Zayo has completed its $52 million acquisition of the carrier and enterprise segments of Buhler, Kan.-based IdeaTek, a deal that immediately bolsters its fiber network to serve new carrier and on-net building locations in Kansas.
Global Capacity has put the final touches on its acquisition of MegaPath's wholesale business, enhancing its wholesale and Dedicated Access customer base.
Telefónica and Telenor now have the potential to reach 400 million LTE subscribers across the globe after their wholesale divisions agreed an IP Exchange (IPX) deal.
Shentel continued to find gold in its fiber lease segment as revenues rose 15.7 percent year-over-year to $8.1 million, helping to offset declines in legacy voice and drive up overall wireline revenues.
Consolidated Communications reported that in the third quarter of 2014, Ethernet services were a star performer in its portfolio, rising 14 percent year-over-year, but that was not enough to completely offset the drag of legacy service declines. Commercial and wholesale revenues rose 4.7 percent year-over-year.
Granite Telecommunications has reached an agreement to extend its commercial agreement with AT&T through 2017, a move that will give it confidence to continue supplying its POTS voice and other data services to its business customers.
DALLAS—Global Capacity is enhancing its effort to extend services into harder to reach rural areas by establishing a new arrangement with INDATEL, a middle mile network consortium that provides fiber-based Ethernet services in Tier 2 and 3 markets.
TNCI, an emerging national telecom provider focused on wholesale and business services, has taken another step forward in evolving its network from TDM to IP by deploying Genband's series of session controller, gateway and session border controllers.
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.