EXHIBIT 10.29 Windstream Services LLC Operating agreement

A. On February 27, 2015, Windstream Corporation (“WinCorp”) filed a certificate of conversion (the “Certificate of Conversion”) with the Secretary of State of the State of Delaware, pursuant to which WinCorp was converted (the “Conversion”) from a Delaware corporation into Windstream Services, LLC, a Delaware limited liability company, in accordance with Section 18-214 of the Delaware Limited Liability Company Act (6 Del. C. § 18-101 et seq.), as amended from time to time (the “Act”), and Section 266 of the Delaware General Corporation Law.

“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, or any successor federal revenue law and any final treasury regulations, revenue rulings, and revenue procedures thereunder or under any predecessor federal revenue law.

SECTION 2.1 Company Formation. The Company was formed under and pursuant to the Act by the filing of the Certificate of Conversion and the Certificate of Formation with the Secretary of State of the State of Delaware (such filings being hereby ratified and confirmed in all respects). The Board of Directors shall file, or cause to be filed, any other certificate and all other such instruments or documents and shall do or cause to be done all such filing, recording, or other acts, as may be necessary or appropriate from time to time to comply with the requirements of law for the formation and/or operation of a limited liability company in the State of Delaware. The Board of Directors may also direct that the Company be registered or qualified to do business in other jurisdictions.

SECTION 2.4 Registered Office and Agent; Principal Office. The registered office of the Company in the State of Delaware shall be such place in the State of Delaware as the Board of Directors shall designate. The registered agent shall be The Corporation Trust Company. The principal office of the Company shall be 4001 Rodney Parham Road, Little Rock, Arkansas 72212, or such other place as the Board of Directors shall designate.

SECTION 2.5 Commencement and Term. The Company commenced upon the filing of the Certificate of Conversion and the Certificate of Formation in the office of the Secretary of State of the State of Delaware and shall continue in perpetuity, unless sooner terminated as provided herein.

SECTION 3.1 Initial Contributions and Interest. No capital shall be contributed to the Company on its formation. Prior to the Conversion, the Member held all issued and outstanding capital stock of WinCorp, all of which was, by virtue of the Conversion, converted into a 100% Interest in the Company.

SECTION 3.2 Limited Liability of the Member. The Member shall have no personal liability for any debts or losses of the Company beyond its Interest, except as provided by law. Other than as provided in this Agreement and as may be required under the Act, the Member shall not be liable for any debts or losses of capital or profits of the Company or be required to contribute or lend funds to the Company.

SECTION 3.3 Additional Contributions; Interest. The Member shall not be entitled to receive any interest on its contributions to the capital of the Company. The Member may make additional capital contributions to the Company as it may determine.

SECTION 3.4 Additional Members. Subject to compliance with Article IV herein, the Board of Directors may admit additional Members from time to time upon terms and conditions determined by the Member.

SECTION 3.5 Actions By the Member. In exercising the voting or other approval rights provided herein or under the Act or to conduct any other business of the Company, the Member may act through meetings or by written consent or electronic transmission without a meeting. Any such written or electronic transmission consent shall be filed with the minutes of the proceedings of the Members of the Company.

SECTION 4.1 Management; Identification of Company in Contracts. The business and affairs of the Company shall be managed by or under the direction of a Board of one or more Directors appointed by the Member. Each Director is hereby designated as a “manager” For avoidance of doubt, the managers, as of the date of the adoption of this Agreement are Carol B. Armitage, Samuel E. Beall, III, Francis X. Frantz, Jeffrey T. Hinson, Judy K. Jones, William G. LaPerch, William A. Montgomery, Michael G. Stoltz, Anthony W. Thomas, and Alan L. Wells. These managers may be changed from time to time by the Directors of the Company. of the Company within the meaning of Section 18-101(10) of the Act. In all contracts, agreements and undertakings of the Company, the Company shall be identified as a limited liability company.

SECTION 4.2 Number, Tenure and Qualifications of Directors. The Member may determine at any time in its sole and absolute discretion the number of Directors to constitute the Board. The Directors of the Company shall be appointed from time to time by the Member. Directors are not required to be residents of Delaware or Members of the Company. The Directors as of the date of this Agreement shall be determined in accordance with the Plan of Conversion and shall serve as the Directors until their successors are duly appointed or their prior resignation, removal or death.

SECTION 4.3 Exclusive Control of Board of Directors. Subject to the terms and provisions of this Agreement, the Board of Directors shall have exclusive management and control of the affairs of the Company and shall have the power and authority to do all things necessary or appropriate to carry out the purposes of the Company.

