{{Short description|American telecommunications company}} {{more citations needed|date=July 2016}} {{use mdy dates|date=July 2016}} {{use American English|date=July 2016}} {{infobox company | name = Fidium Fiber | trade_name = | logo = | type = Private | traded_as = {{NASDAQ was|CNSL}} (2005-2024) | industry = Telecommunications | founded = {{start date and age|1894}}, as the Mattoon Telephone Company in Mattoon, Illinois, U.S. | hq_location_city = Mattoon, Illinois | hq_location_country = U.S. | num_locations = | key_people = Gaurav Juneja (president & CEO) | products = Data & internet, voice, hosted & managed, cloud services, security services, IT services, wholesale services, TV, residential internet, residential phone, home security | brands = | production = | services = | revenue = {{increase}} US$ 1.2 billion (2022) <ref name='yahoo2022'>{{cite web|url=https://finance.yahoo.com/quote/CNSL/financials?p=CNSL|title=CNSL Income Statement - Consolidated Communications Hol Stock - Yahoo Finance|website=finance.yahoo.com}}</ref> | operating_income = {{increase}} US$ 42.8 million (2022) <ref name='yahoo2022'/> | net_income = | assets = | equity = | num_employees = | website = [https://www.fidiumfiber.com/ Official website] }} '''Fidium Fiber''' provides data, internet, voice, managed and hosted, cloud and IT services to business customers,<ref>{{Cite web |url=https://www.consolidated.com/business |title=Business Services {{!}} Consolidated Communications |website=www.consolidated.com |language=en-US |access-date=2018-01-25}}</ref> and internet, TV, phone, and home security services to residential customers.<ref>{{Cite web |url=https://www.consolidated.com/residential |title=Residential Services {{!}} Consolidated Communications |website=www.consolidated.com |language=en-US |access-date=2018-01-25}}</ref> It began trading on the NASDAQ under ticker symbol CNSL in 2005<ref>{{Cite web|url=http://ir.consolidated.com/faq.cfm|title=Investor FAQs - Consolidated Communications Holdings|website=ir.consolidated.com|language=en|access-date=2018-01-25}}</ref> and went private in December 2024.
== History == Consolidated Communications was founded as the Mattoon Telephone Company in 1894 by Dr. Iverson A. Lumpkin in Mattoon, Illinois.
In 1924, the company became the Illinois Consolidated Telephone Company (ICTC) and began acquiring telephone companies in the region over the next several decades, including telephone companies in Christian County, Montgomery County, the Illinois Southeastern Telephone Company and the Effingham, Illinois, exchange from Illinois Bell.
In 1984, Consolidated Communications, Inc. (CCI) was formed as the parent company of ICTC, Consolidated Communications Directories and Consolidated Market Response.<ref>{{Cite web |title=Richard Lumpkin Obituary (1935 - 2019) - Carmel Valley, Calif, CA - Chicago Tribune |url=https://www.legacy.com/us/obituaries/chicagotribune/name/richard-lumpkin-obituary?id=2804084 |access-date=2023-12-12 |website=Legacy.com}}</ref> In 2002, five years after CCI merged with McLeodUSA,<ref>{{Cite news|url=https://www.wsj.com/articles/SB866417100529830500|title=McLeod to Expand Holdings With Phone Carrier Purchase|last=Keller|first=John|date=1997-06-16|work=Wall Street Journal|access-date=2020-01-15|language=en-US|issn=0099-9660}}</ref> the firm was acquired by a group of investors led by ICTC Chairman and President Richard A. Lumpkin,<ref>{{Cite web|url=https://herald-review.com/obituaries/richard-anthony-lumpkin/article_e4daa3c6-78c9-54e9-8921-57417ee68c0d.html|title=Richard Anthony Lumpkin|website=Herald-Review.com|language=en|access-date=2020-01-15}}</ref> and its name was changed to Consolidated Communications.
In December 2024, Consolidated Communications Holdings, Inc., announced that it had completed its merger with Condor Merger Sub Inc., a subsidiary of Condor Holdings LLC, with investment funds managed by Searchlight Capital Partners and British Columbia Investment Management Corporation. As a result of the merger, the board of directors of Consolidated Communications resigned, and the directors of Condor Merger Sub Inc. took over the roles.<ref>{{Cite web|url = https://www.sec.gov/Archives/edgar/data/1304421/000110465923109248/tm2328485d1_ex2-1.htm |title= AGREEMENT AND PLAN OF MERGER |work=sec.gov |access-date=Jan 6, 2025|language=en}}</ref><ref>{{Cite web|url = https://vermontbiz.com/news/2024/november/20/consolidated-be-acquired-31-billion |title= Consolidated to be acquired for $3.1 billion |work=vermontbiz.com |access-date=Jan 6, 2025 |language=en}}</ref><ref>{{Cite web|url=https://www.marketscreener.com/quote/stock/BLACKROCK-INC-176512022/news/Searchlight-Capital-Partners-L-P-on-behalf-of-its-affiliated-investment-funds-and-British-Columbi-48659946/|title=Searchlight Capital Partners, L.P., on behalf of its affiliated investment funds and British Columbia Investment Management Corporation completed the acquisition of remaining 65.7% stake in Consolidated Communications Holdings, Inc. from Searchlight III CVL, L.P., managed by Searchlight Capital Partners, L.P., BlackRock, Inc., The Vanguard Group, Inc., Wildcat Capital Management, LLC and others.|work=MarketScreener|access-date=2024-12-28|language=en}}</ref>
In September 2025, Consolidated Communications Holdings, Inc. finalized its rebrand to Fidium.
