WINDSTREAM HOLDINGS, INC.

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Windstream to Expand Gigabit Broadband Service in Georgia With FCC Support

03/04/2021 | 09:00am EDT

Windstream has submitted its application to receive $147 million over 10 years in the FCC’s Rural Digital Opportunity Fund (RDOF) Phase I auction to bring fiber-to-the-home internet services to more than 48,000 locations in Georgia. RDOF Phase I targets wholly unserved census blocks, defined as those blocks where no location receives 25/3 Mbps broadband. Windstream has significantly expanded broadband access across Georgia over the past six years, investing more than $525 million during that period. At the end of 2020, 500,000 households qualified for speeds of 25 Mbps or higher. In addition, Windstream deployed gigabit speeds to 100,000 locations in 2020, bringing the total in Georgia to 150,000. The company will continue to invest in its gigabit network in 2020 and beyond.


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Financials (USD)
Sales 2020 4 689 M - -
Net income 2020 2 145 M - -
Net Debt 2020 6 418 M - -
P/E ratio 2020 0,02x
Yield 2020 -
Capitalization 3,40 M 3,40 M -
EV / Sales 2019 1,96x
EV / Sales 2020 1,37x
Nbr of Employees 11 080
Free-Float -
Income Statement Evolution
Managers and Directors
Anthony W. Thomas President, Chief Executive Officer & Director
Robert E. Gunderman Chief Financial Officer
Paul H. Sunu Chairman
Stephen Farkouh Chief Information Officer
Rodney Hawkins Chief Compliance Officer & VP-Internal Audit
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1st jan.Capi. (M$)
WINDSTREAM HOLDINGS, INC.-12.22%3