Verizon Access Lines Acquisition -Enhancing Wireline Scale and Scope
- $1.9 billion cash purchase (< 7.0x EBITDA)
- Over 600k customer lines in KY (23% increase)
- $245 to $255 million in annual EBITDA for the first full year of operations
- EPS accretive in year one
- Complementary footprint
- Potential for increased vertical services penetration
- Margin improvement opportunities
ALLTEL ILEC (Presence in State)