Private company

Consolidated Communications Holdings, Inc.

In its 2024 annual report the company says: “Consolidated Communications Holdings, Inc. is a Delaware holding company with operating subsidiaries that provide a wide range of communication solutions to consumer, commercial and carrier channels across a service area in over 20 states. In addition to our focus on organic growth, we have achieved business growth and a diversification of revenue and cash flow streams through our acquisitions over a 15-year period from 2002 to 2017 that have created a strong platform and expanded network for future expansion.”4 It is headquartered in Mattoon, Illinois.1

Last updated Oct 20, 2026.

Overview

  • IndustryTelephone Communications (No Radiotelephone)1
  • HeadquartersMattoon, Illinois1
  • Incorporated inDE2
  • Business address121 South 17Th Street, Mattoon, Il 619382
  • Filer categoryAccelerated filer2

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Consolidated Communications Holdings, Inc. is a Delaware holding company with operating subsidiaries that provide a wide range of communication solutions to consumer, commercial and carrier channels across a service area in over 20 states. We were founded in 1894 as the Mattoon Telephone Company. After several acquisitions, the Mattoon Telephone Company was incorporated as the Illinois Consolidated Telephone Company in 1924. We were incorporated under the laws of Delaware in 2002, and through our predecessors, we have been providing communication services in many of the communities we serve for more than 125 years.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-14.2%Operating margin5
-22.5%Net margin5
-6.8%Revenue growth, 20235
-61.5%Return on equity5
5.27×Debt to equity5
-$400.4MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Selling, general and admin31¢$340.3M
  • Other costs65¢$718.3M
  • Income tax5¢$51.6M

Out of $1.1B in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Capital spending100¢$515.0M

Out of $114.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue67895$1.1B in 2023+5% since 2017
0$500.0M$1.0B$1.5B2017: $1.1B$1.1B20172018: $1.4B$1.4B2018+32%2019: $1.3B$1.3B2019−4%2020: $1.3B$1.3B2020−2%2021: $1.3B$1.3B2021−2%2022: $1.2B$1.2B2022−7%2023: $1.1B$1.1B2023−7%
Operating income67895-$158.2M in 2023
-$200.0M-$100.0M0$100.0M$200.0M2017: $38.9M$38.9M20172018: $19.0M$19.0M2018−51%2019: $81.3M$81.3M2019+328%2020: $135.5M$135.5M2020+67%2021: $135.2M$135.2M2021−0%2022: -$93.2M-$93.2M20222023: -$158.2M-$158.2M2023+70%
Net income675-$250.1M in 2023
-$300.0M-$200.0M-$100.0M0$100.0M$200.0M2017: $64.9M$64.9M20172018: -$50.8M-$50.8M20182019: -$20.4M-$20.4M2019−60%2020: $37.0M$37.0M20202021: -$106.7M-$106.7M20212022: $140.6M$140.6M20222023: -$250.1M-$250.1M2023
Fiscal year2017201820192020202120222023
Revenue$1.1B6$1.4B7$1.3B8$1.3B9$1.3B5$1.2B5$1.1B5
Selling, general and admin$249.1M6$333.6M7$299.1M8$275.4M9$271.1M5$301.7M5$340.3M5
Operating income$38.9M6$19.0M7$81.3M8$135.5M9$135.2M5-$93.2M5-$158.2M5
Income before tax-$142.3M5-$204.8M5-$301.7M5
Income tax-$124.9M6-$24.1M7-$3.7M8$1.7M9-$3.1M5-$27.1M5-$51.6M5
Net income$64.9M6-$50.8M7-$20.4M7$37.0M7-$106.7M5$140.6M5-$250.1M5
Earnings per share-$0.298$0.479-$1.265$0.875-$2.605
Earnings per share (diluted)-$0.298$0.479-$1.265$0.875-$2.605
Shares (weighted, basic)87.3M shares5111.8M shares5113.1M shares5
Shares (weighted, diluted)87.3M shares5111.8M shares5113.1M shares5

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Corporate structure

Consolidated Communications Holdings, Inc. sits at the top of its group. 38 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Consolidated Communications Holdings, Inc.

