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

Ohio and Utah Are First states to Approve CenturyLink – Level 3 Merger

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MONROE, La., Feb. 14, 2017 /PRNewswire/ — Ohio and Utah are the first states to approve the merger of CenturyLink, Inc. (NYSE: CTL) and Level 3 Communications, Inc. (NYSE: LVLT). The merger also received regulatory clearance from the state of Nevada. “The Ohio and Utah...Learn More

Report: Trump Job Promises Surface in AT&T Union Negotiations

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Employees of AT&T’s wireless business could strike against the company and have invoked President Trump’s campaign promises about protecting U.S. jobs in ongoing AT&T union negotiations, reports Bloomberg. The report quotes a spokesperson for the Communications Workers of America as saying “It seems someone should...Learn More

TDS Signs LOI for Municipal Broadband Acquisition, Adds Fuel to Debate

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TDS announced its intent for a municipal broadband acquisition from Sun Prairie Utilities of Sun Prairie, Wisc. A non-binding letter of intent gives TDS ownership and management of the fiber network constructed by Sun Prairie. “SPU has built a strong fiber broadband network and has...Learn More

Lumos Networks Closes on the Acquisition of DC74 Data Centers

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February 01, 2017 — WAYNESBORO, Va.–(BUSINESS WIRE)–Lumos Networks Corp. (“Lumos Networks”) (NASDAQ: LMOS), a leading fiber-based service provider in the mid-Atlantic region, announced today that it has simultaneously signed and closed a transaction to acquire Charlotte, North Carolina based DC74 Data Centers (“DC74”). Under the...Learn More

Verizon Charter Merger Being Explored, Charter Stock Pops 10%

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A Verizon Charter merger has been the subject of rumors for a few weeks now, but news today from Dow Jones/Wall Street Journal is heating it up substantially. A developing story says Verizon is seriously considering the deal, although nothing is imminent and the deal...Learn More

FCC Approves Windstream-EarthLink Merger

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FCC approves Windstream-EarthLink merger, paving the way for EarthLink to become a wholly owned, indirect Windstream subsidiary. Windstream management made a public case for the acquisition back in November 2016. “The combination will result in an extensive national footprint spanning approximately 145,000 fiber route miles...Learn More

Wave Buys Cascade in Yet Another Fiber Consolidation Deal

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A regional provider of business and residential gigabit fiber network services, Washington state’s Wave on Jan. 20 announced it had acquired Cascade Networks. As Wave buys Cascade, it will gain more than 350 route miles to add to its West Coast fiber network, Wave highlights...Learn More

Fiber Network Consolidation Continues with Conterra Deal

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Fiber network consolidation continues with the news that Charlotte, N.C.-based Conterra Ultra Broadband Holdings is expanding its fiber network with the acquisition of Broadplex and Detel. Announced Jan. 17, Conterra’s latest acquisitions bring its primary fiber footprint to more than 6,200 route miles and 35,000...Learn More

$735 Million Cable One NewWave Acquisition Targets Non-Urban Markets

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Continuing the cable consolidation trend, Cable One said today that it plans to acquire NewWave Communications for $735 million. Cable One is one of the nation’s 10 largest cable companies and will gain considerably more scale by acquiring NewWave, which ranks number 19. The combined...Learn More

CenturyLink Acquires SEAL Consulting

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MONROE, La., Jan. 9, 2017 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) today announced it has acquired SEAL Consulting, Inc., a leading SAP® solutions provider for enterprise-wide business and technology needs. This acquisition further enhances CenturyLink’s application transformation capabilities and expands CenturyLink’s commitment to the SAP ecosystem and...Learn More