(a) The Company shall also have officers to conduct the day-to-day management of the Company. The officers of the Company shall be chosen by the Board of Directors and shall include a President, Chief Financial Officer, one or more Vice Presidents, Treasurer, and a Secretary. The Board of Directors may appoint such other officers and agents as it shall deem desirable who shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board of Directors. Any number of offices may be held by the same person. Officers of the Company need not be residents of Delaware or Members of the Company. The officers of the Company as of the date of this Agreement shall be determined in accordance with the Plan of Conversion and shall serve as the officers of the Company until their successors are duly appointed or their prior resignation, removal or death.

(b) The officers shall report to and serve at the discretion of the Board of Directors. The officers shall hold office until their successors are duly appointed and qualified or until their earlier death, disability or removal. Any officer may be removed, with or without cause, at any time by the action of the Board of Directors.

SECTION 4.5 Limitations on Powers of the Board of Directors and Officers. Notwithstanding the authority granted to the Board of Directors and the officers in this Article IV, without the prior written approval of the Member, neither the Board of Directors nor any officer shall have any authority to:

SECTION 4.6 Other Business of Members and Directors. Any Member or Director may engage independently or with others in other business ventures of any kind, render advice or services of any kind to other investors or ventures, or make or manage other investments or ventures. Neither the Company nor the Member shall have any right by virtue of this Agreement or the relationship created hereby in or to such other ventures or activities or to the income or proceeds derived therefrom, and the pursuit of such ventures, even if competitive with the business of the Company, shall not be deemed wrongful or improper under this Agreement. Nothing herein shall be deemed to negate or modify any separate agreement among the

SECTION 4.7 Actions By the Board of Directors. Any action required or permitted to be taken at any meeting of the Board of Directors or any committee thereof may be taken without a meeting, if all of the Directors or members of the committee consent thereto in writing or by electronic transmission, and the writing or writings or electronic transmission or transmissions are filed with the minutes of proceedings of the Board of Directors or committee.

(a) Upon the dissolution of the Company, its affairs shall be wound up as soon as practicable thereafter by the Member. Except as otherwise provided in subsection (c) of this Section 6.2, in winding up the Company and liquidating the assets thereof, the Board of Directors, or other person so designated for such purpose, may arrange for the collection and disbursement to the Member of any future receipts from the Company property or other sums to which the Company may be entitled, or may sell the Company’s interest in the Company property to any person, including persons related to the Member, on such terms and for such consideration as shall be consistent with obtaining the fair market value thereof.

(b) Upon the dissolution of the Company, the assets, if any, of the Company available for distribution and any net proceeds from the liquidation of any such assets, shall be applied and distributed in the following manner or order, to the extent available:

(c) Upon dissolution, a reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to minimize the losses normally attendant to a liquidation.

SECTION 7.2 Effect of Withdrawal. The death, retirement, resignation, expulsion, termination, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member shall not cause the Company to be dissolved or its affairs to be wound up.

SECTION 8.1 Books of Account. At all times during the continuance of the Company, the Board of Directors shall maintain or cause to be maintained financial records and books of account showing all assets, liabilities, profits, losses, and records necessary for recording the Company’s business and affairs.

SECTION 8.2 Depository Accounts and Investment of Funds. The Board of Directors or officers designated by the Board of Directors may open and maintain on behalf of the Company one or more depository accounts at such times and in such depositories as it shall determine, in which all monies received by or on behalf of the Company shall be deposited.

(a) To the fullest extent permitted by the Act as it now exists or may hereafter be amended, no Director of the Company shall be liable to the Company or the Member for monetary damages arising from a breach of fiduciary duty owed to the Company or the Member.

(b) Any repeal or modification of the foregoing paragraph by the Company or the Member shall not adversely affect any right or protection of a Director of the Company existing at the time of such repeal or modification.

SECTION 9.2 Indemnification. Directors and officers serve at the request of the Member and in such capacity shall benefit from the indemnification rights as set forth in Section 2 of Article Eight of the Amended and Restated Certificate of Incorporation of Windstream

Holdings, Inc., a Delaware corporation. Any indemnification of a Director or officer or advance of expenses under Section 2 of Article Eight of the Amended and Restated Certificate of Incorporation of Windstream Holdings, Inc. shall follow the procedure set forth in Section 3 of Article Eight of the Amended and Restated Certificate of Incorporation of Windstream Holdings, Inc.

