by Pivot
Tag: M&A
Investor Urges Shareholders Not to Approve Consolidated Communications Sale
One of Consolidated Communications’ institutional investors is encouraging other shareholders not to vote in favor of the proposed Consolidated sale to Searchlight Capital Partners LP and British Columbia Investment Management Corporation. The investor, Wildcat Capital…
Mainstream Fiber Primed to Pursue Public-Private Partnerships with Searchlight Investment
Furthering public-private partnerships and supporting unserved or underserved areas are the goals of an investment that Searchlight Capital Partners LP has made in Indiana service provider Mainstream Fiber Networks. Mainstream has already received more than…
Macquarie to Invest in SwyftFiber/CableSouth
A fund managed by Macquarie Asset Management has agreed to buy into SwyftFiber, a service provider active in Louisiana, Arkansas and Mississippi. Readers may know SwyftFiber better as CableSouth. The structured equity investment is subject…
In Move to Accelerate Its Fiber Biz, Shentel Agrees to Acquire Horizon Telcom
Fiber provider Shenandoah Telecommunications Company (Shentel) has agreed to acquire all of the equity interests of Horizon Acquisition Parent LLC, which is the parent company of Horizon Telcom. The definitive agreement is for $385 million consisting…
Consolidated Communications To Be Acquired In $3.1B Deal
Fiber provider Consolidated Communications Holdings Inc. entered a definitive agreement to be acquired by affiliates of Searchlight Capital Partners, L.P. — which already owns about one-third of the company — and the British Columbia Investment…
Bluepeak: Rural Consolidation with Local Flair
Bluepeak’s fast and affordable internet service is achieving top service rankings across the company’s footprint as the competitive fiber provider continues to expand into new markets and enhance its network. Telecompetitor spoke with Rich Fish,…
LICT Makes Another Rural Provider Acquisition, Manti Telephone
LICT Corporation’s wholly owned subsidiary, CentraCom, will acquire Manti Telephone Company (MTC) and its sister companies, Manti Tele Communications Company (MTCC), and AFConnect (AFI) for an undisclosed price. The deal is expected to close at…
CEO: Investors Provide More Than Just Funding for Allo Communications
Nebraska-based Allo Communications, a competitive provider that serves urban and rural areas, has seen strong growth over the 20 years since its founding. Telecompetitor talked to Allo CEO Brad Moline about how the company achieved…
360 Broadband: Texas and Oklahoma Wireless ISPs Merge
Two regional service providers – 360 Communications and 903 Broadband – merged last month to create a new company called 360 Broadband. The company will serve almost 16,000 customers in Oklahoma, Texas and Arkansas. To…
Vyve Makes Acquisition from ATC Broadband
Rural broadband consolidator Vyve Broadband has acquired the commercial arm of ATC Broadband serving the Vidalia, GA area. The network serves the cities of Swainsboro, Lyons and Vidalia as well as Emanuel, Toombs and Montgomery…
NRTC Combines with Pivot Group to Help Members Build Their Broadband Business
NRTC, a membership cooperative of rural electric and telecom providers, has acquired Pivot Group, a marketing and customer experience (CX) agency that serves rural broadband providers. NRTC traditionally has focused on technology, helping members plan,…
Nextlink Expands to Indiana by Acquiring Echo Wireless
Nextlink Internet today announced the acquisition of Echo Wireless for an undisclosed price. The acquisition expands Nextlink’s market into the state of Indiana, specifically, the rural communities in Knox, Davies, and Lawrence counties. Nextlink was…
