Here are three of my favorite high-yielding telecoms... 1. Consolidated Communications Holdings (Nasdaq: CNSL) Yield: 8% This rural telecom has served local markets in Illinois, Texas and Pennsylvania for more than 100 years. At present, Consolidated has about 230,000 local and long-distance landline customers, 110,000 broadband Internet customers and 33,000 digital TV subscribers. Although Consolidated's revenue fell 4% in the first nine months of 2011 to $280.6 million due to asset sales and fewer access lines, cash from operations for this cash cow improved 17% to $93.3 million. Consolidated had more than enough cash flow to easily cover $34.7 million of dividends and $31.2 million of capital spending. In addition, cash on the balance sheet rose by $20 million in the nine months to reach $92 million in September. This week Consolidated announced plans to