M&A
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AT&T Completes Alltel Asset Acquisition
6/22/10 at 7:25 PM by Bernie Arnason
AT&T has gained control of former Alltel markets in 79 markets across 18 states, representing approximately 1.6 million subscribers. The new wireless assets come from a mandated divestiture from Verizon, which was ordered in exchange for regulatory approval ...
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AT&T Close to Closing on Alltel Assets
6/17/10 at 10:02 AM by Bernie Arnason
AT&T and Verizon engineered a swap of wireless assets (and some cash) in order for Verizon to gain approval for its acquisition of the former rural wireless carrier Alltel. The swap involved AT&T buying approximately 1.5 million new subscribers across an 18 state footprint. As a ...
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Frontier Makes Headway in West Virginia, Soothes Unions
6/16/10 at 8:32 AM by Bernie Arnason
Even though West Virginia ultimately approved the Frontier-Verizon deal, it was probably the highest hurdle for Frontier and Verizon to clear to get the deal done. There was ample opposition to the deal, especially from the Communications Workers of America (CWA), ...
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Cablevision Coming to Rural America Through Bresnan Acquisition
6/14/10 at 8:24 AM by Bernie Arnason
Service providers who currently compete with Bresnan Communications should take note -- Cablevision is coming. The Bethpage, New York based cable company announced the purchase of Bresnan Communications in a transaction valued at $1.36 billion. Bresnan is ...
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Super CLEC on the Horizon as Speakeasy, Megapath, and Covad Hook Up
6/11/10 at 6:37 AM by Andrew Burger
Broadband VoIP, data and IT service provider Speakeasy announced it will merge with Covad and MegaPath--whose own merger is in progress--to create a managed services local exchange carrier (MSLEC) that will focus on offering integrated ...
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Broadpoint, Cellular One Announce Merger
6/9/10 at 4:05 PM by Telecompetitor
Agreement Provides Customers With Expanded Coverage On and Offshore
HOUSTON--(BUSINESS WIRE)--Broadpoint, a leading provider of offshore telecommunications and network services, today announced its completed agreement to merge with MTPCS, LLC, d.b.a. Cellular One, a provider of nationwide GSM/EDGE voice and data communications services. Together, the companies will offer seamless communications both offshore, leveraging Broadpoint’s 100,000 square-mile GSM/EDGE network in the Gulf ...
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PAETEC Acquires Quagga
6/8/10 at 9:32 AM by Telecompetitor
West Coast Value-Added Reseller to Enhance PAETEC's Equipment Capabilities
FAIRPORT, N.Y., Jun 08, 2010 (BUSINESS WIRE) --PAETEC Holding Corp. (NASDAQ GS: PAET), a FORTUNE 1000 company, announced today that its wholly-owned subsidiary, PAETEC Corp., has closed on the acquisition of Quagga Corporation, a privately-held Sacramento-based company. As a world-class systems integrator, Quagga is the top Avaya partner ...
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KeyOn Completes Dynamic Broadband Wireless Acquisition, Hungry for More
6/4/10 at 2:45 PM by Joan Engebretson
KeyOn Communications Holdings, a broadband wireless provider targeting rural areas, has completed its acquisition of the assets of Dynamic Broadband Wireless, expanding its coverage in Iowa and adding parts of Minnesota.
According to KeyOn, its network now covers approximately 55,000 square ...
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Windstream Closes on Iowa Telecom
6/1/10 at 4:43 PM by Bernie Arnason
Windstream announced their acquisition of Iowa Telecom is now complete. The final transaction was valued at $1.2 billion, with Iowa Telecom shareholders receiving 0.804 shares of Windstream stock and $7.90 in cash for each Iowa Telecom share. Iowa ...
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Mediacom May Go Private, CEO Makes Offer
6/1/10 at 8:07 AM by Bernie Arnason
Mediacom, the nation’s 7th largest cable MSO, has received an offer to take the company private from its current CEO and founder Rocco B. Commisso. The Middletown, New York based MSO has about 1.3 million subscribers and serves primarily rural markets, many of ...
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