Windstream to expand its broadband services with $2.3 billion deal | Arkansas Blog

Monday, August 1, 2011

Windstream to expand its broadband services with $2.3 billion deal

Posted By on Mon, Aug 1, 2011 at 11:24 AM

Local telecom and broadband provider Windstream said today that it will expand its presence from 29 to 46 states by acquiring New York company Paetec Holding Corp. in a transaction valued at near $2.3 billion, Arkansas Business reports.

The deal, expected to close in six months, will also expand Windstream's employee count, currently at 10,000, by 5,000.

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