  • Searchlight III CVL, LLC Filed SCHEDULE 13D/A on Consolidated Communications Holdings, Inc., latest Dec 31, 2024 (7 filings since Dec 8, 2021)
  • VANGUARD GROUP INC Filed SC 13G/A on Consolidated Communications Holdings, Inc., latest Feb 13, 2024 (3 filings since Feb 9, 2022)
  • PRIVATE MANAGEMENT GROUP INC Filed SC 13G/A on Consolidated Communications Holdings, Inc., latest Feb 10, 2022
  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Consolidated Communications Holdings, Inc., latest Feb 8, 2022
  • Consolidated Communications Holdings, Inc. Mattoon, Illinois
    • Berkshire Cable Corp. Subsidiary · New York, United States
    • Berkshire Cellular, Inc. Subsidiary · New York, United States
    • Berkshire New York Access, Inc. Subsidiary · New York, United States
    • Berkshire Telephone Corporation Subsidiary · New York, United States
    • C&E Communications, Ltd. Subsidiary · New York, United States
    • Chautauqua & Erie Communications, Inc. Subsidiary · New York, United States
    • Chautauqua and Erie Telephone Corporation Subsidiary · New York, United States
    • Clio Parent, LLC Subsidiary · Delaware, United States
    • Clio Subsidiary, LLC Subsidiary · Delaware, United States
    • Consolidated Communications Enterprise Services, Inc. Subsidiary · Delaware, United States
    • Consolidated Communications Finance III Co. Subsidiary · Delaware, United States
    • Consolidated Communications of California Company Subsidiary · California, United States
    • Consolidated Communications of Central Illinois Company Subsidiary · Illinois, United States
    • Consolidated Communications of Colorado Company Subsidiary · Delaware, United States
    • Consolidated Communications of Comerco Company Subsidiary · Washington, United States
    • Consolidated Communications of Florida Company Subsidiary · Florida, United States
    • Consolidated Communications of Illinois Company Subsidiary · Illinois, United States
    • Consolidated Communications of Kansas Company Subsidiary · Kansas, United States
    • Consolidated Communications of Maine Company Subsidiary · Maine, United States
    • Consolidated Communications of Minnesota Company Subsidiary · Minnesota, United States
    • Consolidated Communications of Missouri Company Subsidiary · Missouri, United States
    • Consolidated Communications of New York Company, LLC Subsidiary · Delaware, United States
    • Consolidated Communications of Northern New England Company, LLC Subsidiary · Delaware, United States
    • Consolidated Communications of Northland Company Subsidiary · Delaware, United States
    • Consolidated Communications of Ohio Company, LLC Subsidiary · Delaware, United States
    • and 12 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Consolidated Communications Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$5.2B5 Dec 31, 2023$4.8B5 Dec 31, 2022+9.9%
Accumulated depreciation$3.0B5 Dec 31, 2023$2.8B5 Dec 31, 2022+9.0%
Property and equipment, net$2.4B5 Dec 31, 2023$2.2B5 Dec 31, 2022+9.6%
Finance-lease assets$57.2M5 Dec 31, 2023$42.8M5 Dec 31, 2022+33.6%
Operating-lease assets (leased space)$29.4M5 Dec 31, 2023$26.5M5 Dec 31, 2022+10.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.8M5 Dec 31, 2023$325.9M5 Dec 31, 2022−98.5%
Marketable securities, current$88.0M5 Dec 31, 2022$110.8M9 Dec 31, 2021−20.6%
Debt securities held to maturity$88.0M5 Dec 31, 2022$110.8M9 Dec 31, 2021−20.6%
Long-term investments$8.9M5 Dec 31, 2023$10.3M5 Dec 31, 2022−13.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$814.6M5 Dec 31, 2023$929.6M5 Dec 31, 2022−12.4%
Finite-lived intangibles, net$18.6M5 Dec 31, 2023$43.1M9 Dec 31, 2022−56.8%

Leadership

Who has led Consolidated Communications Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert J. Currey2006–2019
  2. C. Robert Udell Jr.2015–2024

Chair

  1. Richard Anthony Lumpkin2007–2012
  2. Robert J. Currey2013–2019

President

  1. Robert J. Currey2006–2013
  2. C. Robert Udell Jr.2013–2024

Chief financial officer

  1. Steven L. Childers2006–2022
  2. Fred Graffam2022–2024

Chief operating officer

  1. C. Robert Udell Jr.2012–2014
2010201520202025
Board members and other officers (15)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Berkshire Cable Corp. New York3
  • Berkshire Cellular, Inc. New York3
  • Berkshire New York Access, Inc. New York3
  • Berkshire Telephone Corporation New York3
  • C&E Communications, Ltd. New York3
  • Chautauqua & Erie Communications, Inc. New York3
  • Chautauqua and Erie Telephone Corporation New York3
  • Clio Parent, LLC Delaware3
  • Clio Subsidiary, LLC Delaware3
  • Consolidated Communications Enterprise Services, Inc. Delaware3
  • Consolidated Communications Finance III Co. Delaware3
  • Consolidated Communications of California Company California3
  • Consolidated Communications of Central Illinois Company Illinois3
  • Consolidated Communications of Colorado Company Delaware3
  • Consolidated Communications of Comerco Company Washington3
  • Consolidated Communications of Florida Company Florida3
  • Consolidated Communications of Illinois Company Illinois3
  • Consolidated Communications of Kansas Company Kansas3
  • Consolidated Communications of Maine Company Maine3
  • Consolidated Communications of Minnesota Company Minnesota3
  • Consolidated Communications of Missouri Company Missouri3
  • Consolidated Communications of New York Company, LLC Delaware3
  • Consolidated Communications of Northern New England Company, LLC Delaware3
  • Consolidated Communications of Northland Company Delaware3
All 37 listed subsidiaries
  • Consolidated Communications of Ohio Company, LLC Delaware3
  • Consolidated Communications of Oklahoma Company Oklahoma3
  • Consolidated Communications of Pennsylvania Company, LLC Delaware3
  • Consolidated Communications of Texas Company Texas3
  • Consolidated Communications of Vermont Company, LLC Delaware3
  • Consolidated Communications of Washington Company, LLC Delaware3
  • Consolidated Communications, Inc. Illinois3
  • East Texas Fiber Line Incorporated (63% ownership) Texas3
  • FairPoint Business Services LLC Delaware3
  • St. Joe Communications, Inc. Florida3
  • Taconic Technology Corp. New York3
  • Taconic Telcom Corp. New York3
  • Taconic Telephone Corp. New York3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Consolidated Communications Illinois Holdings, Inc.Oct 26, 2004 to Jul 29, 20052

Timeline

  1. Dec 27, 20248-K Other events35
  2. Dec 27, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer36
  3. Dec 23, 20248-K Other events37
  4. Nov 5, 20248-K Results of operations38
  5. Oct 10, 20248-K Other events39
  6. Aug 30, 20248-K Other events40
  7. Aug 6, 20248-K Results of operations41
  8. Jun 3, 20248-K Shareholder vote42
  9. May 7, 20248-K Results of operations43
  10. Mar 27, 20248-K Entered a material agreement; New debt or obligation44
  11. Mar 5, 20248-K Results of operations45
  12. Feb 1, 20248-K Shareholder vote; Other events46
  13. Mar 10, 2015New chief executive C. Robert Udell Jr. becomes CEO14
  14. Nov 15, 2006New chief executive Robert J. Currey becomes CEO15

Calendar

When it reported results

  1. Nov 5, 2024Reported quarterly or annual results38
  2. Aug 6, 2024Reported quarterly or annual results41
  3. May 7, 2024Reported quarterly or annual results43
  4. Mar 5, 2024Reported quarterly or annual results45
  5. Nov 7, 2023Reported quarterly or annual results47
  6. Aug 8, 2023Reported quarterly or annual results48
  7. May 2, 2023Reported quarterly or annual results49
  8. Feb 28, 2023Reported quarterly or annual results50

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

169 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 38 major events, 50 insider forms, 16 large holders, 52 other. The latest 20:

  1. Jan 6, 202515-12G EDGAR
  2. Jan 2, 20254 OWNERSHIP DOCUMENT EDGAR
  3. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  4. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  5. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  6. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  7. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  8. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  9. Dec 31, 20244 OWNERSHIP DOCUMENT EDGAR
  10. Dec 31, 2024SC 13E3/A EDGAR
  11. Dec 31, 2024SCHEDULE 13D/A EDGAR
  12. Dec 27, 202425-NSE EDGAR
  13. Dec 27, 2024S-8 POS EDGAR
  14. Dec 27, 2024S-8 POS EDGAR
  15. Dec 27, 2024S-8 POS EDGAR
  16. Dec 27, 2024S-8 POS EDGAR
  17. Dec 27, 2024S-8 POS EDGAR
  18. Dec 27, 2024S-8 POS EDGAR
  19. Dec 27, 2024S-8 POS EDGAR
  20. Dec 27, 2024S-8 POS EDGAR

The 169 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Consolidated Communications Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARConsolidated Communications Holdings, Inc.1
  • CIK0001304421
  • Employer ID (EIN)02-06360951
  • Filer statusAccelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)4813 Telephone Communications (No Radiotelephone)1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address121 South 17Th Street, Mattoon, IL 619381
  • Phone(217) 235-33111
  • Shares outstanding118,467,780 as of Oct 29, 202411
  • Public float$286.2M as of Jun 30, 20235
  • On EDGAR sinceOct 26, 20041
  • Filings1,132 in all: 4 (412), 8-K (251), 425 (76), SC 13G/A (64), 10-Q (59), 11-K (26), DEFA14A (25), 3 (23)1
    All 42 form types

    10-K (19), DEF 14A (19), UPLOAD (17), SC 13G (15), S-4/A (14), CORRESP (13), S-8 POS (11), S-8 (8), S-1/A (7), S-4 (7), SC 13D/A (7), 8-K/A (6), EFFECT (6), 3/A (5), 424B3 (5), SC 13E3/A (5), 4/A (4), NT 11-K (4), ARS (3), DEFR14A (3), PX14A6G (3), 5 (2), PRE 14A (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12G (1), DEFM14A (1), PREM14A (1), PRER14A (1), S-1 (1), SC 13D (1), SC 13E3 (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 5, 2024
    Quarterly report (10-Q) Nov 5, 2024
    Proxy statement (DEF 14A) Apr 18, 2024
    Latest 8-K (8-K) Dec 27, 2024

Sources

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