date= and |date= specified (help)
  8. ↑ Anderson, Duane. "Windstream Overview and Coverage". Broadband Now. Archived from the original on February 22, 2014. Retrieved February 12, 2014.
  9. ↑ "Windstream Corporation to Acquire CT Communications for $585 Million". Phx.corporate-ir.net. Archived from the original on January 15, 2016. Retrieved May 3, 2013.
  10. ↑ "Windstream Grows NC Presence with CT Buy". Telephonyonline.com. Retrieved May 3, 2013.
  11. ↑ "Windstream to acquire D&E Communications". Windstream.com. Archived from the original on April 25, 2021. Retrieved May 3, 2013.
  12. ↑ Ed Gubbins May 11th, 2009 (May 11, 2009). "Blog.connectedplanetonline.com". Blog.connectedplanetonline.com. Archived from the original on June 2, 2013. Retrieved May 3, 2013.{{cite web}}: CS1 maint: numeric names: authors list (link)
  13. ↑ "Investing.businessweek.com". Investing.businessweek.com. November 10, 2009. Archived from the original on October 10, 2012. Retrieved May 3, 2013.
  14. ↑ "The transaction is expected to close in mid 2010".
  15. ↑ "CLECs FDN, NuVox merge". Connected Planet Online. March 22, 2007. Archived from the original on April 8, 2014. Retrieved April 8, 2014.
  16. ↑ "NuVox Acquisition Complete". Windstream.com. Archived from the original on May 12, 2013. Retrieved May 3, 2013.
  17. ↑ KDLinc.com Archived August 8, 2010, at the Wayback Machine
  18. ↑ "Norlight.com". Norlight.com. Retrieved May 3, 2013.[permanent dead link]
  19. ↑ "Ngenx.com". ngenx.com. Archived from the original on August 8, 2010.
  20. ↑ "DA 10-1669" (PDF). FCC. September 1, 2010. Archived (PDF) from the original on January 31, 2022. Retrieved November 12, 2023.
  21. ↑ "Windstream to acquire Kentucky Data Link, Norlight". News.windstream.com. Archived from the original on May 26, 2013. Retrieved May 3, 2013.
  22. ↑ "Windstream to acquire Hosted Solutions" (Press release). Windstream Communications. November 4, 2010. Archived from the original on September 11, 2015. Retrieved August 13, 2015.
  23. ↑ Edwards, Adam. "Windstream Completes Acquisition of PAETEC". Telarus Industry Briefs. Archived from the original on June 14, 2012. Retrieved December 1, 2011.
  24. ↑ Corbet, Michelle (October 6, 2014). "Windstream to Roll Out TV Service Called 'Kinetic'". Arkansas Business. Retrieved October 6, 2025.
  25. ↑ "Windstream and EarthLink to Merge in $1.1 Billion Transaction". earthlink.com. November 7, 2016. Retrieved November 7, 2016.
  26. ↑ "Windstream acquires EarthLink for $1.1B, creates 145K fiber route mile network - FierceTelecom". November 7, 2016. Archived from the original on November 7, 2016.
  27. ↑ "Windstream to acquire Broadview Networks". April 13, 2017. Archived from the original on April 13, 2017. Retrieved April 13, 2017.
  28. ↑ Rexaline, Shanthi (February 19, 2019). "The Windstream Plunge, Explained". Yahoo Finance. Archived from the original on February 21, 2019. Retrieved February 21, 2019.
  29. ↑ "Windstream Files for Bankruptcy After Aurelius Court Defeat". Bloomberg. February 25, 2019. Archived from the original on February 26, 2019. Retrieved February 25, 2019.
  30. ↑ "Windstream Bankruptcy Filing Will Help Struggling Telecom 'Reorganize' Finances". news.crn.com. February 26, 2019. Archived from the original on February 6, 2023. Retrieved September 6, 2022.
  31. ↑ "Windstream Secures Future for Long-Term Growth and Technology Leadership". The Associated Press. September 21, 2020. Archived from the original on February 25, 2024. Retrieved February 25, 2024.
  32. ↑ "Uniti to Merge with Windstream Creating Premier Insurgent Fiber Provider". Archived from the original on March 18, 2025.
  33. ↑ "Uniti and Windstream Obtain All Necessary Regulatory Approvals to Complete Merger". July 24, 2025. Archived from the original on August 1, 2025. Retrieved August 1, 2025.
  34. ↑ "Uniti Completes Merger with Windstream". Uniti Group, Inc. Retrieved September 19, 2025.
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