With Shareholder Approval, CenturyLink – Level 3 Deal on Track to Close by Sept. 30th

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Shareholders of both companies approved the $34 billion CenturyLink – Level 3 deal yesterday, helping clear the way for closing of the transaction by the end of 3Q 2017, CenturyLink announced. Just over 96% of the casted CenturyLink votes approved the transaction, and close to...Learn More

ACA & NTCA Call Foul on Charter Overbuild Conditions for One Million Broadband Locations

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The American Cable Association (ACA) and NTCA – The Rural Broadband Association are not giving up on their opposition to an FCC decision last year that calls for Charter to overbuild one million locations that already have broadband service available to them at speeds of...Learn More

European Commission Approves AT&T Acquisition of Time Warner

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March 15, 2017 — DALLAS–(BUSINESS WIRE)–The European Commission, the executive body of the European Union, has approved AT&T’s* pending acquisition of Time Warner. “We appreciate the skilled work of the European Commission’s team for their timely effort to analyze and clear the AT&T-Time Warner merger,”...Learn More

FirstLight Sovernet Deal Completed, Augmenting Northeast Fiber Network

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Oak Hill Capital Partners has completed its acquisition of Sovernet Communications and has merged the Northeast regional fiber network company’s operations into FirstLight Fiber, Oak Hill’s flagship Northeast-region fiber network operator. The FirstLight Sovernet deal adds some 3,300 fiber route miles in New York and...Learn More

Hargray Communications Sold to Private Investment Group

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Regional carrier Hargray Communications has agreed to be sold to an investment group led by the Tom Pritzker Family Business Interests. Redwood Capital Investments and Stephens Capital Partners are also participating in the all-cash transaction. Hargray Communications operates a regional network, headquartered in South Carolina,...Learn More

Telecom REIT Strategy No Longer Viable?

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Any service providers that were considering an asset spinoff in the form of a telecom REIT strategy may find that avenue is now closed to them, noted Mark Wallace, chief financial officer for Uniti, the company formerly known as Communications Sales & Leasing. CS&L, now...Learn More

$1.1 Billion Windstream EarthLink Acquisition Completed

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The $1.1 billion Windstream EarthLink acquisition completed Friday after the FCC officially announced its approval of the deal. Windstream Holdings shareholders approved the acquisition plan at an extraordinary meeting the same day approval was received. “The combination will result in an extensive national footprint spanning...Learn More

i3 Broadband Expands by Completing Acquisition of iTV-3

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ST. LOUIS (Feb. 27, 2017) – i3 Broadband today announced it has acquired from iTV-3, Inc. the rights to manage and operate the UC2B fiber optic network in Champaign-Urbana, Illinois.  i3 Broadband plans to aggressively expand the system to provide its “triple play” of Gigabit...Learn More

Welcome Uniti Group Whose First Move is to Acquire Regional Carrier Hunt Telecom

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Hunt Telecom of Louisiana will become a part of Uniti Group, the new name of the former Communications Sales & Leasing (CS&L). Uniti will pay $170 million for the regional fiber provider who specializes in the E-rate program, providing access to the K-12 vertical. Hunt...Learn More

ARRIS: Every Carrier Will Become a Wireless Provider, So We Bought Ruckus Wireless

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ARRIS and Broadcom jointly announced an agreement whereby the former will acquire Ruckus Wireless and ICX Switch business from Broadcom subsidiary Brocade Communication System Inc. for $800 million in cash, as well as unvested employee stock awards. The deal is contingent upon Broadcom successfully completing...Learn More

Lumos Networks Acquisition is Latest Regional Fiber Network Grab

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A Lumos Networks acquisition by investment firm EQT highlights an ongoing land grab of sorts for regional fiber networks. EQT will buy Lumos Networks for $950 million in an all cash deal. Lumos Networks operates an 8,985 route mile fiber network in 24 markets across...Learn More

Verizon Skyward Acquisition Could Support Rate Plans for Drones

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Verizon announced this morning that Verizon Ventures, its venture capital group, has acquired Portland, Oregon-based unmanned aerial vehicle systems (UAV, aka drone) specialist Skyward for an undisclosed amount. Skyward specializes in  operations management for drones, and the Verizon Skyward acquisition could help Verizon in provisioning...Learn More