MegaPath's sale of its wholesale business to Global Capacity may not be the largest deal in the competitive service provider industry, but it's notable in that it allows it to become a managed and cloud services specialist.
EarthLink reported that its business service revenues once again declined sequentially 3.7 percent to $234 million, down from the 4.3 percent decline that took place in the previous quarter.
Enventis, which is in the process of being acquired by fellow independent ILEC Consolidated Communications, saw that the fiber and data segment played a starring role in its portfolio, with revenues rising 5 percent year-over-year to $17.8 million.
Verizon's FiOS results bounced back in the second quarter, with revenues rising 14.4 percent year-over-year to $3.1 billion due to an uptick in both broadband and video subscriptions.
Windstream is aware that the pending Comcast-Time Warner Cable merger could potentially have implications in the competitive business market, but in the near-term the hybrid telco/CLEC says it will have the upper hand in the multi-site enterprise market where cable has little experience in serving.
Windstream reported that its business service segment revenues remained flat year-over-year at $748 million, but the company is confident that a new marketing program and pricing initiatives will drive improved business revenue trends.
HickoryTech reported that its fiber and data segment was once again the shining star, with revenues rising 6 percent year-over-year to $17.7 million due to an increase in high capacity fiber and data sales to both retail businesses and wholesale carrier customers.
Zayo is enhancing its fiber reach in the California market by starting the buildout of an additional 550 miles of dark fiber in the San Francisco Bay Area.
FairPoint Communications is capitalizing on next week's COMPTEL PLUS Spring 2014 Convention & EXPO to show off three new enhancements for its wholesale E-Line Carrier Ethernet Services (CES) product line.
Verizon is passing the leadership torch in its global wholesale division by promoting Eric Cevis as the unit's new president. Prior to his new role, he most recently served as the senior vice president of sales for Verizon's Americas wholesale sales unit.