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Consolidated Communications acquires CTC for $13M, enhances fiber, on-net building reach

April 19, 2016

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Consolidated Communications is acquiring Champaign-Urbana, Ill., area Champaign Telephone Company (CTC) and its sister company, Big Broadband Services, a private business communications provider, for $13 million, deepening its fiber and on-net fiber building reach.

By making this deal, Consolidated will add 275 fiber route miles and 310 lit buildings to its existing fiber network which extends to Champaign, Ill., a community that’s only 50 miles north of its Mattoon, Ill., headquarters.

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