== States == The company offers internet, traditional landline phone or VoIP, home security, pay television, web hosting, and wholesale data) in 23 states across the United States.<ref>[https://www.consolidated.com/about-us/locations Consolidated state locations]</ref> {{clear}}
== Acquisition History == * In April 2004, Consolidated Communications acquired Texas-based TXU Communications.<ref>{{Cite web|url=https://www.sec.gov/Archives/edgar/data/1304421/000095012305010611/y12402e10vq.htm|title=CONSOLIDATED COMMUNICATIONS HOLDINGS INC.|website=www.sec.gov|access-date=2018-01-25}}</ref> * In December 2007, Consolidated Communications acquired North Pittsburgh Systems Inc., including North Pittsburgh Telephone Company, Nauticom and Penn Telecom.<ref>{{Cite web|url=http://ir.consolidated.com/releasedetail.cfm?ReleaseID=472769|title=Consolidated Communications Completes Acquisition of North Pittsburgh Systems, Inc. and Plans First Quarter 2008 Launch of IPTV Service in Pennsylvania (NASDAQ:CNSL)|website=ir.consolidated.com|language=en|access-date=2018-01-25|archive-url=https://web.archive.org/web/20180125135006/http://ir.consolidated.com/releasedetail.cfm?ReleaseID=472769|archive-date=January 25, 2018|url-status=dead}}</ref> * In July 2012, Consolidated Communications acquired SureWest Communications, extending the company's reach to Roseville and Sacramento, California, and Kansas City.<ref>{{Cite web|url=http://ir.consolidated.com/releasedetail.cfm?ReleaseID=688516|title=Consolidated Communications Completes Acquisition of SureWest Communications (NASDAQ:CNSL)|website=ir.consolidated.com|language=en|access-date=2018-01-25|archive-url=https://web.archive.org/web/20180125134821/http://ir.consolidated.com/releasedetail.cfm?ReleaseID=688516|archive-date=January 25, 2018|url-status=dead}}</ref> * In October 2014, Consolidated Communications acquired Enventis Corporation, formerly HickoryTech, adding operations in Minnesota, Iowa, Wisconsin, South Dakota and North Dakota to the company's portfolio.<ref>{{Cite web|url=http://ir.consolidated.com/releasedetail.cfm?ReleaseID=876629|title=Consolidated Communications Completes Acquisition of Enventis Corporation (NASDAQ:CNSL)|website=ir.consolidated.com|language=en|access-date=2018-01-25|archive-url=https://web.archive.org/web/20180126012415/http://ir.consolidated.com/releasedetail.cfm?ReleaseID=876629|archive-date=January 26, 2018|url-status=dead}}</ref> * In July 2016, Consolidated Communications acquired Champaign Telephone Company (CTC), a business communications provider in the Champaign-Urbana, Illinois, area.<ref>{{Cite web|url=http://ir.consolidated.com/releasedetail.cfm?ReleaseID=977989|title=Consolidated Communications Completes Acquisition of Champaign Telephone Company (CTC) (NASDAQ:CNSL)|website=ir.consolidated.com|language=en|access-date=2018-01-25|archive-url=https://web.archive.org/web/20180125135004/http://ir.consolidated.com/releasedetail.cfm?ReleaseID=977989|archive-date=January 25, 2018|url-status=dead}}</ref> * In July 2017, Consolidated Communications acquired FairPoint Communications, expanding the company's service area to 24 states.<ref>{{Cite web|url=http://ir.consolidated.com/releasedetail.cfm?ReleaseID=1032026|title=Consolidated Communications Completes FairPoint Acquisition (NASDAQ:CNSL)|website=ir.consolidated.com|language=en|access-date=2018-01-25|archive-url=https://web.archive.org/web/20180126012413/http://ir.consolidated.com/releasedetail.cfm?ReleaseID=1032026|archive-date=January 26, 2018|url-status=dead}}</ref> {{clear}}
==References== {{reflist}}
==External links== * {{official website}} {{Finance links historical | sec_cik = 1304421 }}
{{United States telephone companies}} {{Internet service providers of the United States}} {{CATV USA}} {{authority control|state=expanded}}
Category:1894 establishments in Illinois Category:American companies established in 1894 Category:Telecommunications companies of the United States Category:Internet service providers of the United States Category:Telecommunications companies established in 1894 Category:Companies based in Coles County, Illinois Category:2005 initial public offerings Category:2024 mergers and acquisitions Category:Companies formerly listed on the Nasdaq