Consolidated Communications Makes Strategic Investment to Expand Fiber Services and Enhance the Customer Experience
Through a new strategic investment from Searchlight Capital Partners, a leading private investment firm, Consolidated Communications will become a leading fiber-to-the-home, business and wholesale communications provider.
This investment will deliver significant benefits to the customers and communities we serve, and create a stronger and more resilient company that is well-positioned to support future innovations in technology and meet ever-evolving customer needs.
First and foremost, we will upgrade and expand access to fiber-based Internet services. Our plan involves a five-year build plan with construction beginning in 2021.
We will also make significant investments in our back-office infrastructure. Our digital transformation will introduce modern customer self-service capabilities that make it even easier and more enjoyable for our customers and partners to do business with us. We expect our full transformation to take place over a multi-year period, with significant consumer customer-facing enhancements revealed in 2021.
Bringing Significant Benefits to Our Consumer, Commercial and Carrier Customers
Consolidated is here to move life, business and communities forward with the latest innovations in communication technology and a level of service you won’t find anywhere else. Our investment in expanding fiber services and enhancing the customer experience will benefit each of our core customer groups over the next few years: