Tag:

Acquisition

Latest Headlines

Latest Headlines

Zayo completes Allstream acquisition, extending service automation, strategy into Canada

Zayo Group has completed its acquisition of Canada's Allstream, enabling it to provide its differentiated strategy and service automation capabilities to the country's business customers.

Videotron acquires Fibrenoire in move to battle Zayo's Canada ambitions

Videotron has reached a deal to acquire fiber-centric service provider Fibernoire for $88.6 million, enhancing its ability to effectively compete with growing threats from U.S. providers like Zayo that are coming into Canada.

Windstream spinoff CS&L makes first REIT strike, acquiring PEG Bandwidth for $409M

Communications Sales & Leasing (CS&L) is acquiring competitive fiber provider PEG Bandwidth for $409 million, marking its first publicly announced deal as a real estate investment trust (REIT) company.

Verizon's wireline woes, on-demand Ethernet, and cable's business play grabbed the headlines in 2015- Year in Review

As we end another year here at FierceTelecom,  it's time to reflect on the major news themes of the past year in the telecom industry's wireline segment. For this issue of  FierceTelecom, we are serving up our seventh annual Year in Review issue. The year 2015 was a time again of transition and, arguably, disruption in the wireline segment on three fronts: regulatory, consolidation, and technology.

Lightower acquires HarborLite Networks, enhances Baltimore network reach

Lightower Fiber Networks has acquired HarborLite Networks, enabling the provider to strengthen its fiber network density in the Baltimore area.

Windstream wraps $575M data center sale to TierPoint

Windstream has completed the $575 million sale of its data center business to TierPoint, enabling the telco to focus on enhancing its last mile and long-haul fiber network to deliver a host of new services to its existing and new consumer and enterprise customers.

CityFibre buys KCOM's fiber assets in $136.3M deal

London-based fiber firm CityFibre snapped up KCOM's national fiber network assets for $136.3 million and has secured $272.6 million in financing to continue to expand the national network.

Frontier gets California PUC approval to acquire Verizon assets

Frontier has gotten approval from the California Public Utilities Commission, clearing the final obstacle to complete its acquisition of Verizon's wireline assets in the state. The CPUC joins public utilities commissions in Florida and Texas in approving the deal.

Rogers acquires Internetworking Atlantic, enhancing its cloud, fiber network capabilities

Rogers Communications has acquired Internetworking Atlantic (IAI), giving the cable operator a suite of business service capabilities to more effectively challenge incumbent telco BCE in the Atlantic Canada region.

Ericsson CEO says Cisco merger was never an option

Ericsson's President and CEO Hans Vestberg took a moment to squash rumors that Cisco wants to purchase the company following a new partnership the pair announced for future technology developments.