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 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…
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…
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, 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 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…
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 (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…
Canadian-based telecom providers Rogers Communications and Shaw Communications agreed to combine today in a $26 billion (including debt) merger that executives said will benefit the combined entity and its customers. Rogers has Canada’s largest 5G network, while Shaw’s strength is…
Verizon is buying certain wireless assets of Triangle Mobile of Montana, highlighting a growing interest in rural wireless operations. The purchase includes Triangle’s LTE in Rural America (LRA) assets. Triangle says on its website that the deal is expected to…
Zayo said today that it plans to purchase Intelligent Fiber Network (IFN), a fiber network operator primarily serving Indiana that is owned by a group of independent telcos and a rural electric company. The deal is expected to close in…
As Dish looks to enter the wireless business, one Wall Street firm is reporting the company may be eyeing TDS for acquisition. The main motivation for any Dish acquisition of TDS would be US Cellular. TDS is the parent company…
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