NEW YORK, Dec. 4, 2013 /PRNewswire/ — Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced that it has received the approvals needed from the Federal Communications Commission to acquire Vodafone’s U.S. group with the principal asset of 45 percent of Verizon Wireless. Specifically, the FCC...
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FCC Chairman Tom Wheeler said yesterday that he is an “unabashed supporter of competition,” vowing that competition will be one of two key guiding principles for the commission, along with what he called the “network compact.” “Competition is our fundamental national economic policy,” said Wheeler...
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Tech industry insiders are more optimistic regarding the pace of mergers and acquisitions (M&A), with “a slight plurality” saying that there has been more deal activity over the past six months than at any time in the past two years, according to Morrison & Foerster’s...
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Laurel Highland Total Communications, Inc. (“LHTC”) announced on November 5 that it has completed its acquisition of substantially all of the assets of The South Canaan Telephone Company (“SCTC”), a privately held independent telephone company operating in portions of Wayne and Lackawanna Counties, Pennsylvania, and...
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Investment firm Marlin Equity Partners said today that it has entered into a definitive merger agreement with telecom equipment manufacturer Tellabs. Marlin Equity Partners owns a variety of companies involved in the data center and software-as-a-service businesses. According to a release issued today from the...
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Next to wireless, hosted voice and cloud services probably represents the fastest growing business opportunity for telecom carriers and VoIP provider Vonage wants in. They announced today a $130 million acquisition for cloud based communications provider Vocalocity. The transaction includes $105 million in cash and...
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Traditional telecom carriers have long known that regional fiber networks are hugely important assets in the evolving and increasingly broadband and IP dominated competitive landscape. As recent M&A activity such as today’s announcement of the acquisition of DukeNet by Time Warner Cable highlights, telecom carriers...
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October 07, 2013 — BOULDER, Colo.–(BUSINESS WIRE)–Zayo Group, LLC (“Zayo”), an international provider of Bandwidth Infrastructure services, today announced its acquisition of FiberLink, LLC (“FiberLink”), a Midwest-based dark fiber operator. The FiberLink business is built upon a highly unique route between Chicago and Denver. FiberLink’s...
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LOS ANGELES – Sept. 19, 2013 – Boingo Wireless (NASDAQ: WIFI), the leading DAS and Wi-Fi provider that serves consumers, carriers and advertisers worldwide, today announced that the company has entered into an agreement to acquire Advanced Wireless Group (AWG), the second largest airport Wi-Fi...
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Cox Communications’ plan to purchase multi-play and business services provider EasyTEL, announced yesterday, is an interesting move in that Cox already serves EasyTEL’s entire Tulsa service territory. EasyTEL’s network was “attractive” to Cox, a Cox spokesman told Telecompetitor. “They have a very dense fiber network...
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September 5, 2013 – Ericsson (NASDAQ:ERIC) has today completed the acquisition of Microsoft’s Mediaroom business and TV solution. Together with Ericsson’s existing capability, the acquisition places the firm as the world’s largest, by market share, and the most experienced provider of IPTV middleware technology and...
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The latest example of independent telcos leveraging cloud and managed services momentum comes from Louisiana based EATEL, with their announced acquisition of Baton Rouge, La based Venyu. Offering data center, managed hosting, cloud, virtualization, and data protection solutions, Venyu will become a wholly owned subsidiary...
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