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Consolidated Communications reports slight drop in profit |

Consolidated Communications reports slight drop in profit

| Friday, March 4, 2011 12:00 a.m

Phone, Internet and TV provider Consolidated Communications Inc. reported a fourth-quarter profit of $6.8 million, or 23 cents a share, compared with $7 million, or 24 cents, for the same period a year ago.

Revenue was $93.8 million, compared with $100.8 million a year ago. Full-year profit was $32.6 million, or $1.09 a share, up from $24.9 million, or 84 cents.

Mattoon, Ill.-based Consolidated has residential customers in northern Allegheny and southern Butler, and parts of Armstrong and Westmoreland counties and also provides business services.

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