There’s a major paradox in the wireless industry today. On the one hand it’s never been more difficult to compete. With subscribers heavily concentrated in the hands of the two largest carriers AT&T and Verizon Wireless – a situation compounded by the advent of exclusive...
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Former FCC Chairman Reed Hundt hopes this week’s acquisition of tier 2 cable company NewWave Communications by investment firm GTCR will be “the first of many.” Telecompetitor spoke this week with Hundt, who headed up the FCC during the Clinton administration and is now an...
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Atlanta, GA – May 15, 2013 – Birch Communications, a leading IP-based communications and cloud services provider to small- and medium-sized businesses, announced today that it has signed an asset purchase agreement to acquire select customer and network assets from Lightyear Network Solutions, Inc. (“Lightyear”)....
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Iowa Network Services, owned by 122 small Iowa telcos, may be best known as the operator of a statewide fiber network. But in recent years the company has been diversifying – and the latest example of that strategy came this week with the announcement that...
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BONN, GERMANY and BELLEVUE, WA – May 1, 2013 — Deutsche Telekom AG (XETRA: DTE; “Deutsche Telekom”) and T-Mobile US, Inc. today announced the completion of the combination of T-Mobile USA, Inc. and MetroPCS Communications, Inc., uniting two wireless innovators with one common vision: to...
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BOXBOROUGH, MA – April 11, 2013 – Lightower Fiber Networks announced today that it has closed the merger with Sidera Networks first announced on December 27, 2012. The combined company creates one of the largest metro fiber providers in the United States and will be...
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STAMFORD, Conn. & ENGLEWOOD, Colo., Mar 19, 2013 (BUSINESS WIRE) –Charter Communications, Inc. (NASDAQ: CHTR) (“Charter”) and Liberty Media Corporation (NASDAQ: LMCA, LMCB) (“Liberty Media”) announced today that Liberty Media has entered into a definitive agreement with investment funds managed by, or affiliated with, Apollo...
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T-Mobile’s plan to merge with MetroPCS could be finalized “shortly after” a MetroPCS stockholder meeting scheduled for April 12, where the shareholders will vote on certain aspects of the proposed combination, the companies said today. The news comes on the heels of Federal Communications Commission...
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TDS appears to be back into acquisition mode with the announcement today of their intent to buy Baja Broadband. Baja is a cable MSO offering triple play services in Colorado, New Mexico, Nevada, Texas, and Utah. According to TDS, Baja Broadband passes 212,000 homes, with...
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February 20, 2013 — DENVER–(BUSINESS WIRE)–Impact Telecom (“Impact”), a global provider of voice and data services, today announced they have signed a definitive agreement for Impact to acquire all outstanding shares of Matrix Telecom, Inc. and AmericaTel Corporation (“Matrix”), operating under the brand names Matrix,...
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February 13, 2013 — CHICAGO–(BUSINESS WIRE)–GTCR, a leading private equity firm, today announced it has entered into a definitive agreement to acquire NewWave Communications (“NewWave”) from Pamlico Capital. This acquisition will be completed through GTCR’s previously established partnership with Rural Broadband Investments (“RBI”). With RBI’s...
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February 12, 2013 — Philadelphia, PA — Comcast Corporation (Nasdaq: CMCSA, CMCSK) announced today it will acquire GE’s entire 49% common equity stake in the NBCUniversal joint venture for approximately $16.7 billion. Also, NBCUniversal will purchase from GE the properties used by NBCUniversal at 30...
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