July 16, 2021

Consolidated Communications Receives All State PUC Regulatory Approvals for Searchlight Capital Partners Investment

MATTOON, Ill.–(BUSINESS WIRE)–Consolidated Communications (NASDAQ: CNSL) (the “Company”) announced today that it has received all required state Public Utilities Commission (PUC) regulatory approvals necessary for the conversion of the contingent payment right (the “CPR”) issued by the Company to an affiliate of Searchlight Capital Partners, L.P. (“Searchlight”) in connection with the previously announced investment by Searchlight in the Company (the “Investment”). By securing all required st

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