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.
.@SungardAS #cartoon pokes fun at #containersecurity, which can be a serious issue. Something partners can address. dlvr.it/RBf3bd
August 21 2019 @ 21:39:02 UTC
.@Avaya #acquisition rumors intensify with @Mitel as mostly likely buyer. #UCaaS dlvr.it/RBf1yv
August 21 2019 @ 21:25:03 UTC
.@pax8, @MomentumTelecom and @Telarus made the #Inc5000 earlier this month. dlvr.it/RBcv7L
August 21 2019 @ 14:41:02 UTC
.@GSMA Ana Tavares Lattibeaudiere has something to say about #5G. #CPEvolution dlvr.it/RBZk5V
August 20 2019 @ 22:16:01 UTC
.@ScanSource fourth quarter financials disappoint. Company to sell off some businesses and focus on more profitable… twitter.com/i/web/status/1…
August 20 2019 @ 21:54:04 UTC
.@Channel_Expo is only 3 WEEKS AWAY and this year's event is shaping up to be even better than the last! Take advan… twitter.com/i/web/status/1…
August 20 2019 @ 21:15:35 UTC
.@Mitel tapped by @temgworldwide as lowest-priced in #UCaaS, and big on promotion. #hostedPBX dlvr.it/RBZWnL
August 20 2019 @ 20:53:03 UTC
.@CenturyLinkBiz announces Simple Internet + Digital Phone service. #digitalphone dlvr.it/RBZSHr
August 20 2019 @ 20:18:32 UTC
