July 13, 2021 – The Michigan cities of Farmington Hills & Farmington have both signed up to become a SiFi Networks’ FiberCity®. SiFi Networks is already constructing networks in California and Massachusetts, and these two cities will be the first…
M&A
T-Mobile Closes on Shentel Wireless Assets
When they meant the T-Mobile Shentel deal for Shentel’s wireless network would close in the third quarter, they meant it. A statement was released at 12:00 AM on the first day of the third quarter announcing the deal has closed….
WOW Divestitures Valued at $1.8 Billion, as Four Cable Systems Change Hands
WOW Internet, Cable & Phone (WOW) today announced agreements in which it will sell systems in Ohio, Illinois, Indiana and Maryland. The divestitures have a total value of $1.786 billion. The larger agreed to transaction is with Cogeco Communications’ subsidiary…
Verizon Acquires Indoor Positioning System Provider Senion
Verizon has acquired Senion, a company that provides indoor positioning system (IPS) technology based on “machine learning sensor fusion technology.” The platform, according to Verizon, provides sub-meter accuracy for positioning and navigation within structures. The Senion system adds indoor wayfinding,…
Zayo Completes IFN Acquisition
With the closing of its acquisition of the Indiana Fiber Network, Zayo Group Holdings has added more than 5,000 route miles of on-net connections and what it characterizes as dense fiber to almost 1,000 enterprise buildings in Indianapolis, Fort Wayne,…
Shentel and T-Mobile Make Progress on Closing Wireless Assets Sale
Shentel and T-Mobile finalized the asset purchase agreement for the sale of Shentel wireless assets to T-Mobile. The deal is expected to close in 3Q 2021. Back in August 2020, T-Mobile exercised a purchase option for Shentel wireless assets that…
Streaming Wars Driving Companies to Scale Up, with Amazon MGM Deal the Latest Example
Amazon announced a deal to acquire MGM studios for $8.5 billion today. The deal will provide Amazon a deep library of high value content and a studio and production house to create more, as it looks to compete in the…
Two Holding Companies Unite in Latest Rural Broadband M&A Deal
The latest rural broadband M&A deal involves Bedford, NH-based USConnect Holdings and West Point, GA-based ITC Broadband Holdings. USConnect has entered into a definitive agreement to be acquired by ITC, the companies announced today. USConnect Holdings owns and operates 7…
AT&T and Discovery to Create New Entertainment Company
AT&T and Discovery, Inc. said today that they have agreed to combine Discovery’s entertainment assets with AT&T’s WarnerMedia assets. If approved by regulators, the deal is expected to close in mid-2022. The combination of WarnerMedia and Discovery entertainment, sports and…
Cox Acquires Regional Fiber Operator Segra
Cox is acquiring Charlotte, North Carolina-based regional operator Segra from private equity firm EQT Infrastructure, the company announced today. Segra operates a fiber network across nine states in the mid-Atlantic region and has roots in the independent telco sector. Segra’s…
California Fixed Wireless Providers Cal.net and Winters Broadband to Merge
Shingle Springs, California-based Cal.net and Winters, California-based Winters Broadband are merging, the companies announced today. Both companies offer broadband service using fixed wireless technology. The combined companies will operate under the Cal.net name, and will operate over a territory of…
Shentel Restructuring Will Reduce Workforce Due to T-Mobile Wireless Sale
Shentel (Shenandoah Telecommunications Company) will reduce its workforce because of the expected sale of its wireless assets and certain liabilities to T-Mobile US, Inc. The Shentel restructuring plans have been announced to employees. Shentel was required to sell the operations…
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