Zayo reported that its fiscal third quarter 2013 revenues rose $7.9 million, sequentially, to $251.4 million due to an increase in net installations and growth, mainly from its acquisitions of First Telecom Services and Litecast.
Birch Communications, a growing IP-based competitive provider focused on SMBs, has signed a deal to purchase various customer and network elements from Lexington, Ky.-based Lightyear Network Solutions for an undisclosed sum.
UNSi, a competitive service provider, has purchased Dallas-based Airband, a move that gives it expanded MPLS capabilities and, for its business customer base, broadband wireless services.
GTT, a virtual network operator, has enhanced its Ethernet and IP transit capabilities by purchasing Inteliquent's global data services business for $54 million, a move that immediately bolsters its Ethernet interconnectivity capabilities.
Telecom New Zealand is purchasing privately-held data center provider Revera for NZD 96.5 million (USD 82.5 million) as a way to deepen its foothold in the cloud and data center service segments.
Reliance Communications' move to sell off a large stake of its Globalcom unit has stalled again as its talks with Bahrain Telecommunications Company ended without a deal being struck.
New Zealand's Kordia has sold its Orcon residential ISP operations to a group of private investors led by Vivid Networks director Warren Hurst for an undisclosed amount.
Ericsson is making a formal move to acquire Microsoft's Mediaroom IPTV business, giving it a 25 a percent market share in the IPTV market segment.
Tech Valley Communications (TVC), a regional competitive fiber-based provider owned by Riverside Partners, on Tuesday reached an agreement to acquire Vermont-based TelJet's fiber and colocation assets.
Lumos Networks, a regional service provider that has been gaining traction in the business and wholesale market selling fiber-based Ethernet services, could be an attractive acquisition target, says Cowan and Company in a report.