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Windstream buying Hosted Solutions for $310M

Fri, 11/05/2010 - 8:10am
Chuck Bartels, AP Business Writer

LITTLE ROCK, Ark. (AP) – Windstream will buy a North Carolina data and Web hosting company for $310 million, the company said Thursday.

The company said the acquisition of Hosted Solutions will enable it to expand its broadband and business services segments.

Hosted Solutions, of Raleigh, N.C., specializes in hosting Web services for small- and medium-size businesses. The company has 125 employees that serve more than 600 customers.

Windstream, based in Little Rock, is a traditional phone company with more than 3 million access lines, mainly in rural areas. The company also has more than 1 million Internet customers.

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