|Bid||4.43 x 3100|
|Ask||4.98 x 1800|
|Day's Range||4.44 - 4.64|
|52 Week Range||4.44 - 20.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.21|
The amendment of the 2020 Exchange Offer (i) extends the Early Tender Date and the Expiration Date to 11:59 p.m., New York City time, on July 26, 2018, (ii) increases the interest rate on the New 2024 Notes from 9.375% to 10.500% and makes corresponding changes to the optional redemption prices for the New 2024 Notes and (iii) revises the terms of the New 2024 Notes to provide that certain redemption premiums shall be payable in the event the New 2024 Notes are accelerated or otherwise become due prior to their stated maturity date, including as a result of certain bankruptcy events with respect to the Issuers and certain of their subsidiaries. All other terms and conditions of the 2020 Exchange Offer remain unchanged. The specific terms of the amendment of the 2020 Exchange Offer will be set forth in a supplement to the applicable offering memorandum.
LITTLE ROCK, Ark., July 09, 2018-- Windstream will hold a conference call at 7:30 a.m. CDT on Aug. 9 to review the company's second-quarter earnings results.. Interested parties can access the call by ...
Windstream Holdings, Inc. (WIN) announced today that its wholly-owned subsidiaries, Windstream Services, LLC and Windstream Finance Corp. are extending the early tender date (the “Early Tender Date”) of each of their previously announced exchange offers with respect to certain series of their outstanding senior notes. The Early Tender Date for the offer to exchange 7.75% senior notes due 2020 (“2020 Notes”) for new 9.375% senior second lien notes due 2024 (the “New 2024 Notes”) (the “2020 Exchange Offer”) has been extended to the expiration date for the 2020 Exchange Offer, which is 11:59 p.m., New York City time, on July 20, 2018.
Frontier Communications stock (FTR) declined 30% in June to close at $5.36. The stock is currently trading at $4.99, which is 1.4% above its 52-week low of $4.92 and 73% below its 52-week high of $18.21. FTR has fallen more than 70% in the last 12 months after falling 84% in 2017.
In response, Windstream sued Aurelius and US Bank NA, the indenture trustee on Windstream’s bonds, and has asked a federal judge to rule that it isn’t in default over the 2015 spinoff. Aurelius and US Bank claim Windstream’s spinoff amounts to a sale-leaseback deal, which is prohibited under the company’s bond indentures.
NEW YORK, June 29, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of QEP ...
Windstream Holdings, Inc. (WIN) announced today that its wholly-owned subsidiaries, Windstream Services, LLC and Windstream Finance Corp. are extending the following terms of their previously announced exchange offers with respect to certain series of its outstanding senior notes: (i) the early tender date (the “Early Tender Date”) and (ii) the expiration date (the “Expiration Date”) to allow holders additional time to comply with the tender procedures described in the offering documents. The amendment of the offer to exchange 7.75% senior notes due 2020 (“2020 Notes”) for new 9.375% senior second lien notes due 2024 (the “New 2024 Notes”) (the “2020 Exchange Offer”) extends (i) the Early Tender Date to 5:00 p.m., New York City time, on July 6, 2018 and (ii) the Expiration Date to 11:59 p.m., New York City time, on July 20, 2018.
Windstream Services LLC RATINGS DOWNGRADE Ongoing bondholder disputes engulfing network communications company Windstream Services LLC are impacting its landlord, Uniti Group Inc. Moody’s Investors Service last week cut its credit rating on Uniti, a real-estate investment trust, to Caa1 from B3 following a downgrade of Windstream, Uniti’s largest tenant and the source of 70% of its revenue.
As of June 19, AT&T (T) is the largest US telecommunications player by market cap at ~$237.3 billion, followed by Verizon (VZ) at ~$200.4 billion. Among the other competitors in the US wireline space, Frontier Communications (FTR) has a market cap of ~$0.6 billion.
Windstream Enterprise, a leading provider of advanced network communications, today announced that Physician One Urgent Care, serving Connecticut, New York and Massachusetts, has positioned itself to provide reliable access for patients as it continues to expand across the tri-state region. Windstream Enterprise (WE) channel partner Infinite Technology Consulting (ITC) recommended OfficeSuite UC to Physician One as a solution that could replace their outdated legacy system, and provide a cost-effective solution that could grow with them as their needs changed. “When we met with ITC, we were struggling with adding new facilities to our existing premise-based phone system,” says Mayara Miranda, Physician One IT system analyst.
Windstream (WIN) unit to showcase its Power of One solution at the HITEC in Houston to assist hoteliers in improving overall guest experience.
