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With a Potential Sale of Fiber Assets, Where is Windstream Going as a Telecom Company?

in Broadband News/Broadband's Impact/Fiber by

BROADBAND BREAKFAST INSIGHT: Windstream seems to increasingly be trying to talk and act like an AT&T or Verizon Communications. This article highlights some strong aspects to his heritage as a back-haul fiber-optic provider. If this division is sold, it might mark the continued evolution toward telecom giant status.

Windstream weighs potential sale of certain fiber assets, consumer CLEC assets, from FierceTelecom

As Windstream moves forward with its next-generation service plans focused on consumer broadband and SD-WAN services for businesses, the service provider is considering potential sales of some of its fiber assets and its consumer CLEC business lines.

Bob Gunderman, CFO of Windstream, told investors during the company’s fourth-quarter earnings call that the service provider sees potential in selling some of the assets in its network.

Bob Gunderman

“We believe we still have significant asset value to monetize within our fiber assets that we own outright, and we've been very active in discussions around that opportunity,” Gunderman said during the earnings call, according to a Seeking Alpha earnings transcript. “We continue to dialogue with multiple parties about potential transactions. And while nothing has been completed or announced at this point, we remain optimistic about our opportunities to monetize some of that fiber portfolio.”


Source: Windstream weighs potential sale of certain fiber assets, consumer CLEC assets | FierceTelecom

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