Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-USOL Holdings Inc., which provides telecommunications services to multifamily properties, has named Jim Livingston as interim CEO to consolidate the company’s operations.

He replaces Rob Solomon, who remains chairman of the company’s board of directors. Livingston will focus on strategic initiatives.

The Austin-based USOL’s subsidiary, US OnLine, provides local and long distance telephone services, cable television and high-speed Internet access, to residents of MDUs. It services the major markets of Austin, Dallas-Fort Worth, Denver, Houston, San Antonio, Washington, DC and Portland and has the potential to serve about 54,430 units.Livingston brings a variety of experiences to his new job. Most recently, he’s been a consultant, with USOL serving as one of his clients. He’s also been an executive at Home Interiors & Gifts Inc. and CFO and vice president of business operations for the Dallas Mavericks.

USOL, a publicly traded company, lost $4.7 million on revenues of $3.3 million in the quarter ending March 31. Its share price had been $1.25, unchanged in trading this morning. The 52-week high had been $11.68 in September and the low, 69 cents in April.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.