Windstream Holdings
[4] The company also offers residential broadband, phone and digital streaming TV services to consumers within its coverage area.[10] In October 2014, Windstream launched the Kinetic brand with the announcement of a new TV entertainment service delivered through the IPTV platform Ericsson Mediaroom.Kinetic services includes high-speed Internet, entertainment, phone and security products for homes and businesses.[19][20] In September 2020, emerging from bankruptcy as a privately held company, Windstream successfully completed its financial restructuring process and reduced its debt by over $4 billion.The acquisition would result in an addition of approximately 158,000 access lines and 29,000 broadband customers, nearly doubling the company's presence in North Carolina.[29] On August 17, 2010, the company announced that it had entered into a definitive agreement to acquire Q-Comm Corporation in a transaction valued at approximately $782 million.This includes Q-Comm's wholly owned subsidiaries Kentucky Data Link, Inc. (KDL),[30] a fiber services provider in 22 states and Norlight, Inc.,[31] a CLEC primarily serving the Midwest.[36] After the market closed on Friday April 24, 2015 legacy rural telecom provider Windstream Holdings, Inc. (NASDAQ: WIN) announced that it had completed the tax-free spinoff of "select telecommunications network assets," into Communications Sales and Leasing Inc. (CS&L).In January 2016, the company announced it was extending its 100 Gigabit Ethernet (100G) network from New Jersey data center operator NJFX's presence at Tata Communications' Cable Landing Station (CLS) in Wall Township, N.J., to Ashburn, Virginia's Internet hub.