Windstream Holdings, Inc. is a Delaware Corporation. It was created in July 2006 through the spin-off of Alltel Corporation's landline division and merger with VALOR Communications. The resulting company was renamed Windstream Corporation. The Company's segments include: Consumer and Small Business - ILEC, Carrier, Enterprise, and Small Business - CLEC, as further defined below. This structure aligns all aspects of the customer relationship (sales, service delivery, and customer service) to improve accountability to the customer and sharpen our operational focus. The Company is a provider of communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, it offers broadband, voice and video services to consumers in rural markets. The Company offers a portfolio of products and services to meet the communications and technology needs of its customers. Its business data services include Multi-site networking, which provides private, secure multi-site connections for large businesses with multiple locations; High-speed Internet access services, which provides reliable broadband Internet access, including high-speed T1, Dedicated Internet and Ethernet Internet options; and Data centers, which offers cloud computing, colocation, dedicated server, managed services and disaster recovery solutions. Its consumer services consist of high-speed Internet, voice and video services. The Company offers consumer video services through a relationship with Dish Network LLC. The Company also owns and operates cable television franchises in some of its service areas. The Company's video offerings allow them to provide comprehensive bundled services to its consumer base, helping insulate customers from competitors. The Company provides switched access services to long-distance companies and other local exchange carriers for access to its network in connection with the completion of long-distance calls. The Company also receives compensation from wireless and other local exchange carriers for the use of its facilities. Consumer sales are made through various distribution channels giving new and existing customers' choices in how interact and experience its products and services. Additionally, the Company offers customers the opportunity to order service and purchase a number of products designed to enhance their existing services, such as tablet computers, telephones and accessories at any of its approximately 60 retail stores located in its local service areas. The Company's fiber transport network is fully integrated and allows offering a full suite of voice and data services, including, but not limited to, multi-site networking, dedicated Internet and Ethernet solutions, high-speed Internet and VoIP services. The Company's owned local networks consist of central office digital switches, routers; loop carriers and virtual and physical colocations interconnected with fiber, copper and microwaved facilities. A mix of fiber optic and copper facilities connect its customers with the core network. The Company's competitors are other communications providers and cable television companies. The Company is subject to regulatory oversight by the FCC for particular interstate matters and state public utility commissions ("PUCs") for certain intrastate matters. It is also subject to various federal and state statutes that direct such regulations.
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