Consolidated Communications is retiring its legacy corporate name and consolidating its residential, business, and wholesale operations under a single fiber-focused brand, Fidium.
The Fidium name was first introduced in 2021 for the company’s consumer business and will now cover all fiber-based solutions nationwide, including residential multi-gig fiber, business network services and wholesale carrier transport.
“This change allows us to scale faster, expand our capabilities and network more seamlessly,” said Dan Stoll, president of commercial and carrier business at Fidium, in the company announcement. He described the rebrand as a move to position the business for enterprise, government, education and wholesale customers.
Since 2020, Consolidated has invested about $1.7 billion in fiber infrastructure and now serves more than 700 communities, claiming one of the nation’s top 10 fiber networks by route miles. The company notes that more than 75% of its broadband customers are already on fiber and it’s on track to reach more than 80% of its footprint with fiber within the next few years.
Tim Austin, a partner at Searchlight Capital, which holds a stake in the company, called the growth “robust” and pointed to the closing of an asset-backed securities financing that exceeded $1 billion. The rebrand also accompanies a planned leadership change: Bob Udell will retire at the end of 2025 and move to the board as vice chairman, with Gaurav Juneja, currently chief operating officer, slated to become CEO at the start of 2026.
