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