Herb Hribar, CEO of eircom, has told the company's board of directors he will not seek to renew his contract and will leave the company. The announcement comes after the Ireland-based company abandoned plans for an initial public offering.
Lightower Fiber Networks continues to make progress with its network expansion effort, announcing that it extended its fiber footprint throughout downtown Philadelphia.
Ireland's eircom has reached a major milestone in its next-gen broadband rollout program, announcing that it has passed 1 million premises with its fiber network.
Geo Networks, which is now part of Zayo, has reached a deal to acquire the assets of the failed Digital Region broadband network in South Yorkshire, England, reports The Star.
Zayo has filed the necessary paperwork with U.S. regulators to conduct an initial public offering (IPO) with hopes of raising up to $100 million.
Consolidated Communications' move to acquire fellow independent telco Enventis for $350 million may not be on par with the blockbuster deals its independent ILEC counterparts CenturyLink and Windstream have made in recent years, but it's significant in that it is a sign of another smaller telco branching out of its all-voice service roots.
Alpheus Communications is going to spend up to $12 million to increase its fiber network footprint in Houston and Dallas, a move that will enable it to better respond to multi-site businesses that are looking for alternative sources to connect their office locations and data centers.
Consolidated Communications has reached an agreement to acquire all 13.8 million shares of Enventis, formerly HickoryTech, for about $350 million, marking yet another element in the ongoing consolidation of the independent telco market.
TeliaSonera International Carrier (TSIC) has tapped Ciena as the optical vendor of choice to upgrade the pan-European segment of its global fiber network, enabling it to expand its portfolio of 1-100G services to its wholesale service provider customers.
Level 3 has reached an agreement to acquire tw telecom for about $5.7 billion in cash and stock, a deal that immediately enhances its growing enterprise services business.