SECTION 9.3 Insurance. The Company may purchase and maintain insurance on behalf of its Directors, officers, employees and agents and those persons who were serving at the request of the Company in any capacity in another company, partnership, joint venture, trust or other enterprise against any liability asserted against him and incurred by him in any such capacity, or arising out of his status as such, whether or not the company would have the power to indemnify him against such liability under the provisions of this Article or otherwise. Any full or partial payment made by an insurance company under any insurance policy covering any Director, officer, employee or agent made to or on behalf of a person entitled to indemnification under this Article shall relieve the Company of its liability for indemnification provided for in this Article or otherwise to the extent of such payment, and no insurer shall have a right of subrogation against the Company with respect to such payment.

SECTION 9.4 Merger or Consolidation. For purposes of this Article, references to the “Company” shall include, in addition to the resulting company, any constituent company (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, managers, officers and employees or agents, so that any person who is or was a director, manager, officer, employee or agent of such constituent company, or is or was serving at the request of such constituent company as a director, manager, officer, employee or agent of another company, partnership, joint venture, trust or other enterprise, shall stand in the same position under this Article with respect to the resulting or surviving company as he or she would have with respect to such constituent company if its separate existence had continued.

SECTION 9.5 Savings Clause. If this Article IX or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify each person entitled to indemnification under Section 9.2 of this Article IX as to all expense, liability and loss (including attorneys’ fees and related disbursements, judgments, fines, penalties and amounts paid or to be paid in settlement) actually and reasonably incurred or suffered by such person and for which indemnification is available to such person pursuant to this Article IX to the full extent permitted by any applicable portion of this Article IX that shall not have been invalidated and to the full extent permitted by applicable law.

SECTION 10.1 Waiver of Provisions. The waiver of compliance at any time with respect to any of the provisions, terms, or conditions of this Agreement shall not be considered a waiver of such provision, term, or condition itself or of any of the other provisions, terms, or conditions hereof or bar its enforcement at any time thereafter.

SECTION 10.2 Amendment, Interpretation and Construction. Any modification or amendment to this Agreement must be in writing signed by the Member. Where the context so requires, the masculine shall include the feminine and the neuter and the singular shall include the plural. The headings and captions in this Agreement are inserted for convenience and identification only and are in no way intended to define, limit, or expand the scope or intent of this Agreement or any provision hereof. Unless otherwise specified, the references to Section and Article in this Agreement are to the Sections and Articles of this Agreement.

SECTION 10.4 Partial Invalidity. In the event that any part or provision of this Agreement shall be determined to be invalid or unenforceable, the remaining parts and provisions of this Agreement which can be separated from the invalid, unenforceable provision or provisions shall continue in full force and effect.

SECTION 10.7 Severability. If any provision of this Agreement or the application thereof to any person or circumstance shall be invalid, illegal or unenforceable to any extent, the remainder of this Agreement and the application thereof shall not be affected and shall be enforceable to the fullest extent permitted by law.

SECTION 10.8 Determination of Matters Not Provided For In This Agreement. The Board of Directors shall decide any questions arising with respect to the Company and this Agreement which are not specifically or expressly provided for in this Agreement.

SECTION 10.9 Tax Treatment. Unless otherwise determined by the Member, the Company shall be a disregarded entity for U.S. federal income tax purposes (as well as for any analogous state or local tax purposes), and the Member and the Company shall timely make any and all necessary elections and filings for the Company to be treated as a disregarded entity for U.S. federal income tax purposes (as well as for any analogous state or local tax purposes).

(a) Prior to the date on which those certain Grant and Security Agreements (the “Grant and Security Agreements”) between WinCorp, certain of its subsidiaries and the United States of America (acting through the Administrator of the Rural Utilities Service) terminate, the Company shall not be dissolved or terminated.

(c) In accordance with the terms and obligations of the Grant and Security Agreements, no direct or indirect addition or issuance of any membership units (or any other ownership interest) in the Company will be made by the Company or its Member(s) without the prior written consent of the United States Department of Agriculture, Rural Utilities Service, and no transfer, whether individually or in the aggregate, of any membership units (or any other ownership interest) in the Company which will result in the transfer of more than 49% of the equity interest (of whatever nature, including voting and non-voting) in the Company may be made by the Company or its Member(s) without the prior written consent of the United States Department of Agriculture, Rural Utilities Service.



SOLE MEMBER:
WINDSTREAM HOLDINGS, INC.

By:	/s/ John P. Fletcher
Name:	John P. Fletcher
Title:	Executive Vice President & General Counsel