M&A
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Frontier-Verizon Deal Hits Turbulence in Illinois
3/10/10 at 11:16 AM by Bernie Arnason
An administrative law judge in Illinois has written in opposition of the proposed sale of Verizon local exchange assets to Frontier. The Illinois Verizon access lines in question amount to 600k of the total 4.8 million access lines in ...
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Metaswitch Makes First Ever Acquisition, AppTrigger
3/9/10 at 10:00 AM by Telecompetitor
Leading telecom vendor broadens carrier IP migration solutions and global tier one customer base
LONDON, UK and RICHARDSON, Texas, March 9, 2010 — Metaswitch Networks, a leading provider of carrier systems and communications software solutions, today announced the signing of a definitive agreement to acquire AppTrigger, Inc., the industry’s leading provider of Service Broker solutions. For carriers, Service Brokers dramatically reduce ...
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RCN Acquired by Private Equity Firm
3/5/10 at 3:07 PM by Telecompetitor
HERNDON, VA, Mar 05, 2010 (MARKETWIRE via COMTEX News Network) -- RCN Corporation (NASDAQ: RCNI) and ABRY Partners today announced their entry into a definitive agreement for an investment fund managed by ABRY to acquire RCN for total consideration of approximately $1.2 billion, including the assumption of debt. As part of this agreement, each share of RCN common stock issued ...
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Verizon-Frontier Can Add Oregon to its Approval Column
3/2/10 at 10:25 AM by Andrew Burger
Verizon and Frontier have moved closer towards completing the sale and purchase of Verizon's local wireline operations in 14 states. The approval of the Oregon Public Utility Commission brings to six the number of state PUCs/PSCs who ...
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Frontier Gains Approval in Ohio for Verizon Purchase, Almost Half Way There
2/11/10 at 12:41 PM by Bernie Arnason
Frontier gained approval from the Ohio public services commission for their purchase of Verizon wireline assets in that state. Ohio joins California, Nevada, and South Carolina in approval for the Verizon transaction. Frontier ...
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Windstream Completes NuVox Acquisition
2/9/10 at 1:51 PM by Bernie Arnason
Windstream announced the closing of their acquisition of NuVox. With the acquisition, Windstream gains 90,000 business customers across a 16 state footprint in the Southeast and Midwest. NuVox is based in Greenville, South Carolina.
The deal ...
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Consolidated Sells Call Center
2/8/10 at 9:49 AM by Telecompetitor
Consolidated Communications announces sale of Consolidated Market Response to Solix, Inc.
MATTOON – This week Consolidated Communications and Solix, Inc. officials announced they have reached an agreement for Solix, Inc., to purchase Consolidated Market Response (CMR).
CMR, a division of Consolidated Communications based in Charleston, Illinois, is an integrated marketing support company that provides business process outsource solutions for clients in the ...
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Frontier Denied Stimulus Funding
2/8/10 at 9:35 AM by Bernie Arnason
Frontier is attempting to significantly grow in size through an acquisition of Verizon rural territories. The transaction is meeting some opposition from fear that Frontier is not equipped to absorb the millions of access lines in question. Frontier ...
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Cellular South Completes Corr Wireless Acquisition
2/4/10 at 9:40 AM by Telecompetitor
Cellular South Expands its Wireless Footprint through Purchase of Regional Wireless Network Provider in North Alabama and Georgia
RIDGELAND, Miss., Feb. 3 /PRNewswire/ -- Cellular South, the nation's largest privately held wireless provider, announced today that it has completed its acquisition of Alabama-based Corr Wireless Communications. With this strategic purchase, Cellular South will now be able to offer the industry's ...
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Comcast to Acquire New Global Telecom, Continuing March Toward Business Services
2/2/10 at 10:05 PM by Bernie Arnason
Comcast has reached a deal to acquire New Global Telecom (NGT), a Colorado based provider of business class VoIP services. The move follows a previous business focused CLEC acquisition of Cimco Communications by Comcast.
In addition to offering VoIP ...
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