by Pivot
Tag: M&A
Consolidated Completes Asset Sale to Private Investor
Consolidated Communications has completed the sale of its Washington assets to investment firm Palisade Infrastructure. The transaction includes approximately 9,950 data connections and 8,500 lines, according to Consolidated. The selling price was not disclosed. Consolidated…
T-Mobile Closes Mint Acquisition
T-Mobile US Inc. has completed its previously announced acquisition of Ka’ena Corporation. It includes direct-to-consumer prepaid wireless brand Mint Mobile, internationally focused brand Ultra Mobile, and wholesale wireless solutions provider. Telecompetitor previously reported that T-Mobile…
T-Mobile to Form Fiber Joint Venture That Will Absorb Lumos
T-Mobile and global investment firm EQT have signed a deal to create a fiber broadband joint venture that will include the fiber assets of broadband provider Lumos. Lumos, which is already owned by EQT, will…
Grain Management Buys Majority Stake in 123NET
Grain Management LLC has agreed to acquire a majority interest in 123NET, a fiber Internet, colocation and business voice provider that serves Michigan. 123NET’s management team will remain in place and hold “a meaningful” ownership…
One MDU-Focused Broadband Provider Buys Another
ResortNet LLC, a broadband and cable provider focused on the multi dwelling unit (MDU) market, has acquired the assets of Broadband MDU, another provider of broadband and video services targeting MDUs. Broadband MDU focuses on…
EarthLink Makes Another Fixed Wireless Acquisition
EarthLink has continued its foray into the fixed wireless access access (FWA) sector with the acquisition of BroadAspect, a service provider headquartered in Virginia. The acquisition is effective immediately. EarthLink will take over BroadAspect’s fiber…
Pavlov Media Buys Fiber Ring From Dial Communications
Pavlov Media has acquired a 45-mile fiber ring in Tallahassee, Fla., from Dial Communications. Pavlov operates municipal networks in various markets across the U.S., all of which are connected to the company’s backbone network. The…
How Far Will Rural Broadband Consolidation Go?
Rural broadband consolidation over the next five to ten years is inevitable, according to a new report from CoBank. “It seems to be not a question of if, but when, and how much,” writes Jeff…
In the Network Test World, VIAVI to Acquire Spirent
VIAVI Solutions is acquiring Spirent Communications plc in a cash offer that values the acquisition at £1,005 million, or $1,277 million based on Monday’s British pound sterling to U.S. dollar exchange rate, the two companies…
Visionary Broadband Bolsters Colorado Footprint with Aristata Acquisition
Regional service provider Visionary Broadband has acquired Aristata Communications, a service provider in Colorado. Aristata operates in Chaffee, Fremont, Custer, Huerfano and Lake counties in Colorado. The value of the acquisition and other details were…
Rural Provider Bluepeak Gains an Investor
Funds managed by Ares Management’s Infrastructure Opportunities and Alternative Credit Strategies (“Ares”) has made a strategic investment in Bluepeak, a regional fiber broadband service provider in the Great Plains. The amount of the investment was…
Cox Enterprises OpenGov Investment Aims to Close Government Technology Gap
Cox Enterprises has made a majority investment in OpenGov, a provider of cloud software for cities, counties and state agencies in the United States. The goal is to “close the growing technology gap that plagues…
