TMCnet Feature
May 10, 2013

Windstream Earn a Spot on the 2013 FORTUNE 500 List

By Brian Anderson, TMCnet Contributing Writer

Windstream (News - Alert) Corp., an S&P 500 company that specializes in advanced network communications, announced on Monday that it has been named to the 2013 FORTUNE 500 list of largest U.S. companies ranked in revenue, which will be printed in the magazine’s May 20 issue.

"We are proud to reach this milestone in the transformation of our company into a nationwide enterprise-focused communications and services provider," Jeff Gardner, president and CEO of Windstream, said in a statement. "I want to thank our entire team for the progress we have made executing our strategic vision.”

The company earned the 414th place in the world-renowned business magazine poll after making $6.2 billion in revenue last year. Formed in 2006 during the spinoff of Alltel (News - Alert) Corp.’s wireline business and merger with VALOR Communications, Windstream started off operating in 16 states and controlling less than 24,000 miles of fiber.

The company has since acquired eight different companies and expanded to 48 states. The company has more than 200 business sales offices throughout the country, and has local and long-haul fiber networks that span approximately 115,000 miles.

“As we move forward,” Gardner added, “we will work to maximize enterprise growth opportunities while maintaining our stable consumer business to continue producing solid cash flow long term to support our dividend."

Windstream Corp. is a provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. Windstream also offers broadband, phone and digital TV services to consumers primarily in rural areas.

Edited by Rich Steeves
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