Windstream Bankruptcy a ‘Potential Response’ After Court Defeat
A $310 million judgment against the communications giant was “disappointing, and frankly surprising.”
A $310 million judgment against the communications giant was “disappointing, and frankly surprising.”
Communications Sales and Leasing Inc. believes it is the first real-estate investment trust to focus on the acquisition and leasing of communication distribution systems.
In other news, Windstream affirmed its financial guidance for the year.
Check out the channel takeaways from this week’s earnings call that have gone largely overlooked.
The Arkansas-based telecommunications company anticipating closing the REIT spinoff in the first half of 2015.
The new hire will have a major influence on how the products and services partners sell are positioned.
Windstream, the Little Rock, Arkansas-based telecommunications company, anticipates closing the transaction in the first half of 2015, pending the satisfaction of closing conditions including final approval by Windstream’s board of directors.
Windstream announced it will hold a special meeting of stockholders on Feb. 20, 2015, in conjunction with the spinoff to approve a one-for-six reverse stock split
REITs have garnered increased attention in telecom after Windstream announced an agreement to spin off its telecom network assets into one under a tax-free transaction that the company said will enable it to lower debt by $3.2 billion and boost cash flow.
One of the benefits of a REIT, explained Clinton Holmes of Black Coral Research, is that it can distribute more than 90 percent of their taxable income to unit holders without paying tax.
.@Windstream asks for extention in #chapter11 protection process. #bankruptcy dlvr.it/RKyv2s
December 09 2019 @ 21:49:32 UTC
Read #SDWAN insights from @PlanetOneComm, @SilverPeak and @AryakaNetworks. dlvr.it/RKyqPg
December 09 2019 @ 21:18:32 UTC
.@Gartner_inc latest #WAN Edge Magic Quadrant is out, and we talked to @CloudGenix about its position. dlvr.it/RKprsh
December 06 2019 @ 23:20:32 UTC
.highwirentwks taps 20-year operations veteran Charles Hughes to be their COO. #channelpeopleonthemove dlvr.it/RKpbrB
December 06 2019 @ 21:20:33 UTC
.@AppSmart_com buys yet another #masteragent, @CNSGCLOUD, following WTG and Telegration. dlvr.it/RKlSdY
December 05 2019 @ 22:38:31 UTC
.@Telarus formed a supplier partnership with @DynalinkCom. dlvr.it/RKl556
December 05 2019 @ 19:59:32 UTC
.@gocloudgirls and @AllianceOfCW open nominations for awards at #CPExpo. dlvr.it/RKl54s
December 05 2019 @ 19:59:32 UTC
.@dws2019’s Nathan Marke talk about his keynote on telecoms and the digital experience ahead of #EvolutionEU. dlvr.it/RKgyQ6
December 04 2019 @ 22:19:32 UTC
