2011 was an incredibly successful year for Windstream

Windstream Corp. (Nasdaq: WIN) showed improved financial trends in its fourth-quarter and full-year 2011 results, driven by growth in business service and consumer broadband revenues.

• Total revenues were $1.6 billion for the fourth quarter, an increase of 0.7 percent year-over-year on a pro forma basis
• Adjusted OIBDA was $612 million for the fourth quarter, an increase of 0.4 percent year-over-year on a pro forma basis
• Business service revenues were $888 million for the fourth quarter, up 2.5 percent from the same period a year ago on a pro forma basis
• Consumer broadband revenues were $118 million for the quarter, up 7 percent year-over-year on a pro forma basis

“2011 was an incredibly successful year for Windstream,” said Jeff Gardner, president and chief executive officer. “As a result of solid execution in our legacy business, coupled with our targeted acquisition approach, we significantly improved the financial trajectory of our company and reached a significant milestone of growing pro forma revenue and Adjusted OIBDA during the fourth quarter on a year-over-year basis, giving us great momentum heading into 2012.”

Windstream acquired PAETEC, a leading national business services provider, in the fourth quarter of 2011. The transaction added more than 36,000 miles of fiber to Windstream’s network and seven data centers, significantly enhancing the company’s ability to serve business customers.

“Together we are a much stronger company with an expansive fiber network, an attractive product portfolio and an outstanding business sales team, positioning Windstream for success in the enterprise space on a national level,” Gardner said.

Throughout 2011, Windstream also continued to invest in high-growth initiatives that will help grow revenue and cash flow during 2012 and beyond. The company’s aggressive fiber-to-the-tower program serves wireless carriers’ need for greater bandwidth to accommodate increasing wireless data usage. At the same time, Windstream continued to capitalize on the burgeoning demand for data management services by expanding its data center operations to 21 data centers now offering managed services and cloud computing.

About Windstream

Windstream Corp. is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.  Windstream has more than $6 billion in annual revenues and is listed on the S&P 500 index.

More Posts by this author

• 
  Stocks Headed for a Higher Finish
• 
  Gold and Silver Prices Continue to Climb
• 
  Stocks Sharply Higher in Mid-Day Trading
• 
  Endologix – In 2011 continued to capture market share
• 
  Polypore International – Another year of solid growth
• 
  LodgeNet Interactive Corporation – Gratified that Omni is endorsing our Envision platform
• 
  Target Steady after Raising Full Year Profit Outlook

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.