Free press releases distribution network?

Agency / Source: Windstream Communications

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Windstream Completes Sale of Data Center Assets to TierPoint - Transaction Includes Strategic Partnership to Serve Enterprise Customers - TierPointw.com / Windstream.com
Windstream Completes Sale of Data Center Assets to TierPoint

 

PRZOOM - /newswire/ - Little Rock, AR, United States, 2015/12/18 - Transaction Includes Strategic Partnership to Serve Enterprise Customers - TierPointw.com / Windstream.com. NASDAQ: WIN; ELNK

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Windstream, a leading provider of advanced network communications, announced today it has completed the sale of its data center business to TierPoint in an all-cash transaction valued at $575 million.

Originally announced on October 19, the transaction includes an ongoing, reciprocal strategic partnership allowing each company to sell its products and services to the other’s prospective customers.

“This transaction enables Windstream to focus capital on our core telecom offerings and pay down debt, while providing expanded data center services to our enterprise customers,” said Tony Thomas, Windstream’s president and CEO. “We expect the divested data center business to continue its growth under our new partnership.”

“We are pleased to welcome the former Windstream Hosted Solutions employees and customers to the TierPoint family,” said Jerry Kent, TierPoint’s chairman and CEO. “This is an exciting step in the growth of TierPoint and significantly enhances the portfolio of services we can offer our customers.”

RBC Capital Markets served as financial advisor and Bryan Cave LP served as legal advisor to Windstream for the transaction. Paul Hastings LLP served as legal advisor to TierPoint. TierPoint’s primary investors include Cequel III, Ontario Teachers’ Pension Plan, RedBird Capital, the Stephens Group, JZ Advisers and Thompson Street Capital Partners.

About Windstream

Windstream Holdings, Inc. (windstream.com), a Fortune 500 company, is a leading provider of advanced network communications and technology solutions for consumers, small businesses, enterprise organizations and carrier partners across the U.S. Windstream offers bundled services, including broadband, security solutions, voice and digital TV to consumers. We also provide data, cloud solutions, unified communications and managed services to business and enterprise clients. The company supplies core transport solutions on a local and long-haul fiber-optic network spanning approximately 121,000 miles.

About TierPoint

TierPoint (tierpoint.com) is a leading national provider of cloud, managed services and colocation, helping organizations improve business performance and manage risk. With corporate headquarters in St. Louis, MO, TierPoint operates highly-redundant, carrier-neutral data centers in the states of Washington, Texas, Oklahoma, Pennsylvania, Maryland, New York, Massachusetts, Connecticut and Florida.

Investor Relations Contact: Mary Michaels
P: 501-748-7578 - E: mary.michaels[.]windstream.com.

TierPoint: Patrick Baczenas, P: 314-720-3136

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Windstream Communications

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services/Network Management articles,
CATCH Visitors via Your Competitors Announcements!


Windstream Completes Sale of Data Center Assets to TierPoint

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: David Fish - Windstream.com 
501-748-4898 david.fish[.]windstream.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Windstream Communications securities in any jurisdiction including any other companies listed or named in this release.

IT Services/Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Windstream Communications / Company Profile


Read IT Services/Network Management Most Recent Related Press Releases:

RTI-C and NEC Begin Construction of HK-G Submarine Cable System
YASH Technologies Announces Strategic Partnership with Worksoft to Offer End-to-end Automated Testing Services
NEC Software Uses Facial Recognition to Verify Mobile Service Users
NEC and EnspireME to Build Europe's Largest Battery Energy Storage System in Germany
RoundTower Becomes Turbonomic Platinum Partner Through Investment in Autonomic Performance Practice
NEC and K-Opticom Successfully Trial System Combining Virtualization Technology with 10G-EPON
Evolve IP Announces Availability of the Global Evolved Office (GEO)
Accudata Systems, Inc. Successfully Renews Elite Cisco Master Security Certification
Abritas Fully Integrated into Civica
SAS Ranks 5th Among '50 Companies That Care' from People Magazine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  BizJobs.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today