The stock of Windstream Holdings Inc (NASDAQ:WIN) closed at $2.15 losing 2.71% in yesterday’s trading session. Vertical Systems Group, a top analyst firm has for the third year in a row recognized the company in the mid-year Carrier Ethernet LEADERBOARD rankings. The recent development has moved Windstream up to seventh on the list. That is a reflection of the provider’s continued growth in the Ethernet market in the U.S.
The principal of Vertical Systems Group, Rick Malone opined, “Windstream’s investments in their local and national fiber networks have resulted in positive market share growth as reflected in our Mid-Year 2017 Carrier Ethernet LEADERBOARD rankings.”
Vertical Systems Group’s Carrier Ethernet LEADERBOARD is considered by experts to be the foremost benchmark in the industry when it comes to the measurement of Ethernet Service Provider market presence. The firm calculates port shares using the input from surveys of Ethernet companies and the base of enterprise installations of Ethernet services.
Windstream has invested towards the enhancement and expansion of the nationwide fiber-optic network. That forms the basis for the consistent progress being witnessed in the Ethernet market as was stipulated by the president of Windstream’s wholesale business unit Mike Shippey. The official expressed his excitement over the company’s climb in rank on Vertical Systems’s Group’s latest report.
The recent years have witnessed Windstream do much in line with growing Ethernet market share. According to the company’s spokesperson, the rise in the ranking can be attributed to the strategy Windstream employed towards boosting the availability and quality of its Ethernet solutions.
The enterprise chief marketing officer of Windstream who is also the executive vice president said that the unveiled report spoke volumes about their service quality. Over the years, both wholesale and enterprise customers have heavily relied on the company to give them what they need for continued business growth and success. From time to time, it has gone through tough times, but the provider has done all within its means to swing back to equilibrium.