Two deals involving small ILEC divestitures occurred on the same day. Both involved companies that gained assets they didn’t want as part of broader asset acquisitions and later selling the non-core assets.

The Consolidated Communications investment strategy calls for upgrading 30% of the lines in former Fairpoint areas in 2018, with the remaining 70% upgraded within two to three years, Consolidated CFO Steve Childers said.

Consolidated broadband upgrades in its new New England markets will improve broadband speeds to over 500K locations. In these markets, Consolidated currently offers speeds of 7 Mbps to 100 Mbps downstream at prices of . . .

The FairPoint brand will fade from memory, now that the company’s operations – located mostly along the East coast – are absorbed into Consolidated Communications. The combined company now operates in 24 states.

The $82 million that Verizon received was the big news for the New NY Broadband program, but funding also went to satellite provide Hughes and to several other major local service providers, as well as 12 smaller companies.

FairPoint is launching NFV cloud-based virtual customer premises equipment, that will allow SMB and enterprise customers to move traditional routing functions into the cloud
