Aug 17, 2010
Windstream to acquire Kentucky Data Link, Norlight
|(Dollars in Millions)|| |
3 Months Ended
12 Months Ended
|Operating income under GAAP|| |
|Depreciation and amortization|| |
KDL and Norlight generated $98 million in OIBDA for the last quarter annualized (LQA), for the quarter ending June 30, 2010.
Cautionary Statement Regarding Forward-Looking Statements
Windstream claims the protection of the safe-harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements regarding the completion of the acquisition and expected benefits of the acquisition, are subject to uncertainties that could cause actual future events and results to differ materially from those expressed in the forward-looking statements. These forward-looking statements are based on estimates, projections, beliefs and assumptions that Windstream believes are reasonable but are not guarantees of future events and results. Actual future events and results of Windstream may differ materially from those expressed in these forward-looking statements as a result of a number of important factors. Factors that could cause actual results to differ materially from those contemplated above include, among others: receipt of required approvals of regulatory agencies; the possibility that the anticipated benefits from the acquisition cannot be fully realized or may take longer to realize than expected; the possibility that costs or difficulties related to the integration of Q-Comm operations into Windstream will be greater than expected; the ability of the combined company to retain and hire key personnel; and those additional factors under the caption “Risk Factors” in Windstream’s Form 10-K for the year ended December 31, 2009 and in subsequent Securities and Exchange Commission filings. In addition to these factors, actual future performance, outcomes and results may differ materially because of more general factors including, among others, general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. Windstream undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause Windstream's actual results to differ materially from those contemplated in the forward-looking statements should be considered in connection with information regarding risks and uncertainties that may affect Windstream's future results included in Windstream’s filings with the Securities and Exchange Commission at www.sec.gov.
Windstream Corp. (Nasdaq: WIN), headquartered in Little Rock, Ark., is an S&P 500 company with communications operations in 23 states and about $4 billion in annual revenues. Windstream provides phone, high-speed Internet and high-definition digital TV services. The company also offers a wide range of IP-based voice and data services and advanced phone systems and equipment to businesses and government agencies. For more information about Windstream, visit www.windstream.com.
About Kentucky Data Link, Inc.
KDL is a provider of long haul and metro lit fiber services to a diverse base of bandwidth intensive customers, including wireline carriers, wireless carriers, and the large enterprise, government, education and medical markets. KDL’s contiguous fiber network spans nearly 30,000 fiber route miles in 22 states. For more information about Kentucky Data Link, Inc., visit www.kdlinc.com
About Norlight, Inc.
Norlight, Inc. provides a full suite of voice, data and managed services primarily to business customers in Indiana, Kentucky, Tennessee and Wisconsin. Services offered include: local telephone service, long-distance services, digital voice services, Internet access, website design & development, web hosting, software & application development and hosting, custom-designed network solutions and fiber transport services. For more information about Norlight, Inc., visit www.norlight.com.
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