In the telecommunications sector, losses by strategics are increasingly translating into gains for private-equity firms. Inc., which is weighing a sale of its competitive local exchange carrier business as part of a broader effort to lower debt and offset declining growth. For telecom investors that have long focused their sights on fast-growing companies, the sales process highlights an emerging opportunity: legacy businesses that have been overlooked by their parent entities.
Windstream Enterprise, a leading provider of advanced network communications, announced today that it will spotlight its Power of One solution at HITEC, the world’s largest hospitality technology show in Houston, June 18–21, 2018. The Power of One recognizes that the industry’s many challenges require a technology partner that can help hospitality providers anticipate and thrive in an environment where guests’ needs and dynamics are changing, demands for new-build properties are increasing, and brand standards continue to drive convergence requirements. “The concept behind the Power of One is very simple: one customer dealing with just one vendor as a single-source telecommunication services provider who delivers collaborative project management, ease of ordering and fulfillment, unified account management, and most important, accountability,” says Joseph Harding, executive vice president and chief marketing officer for Windstream Enterprise & Wholesale.
Domestic stocks: Pareteum Corp. (NYSE AMER: TEUM), Ribbon Communications Inc. (NASDAQ: RBBN), Verizon Communications Inc. (NYSE: VZ), and Windstream Holdings Inc. (NASDAQ: WIN). All you have to do is sign up today for this free limited time offer by clicking the link below.
Windstream Holdings, Inc. (WIN) announced today that its wholly-owned subsidiaries, Windstream Services, LLC (the “Issuer”) and Windstream Finance Corp. (the “Co-Issuer” and, together with the Issuer, the “Issuers,” “Windstream,” or the “Company”), are commencing certain debt exchange offers with respect to certain series of the Company’s senior notes. Windstream believes these debt exchange offers, if accepted, will provide the Company with an extended maturity profile and enhance its liquidity over the coming years. The Company is offering to exchange (the “2020 Exchange Offer”) any and all of its 7.75% senior notes due 2020 (the “2020 Notes”) for new 9.375% senior second lien notes due 2024 (the “2024 Second Lien Notes”).
The asset-less telecom started out with a weak earnings report, followed up by a reverse stock split and a desperate debt negotiation tactic.
Tony Thomas is the CEO of Windstream Holdings Inc (NASDAQ:WIN), which has recently grown to a market capitalization of US$240.23M. Understanding how CEOs are incentivised to run and grow theirRead More...
The consent solicitation expired at 5:00 p.m. New York time on June 5, 2018 (the “Expiration Date”). Holders of the Notes who validly delivered (and did not validly revoke) consents to the Amendments in the manner described in the Consent Solicitation Statement will receive a consent payment equal to $2.50 per $1,000 principal amount of Notes (the “Consent Payment”).
Windstream (WIN), a leading provider of advanced network communications and technology solutions, said today that its initiative to hire military veterans is providing career opportunities for a growing number of veterans in Georgia. From January 2017 through the first quarter of 2018, Windstream hired 54 veterans in Georgia. “I’m both proud and humbled that military veterans are finding a welcoming home in Windstream,” said J Berkshire, president of Windstream Operations in Georgia.
LITTLE ROCK, Ark., June 04, 2018-- Tony Thomas, president and chief executive officer of Windstream, will speak at 1:45 p.m. CDT on Tuesday, June 5 at the Morgan Stanley Leveraged Finance Conference in ...
As of May 24, 2018, AT&T (T) was the largest US telecom player by market capitalization at ~$201.3 billion, followed by Verizon (VZ) at ~$201.0 billion. In the US wireline space, Frontier (FTR) had a market capitalization of ~$0.6 billion. Meanwhile, this metric for CenturyLink (CTL) and Windstream (WIN) was ~$20.5 billion and ~$0.3 billion, respectively.
Frontier (FTR) reported adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $908 million in Q1 2018. Adjusted EBITDA exceeded the Wall Street analyst expectations of $900 million. However, adjusted EBITDA numbers fell from both the year-ago quarter and the sequential quarter due to high seasonal costs. Adjusted EBITDA fell ~2.9% year-over-year (or YoY) from $935 million in Q1 2017 and ~1.2% from $919 million in Q4 2017. Moreover, Frontier anticipates adjusted EBITDA in 2018 will come in at approximately $3.6 billion.
Charter Communications (CHTR) has been consistently investing in capital expenditures (or capex) to improve its network. Charter Communications restarted all-digital projects in the remaining Bright House and Time Warner Cable markets that are not yet all-digital, as well as the deployment of 1 Gbps speeds via DOCSIS 3.1 technology across its footprint. In the first quarter, Charter spent $2.2 billion on capital expenditures compared to $1.6 billion on capital expenditures in the first quarter of 2017.