EarthLink

Windstream and EarthLink to merge in $1.1 billion transaction
Combination Creates a Stronger, More Competitive Company with Extensive National Footprint Spanning Approximately 145,000 Fiber Route Miles

Enables Expanded Products, Services and Enhanced Enterprise Solutions for Customers

Anticipated Annual Operating and Capital Expenditure Synergies of More than $125 Million Representing a Net Present Value of Approximately $900 Million, or More than $4.70 per Windstream Share and $3.85 per EarthLink Share