Monday, February 18, 2019

Windstream postpones financial results

Windstream postponed the release of its Q4 and full-year 2018 financial results, which were expected on Feb 21, following a court ruling last week against the company regarding the 2015 spinoff of certain telecommunications network assets into a real estate investment trust (REIT) and its agreements with bondholders.

Windstream said it is evaluating its options, including post-trial motions and an appeal.