MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the Company or Consolidated) announced that it has completed the sale of its Washington assets, effective May 1, 2024, to Palisade Infrastructure. The divestiture aligns with the Company's ongoing strategic asset review and focus on its fiber expansion plans in core broadband regions. Consolidated's Washington operations include approximately 9,950 data connections and 8,500 access lines, and contributed approximately $20 million of revenue in fiscal 2023. Lazard (NYSE: LAZ ) served as the exclusive financial advisor to Consolidated on the transaction.