Saturday, 23 June 2018

Windstream spins off network assets into REIT

By Mary Lennighan, Total Telecom
Wednesday 30 July 14

U.S. telco pledges to invest in network expansion, take part in M&A once it has spun off its copper, fibre lines.

Windstream this week announced plans to spin off network and real estate assets into a publicly-traded REIT in order to pay down debt and invest in its network. The U.S. telco said its board of directors approved the plan after the Internal Revenue Service (IRS) gave it the go-ahead to proceed. It expects the spin-off to take place in the first quarter of 2015…

Windstream this week announced plans to spin off network and real estate assets into a publicly-traded REIT in order to pay down debt and invest in its network. The U.S. telco said its board of directors approved the plan after the Internal Revenue Service (IRS) gave it the go-ahead to proceed. It expects the spin-off to take place in the first quarter of 2015…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry