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Home › Searchlight to invest USD 425 mln into Consolidated Communications

 

Searchlight to invest USD 425 mln into Consolidated Communications

2020-09-14 14:14:00| Telecompaper Headlines

(Telecompaper) Investment firm Searchlight Capital Partners has agreed to hoist its stake in Consolidated Communications to 35 percent for a total of USD 425 million. The deal has been approved by the board of directors of Consolidated, which will use the money to accelerate fibre deployment and to reduce debt.

Tags: communications usd invest consolidated

Category:Telecommunications

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