by Pivot
Category: Briefing Center
Comcast Business Acquires Managed Services Provider Nitel
PHILADELPHIA–December 11, 2024–(BUSINESS WIRE)–Comcast Business today announced it has signed an agreement to acquire Nitel, a U.S. managed services provider headquartered in Chicago, from international private equity firm Cinven. The acquisition will expand Comcast Business’…
Frontier Launches Bundle With Netflix Subscription
DALLAS — December 11, 2024 — (BUSINESS WIRE) — Frontier (NASDAQ: FYBR): What’s happening: Frontier today announced a new entertainment bundle with Netflix just in time for the holiday season. Our customers can now enjoy streaming…
Wire 3 Secures $115M Credit Facility for Expansion in Florida
DAYTONA BEACH, Fla., Dec. 9, 2024 /PRNewswire/ — Wire 3, a leading provider of high-speed fiber-optic internet, today announced the closing of a $115 million credit facility. The facility, led by Woodforest National Bank, CIBC,…
LiveOak Fiber Expands Fiber Network on Florida Coast
Brunswick, GA – December 10, 2024 – LiveOak Fiber, a rapidly growing regional broadband provider, is proud to announce a significant milestone in the ongoing expansion and activation of its high-speed fiber-optic network across Florida’s Emerald Coast. The latest developments…
Fidium Launches Fiber Network in 29 Maine Communities
AROOSTOOK & WASHINGTON COUNTY, Maine — Dec. 6, 2024 — Fidium is now available in parts of Aroostook County and the Greater East Grand Region of Maine, as its future-proof, symmetrical, multi-gig speed network has expanded to more…
FCC Provides Details on Salt Typhoon Cyberattack
Overview The Federal Communications Commission (FCC) is taking decisive steps to address vulnerabilities in U.S. telecommunications networks following the Salt Typhoon cyberattack, a sophisticated intrusion linked to foreign state-sponsored actors. These measures aim to safeguard critical…
Vermont Opens BEAD Pre-Proposal Portal
Montpelier, Vermont – The Vermont Broadband Equity, Access, and Deployment (BEAD) Pre-proposal portal is now open, officially opening the VT-BEAD Subrecipient Selection process. BEAD is a federal program that provides $42.45 billion to expand high-speed internet…
Lumos Expands 100% Fiber-Optic Network to Stark County, Ohio
CANTON, Ohio — December 5, 2024 — (BUSINESS WIRE) — Lumos, a leading 100% Fiber-Optic Internet and Total Home Wi-Fi service provider, announced its expansion into Stark County, Ohio, bringing an almost $150 million investment…
Gateway Fiber Upsizes Credit Facility to $250M for Internet Deployment
WRIGHT CITY, Mo. — December 2, 2024 — (BUSINESS WIRE) — Gateway Fiber, a leading fiber internet provider, is pleased to announce the closing of an incremental $75 million in debt financing. Proceeds from the…
GoNetspeed Completes 100% Fiber Network in Granby, Massachusetts
GRANBY, Mass. (December 3, 2024) — GoNetspeed today announced that more Granby residents and businesses can now sign up for 100% fiber internet with construction officially complete. Through GoNetspeed’s $2.4 million investment to upgrade technology infrastructure…
Broadband M&A Set to Grow with a Stronger Market and Bundle Opportunities
DENVER, Nov. 22, 2024 (GLOBE NEWSWIRE) — Merger and acquisition activity in the broadband service sector is poised to pick up due to lower interest rates, moderating labor and equipment costs and national wireless operators’…
Visionary Broadband Celebrates 30 Years of Bringing Broadband to Rural Areas
GILLETTE, Wyo. – (Nov. 25, 2024) – Many communities take high-speed internet for granted, but rural areas can often be left behind. For years, Visionary Broadband has stood out for its focus on connecting the hard…