Latest Headlines

Latest Headlines

GTT acquires One Source Networks for $175M to scale SIP trunking, managed service capabilities

GTT Communications is acquiring One Source Networks for $175 million, a deal that will enable GTT to further grow its data, SIP trunking and managed service portfolio to serve more Fortune 1000 business customers.

Frontier gets FCC approval of 3-state Verizon wireline deal

Frontier Communications has received the FCC's approval for its proposed acquisition of Verizon's wireline operations in California, Florida and Texas, clearing an important federal hurdle to complete the company-changing deal.

Consolidated's Childers says 80 percent of revenue comes from business, broadband services

Consolidated Communications is seeing the fruits of its ongoing transformation from another Tier 2 provider of voice to a next-gen IP service provider, with a senior executive saying that 80 percent of its revenue comes from broadband and business services.

Shentel's $640M purchase of nTelos to boost company's fiber, cable business

Mid-Atlantic telecommunications company Shentel said it will purchase nTelos for approximately $640 million in a move the company said will improve its fiber and cable holdings.

Qualcomm snaps up Ikanos for $47M, expanding home gateway, IoT presence

Qualcomm Atheros, a subsidiary of wireless technologies provider Qualcomm, is acquiring chipmaker Ikanos Communications in an all-cash transaction valued at about $47 million. The purchase will boost Qualcomm's presence in the home gateway segment of the carrier fixed-line market.

AT&T agrees extend Gig service to E-rate schools, libraries as part of DirecTV deal

AT&T has agreed to extend its 1 Gbps FTTP service to more E-rate eligible schools and libraries in its wireline footprint as one of the concessions of its now-completed acquisition of DirecTV.

Digital Realty acquires Telx for $1.9B, doubles data center footprint

Digital Realty, a colocation and data center provider, is acquiring Telx from its private equity firm owners ABRY Partners and Berkshire Partners for $1.9 billion, a deal that will immediately enhance its data center footprint.

Cisco acquires MaintenanceNet for $139M, adds data analytics, automation to cloud portfolio

Cisco is acquiring privately held MaintenanceNet for $139 million, enhancing its cloud portfolio with a set of software data analytics and automation to manage renewals of recurring customer contracts.

Level 3 acquires Black Lotus, enhances DDoS mitigation capabilities

Level 3 Communications has acquired privately-held Black Lotus, a provider of global Distributed Denial of Service mitigation services, furthering its network security capabilities for its growing enterprise customer base.

Cisco acquires OpenDNS for $635M, bolsters security play

Cisco has reached an agreement to acquire OpenDNS, a provider of cloud-based security solutions for $635 million, a move that will enhance its security services capabilities.