Consolidated Communications Contributes $75,000 to Local Community COVID-19 Relief Efforts
Consolidated Communications (NASDAQ: CNSL) has announced a $75,000 contribution to food organizations in response to increased demand during the COVID-19 pandemic.
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Rhea-AI Summary
Consolidated Communications (NASDAQ: CNSL) has announced a $75,000 contribution to food organizations in response to increased demand during the COVID-19 pandemic. The funds will assist food banks and pantries across its service area, where unemployment and school closures have heightened the need for nutritious meals. Jennifer Spaude, SVP of Corporate Communications, emphasized the company's commitment to community support. The firm also reported investing over $2 million in local community initiatives last year, showcasing its ongoing efforts to assist during these challenging times.
Positive
- Contributed $75,000 to food organizations to support those in need during the COVID-19 pandemic.
- Invested over $2 million in local community initiatives last year across a 23-state service area.
Negative
- None.
Details
News Market Reaction – CNSL
The recorded move for CNSL in the trading session of this news was +4.79%.
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MATTOON, Ill., June 04, 2020 (GLOBE NEWSWIRE) -- Consolidated Communications, (NASDAQ: CNSL) a leading broadband and business communications provider, is making contributions totaling
With many unemployed as businesses closed and schools curtailed feeding programs due to the coronavirus, the demand on food banks and food pantries has grown exponentially.
“As an essential services provider, we are working every day to connect and support businesses and residents with critical communication solutions during this challenging time,” said Jennifer Spaude, senior vice president of corporate communications and investor relations. “Understanding the strain on food banks and feeding programs is greater than ever, we are proud to offer assistance in meeting the increased demand and to help those in need in the communities we serve.”
Organizations receiving gifts include:
- America’s Second Harvest of the Big Bend (Florida)
- Chatham Silent Food Pantry (New York)
- Christian Information and Service Center (Texas)
- ECHO Food Shelf (Minnesota)
- Eastern Illinois Food Bank (Illinois)
- FISH Community Food Bank (Washington)
- Good Shepherd Food Bank of Maine (Maine)
- Harvesters (Kansas/Missouri)
- Mattoon Community Food Center (Illinois)
- Montgomery County Food Bank (Texas)
- NH Food Bank (New Hampshire)
- Placer Food Bank (California)
- River City Food Bank (California)
- Second Harvest Heartland (Minnesota)
- Vermont Foodbank (Vermont)
- West Deer Food Bank (Pennsylvania); and
- Westfield Community Kitchen (New York)
In addition to its COVID-19 relief efforts, the Company’s core value of Building a Stronger Community is evident through its ongoing commitment to local community investments, which totaled over
More information on the Company’s response to COVID-19 and how it is helping customers is available at consolidated.com/covid.
About Consolidated Communications
Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is a leading broadband and business communications provider serving consumers, businesses, and wireless customers, and wireline carriers across rural and metro communities and in a 23-state service area. Leveraging an advanced fiber network spanning 37,750 fiber route miles, Consolidated Communications offers a wide range of communications solutions, including high-speed Internet, data, phone, security, managed services, cloud services and wholesale, carrier solutions. From our first connection 125 years ago, Consolidated is dedicated to turning technology into solutions, connecting people and enriching how they work and live. Visit www.consolidated.com for more information.
Media Contacts:
Jennifer Spaude
jennifer.spaude@consolidated.com
507-386-3765
Shannon Sullivan
shannon.sullivan@consolidated.com
603-656-1521
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