by Pivot
Tag: M&A
Uniti Sells Off Two Fiber Investments, Wireless Towers
Uniti Group, the telecom real estate investment trust (REIT) spun off from Windstream several years ago, said it has sold its “remaining investment interest” in Bluebird Network, as well as fiber and other network assets…
Blue Stream Fiber Gets a New Investor
Florida fiber broadband provider Blue Stream Fiber has added an investor, Sixth Street, in a deal put together by its owner, GI Partners. Blue Stream, which is headquartered in Coral Gables, Florida, provides all-fiber 10…
Fixed Wireless M&A: One Texas Provider Acquires Another
In a fixed wireless M&A deal, Sago Internet, based in Medina County, TX has acquired Somerset, TX-based ClearBadger LLC for an undisclosed price. Sago Internet was founded in 2021 by Medina County residents. It was…
Shareholders Approve Consolidated Communications Sale to Private Investors
The U.S. is poised to see another major publicly held telecom provider become a private company now that Consolidated Communications shareholders have approved the company’s sale to Searchlight Capital Partners and British Columbia Investment Management…
RTA Continues Rural Push with Blue Ridge Fiber Acquisition
Rural broadband consolidator Rural Telecommunications of America (RTA) has acquired Blue Ridge Fiber, LLC. The acquisition, RTA says, will enable it to expand further in the Midland-Odessa, TX area. RTA says that it will deploy…
Private Equity Firm Sees Potential in Mobile Home Broadband Investment
AccessParks, which provides broadband connectivity to RV parks, national and state parks, and manufactured housing communities received additional funding today from M/C Partners, a private equity firm focused on the digital infrastructure and technology services…
Here’s a Rundown of Broadband M&A for 2023
The year 2023 was another big one for telecom and broadband mergers and acquisitions (M&A). Investment firms continue to be major players, lured by the possibility of upgrading network infrastructure in unserved and underserved areas.…
Oak Hill Capital Purchases Wire 3, Commits $250M to Expansion
Oak Hill Capital has made yet another investment in telecommunications, announcing today its acquisition of Florida-based fiber-to-the-home provider Wire 3 from Guggenheim Investments. The price was not disclosed. Oak Hill Capital has committed to invest…
Investment Firm to Buy Utility Fiber Company DQE Communications
Investment firm GI Partners plans to acquire fiber network operator DQE Communications (DQE) from its parent company, Pittsburgh-based utility company Duquesne Light Holdings Inc. (DLH). The value of the transaction, expected to close in the…
Tier 3 M&A: One Indiana Provider Plans to Buy Another
Buffalo, Ind.-based LightStream has agreed to purchase Monon (Ind.) Telephone Company, Inc. for an undisclosed price. The transaction is subject to regulatory approvals, which are expected to be final in the first half of 2024.…
Rural Telecom M&A: One Iowa Provider Buys Another
In a deal between two broadband and telecom operators in rural southeast Iowa, Kalona Cooperative Technology Company (KCTC) acquired Farmers & Merchants Mutual Telephone Company (Famtel). The transaction was about two years in the making. The companies had shared ideas over the…
Investment Firm Purchases Rainier Connect, Changes Name to Lightcurve
Investment firm Palisade Infrastructure has completed the acquisition of 100% of the equity interests in Mashell, Inc., parent company of Rainier Connect, a 110-year old telecom and broadband provider that serves Tacoma and other Washington…
