Shaw Communications has reached a deal to acquire Denver-based data center provider ViaWest from private equity firm Oak Hill Capital Partners for $1.2 billion, a move that immediately advances the Canadian cable operator's movement into the data services and cloud market segments.
WOW! Business continues to enhance its wireless backhaul holdings, announcing that it has been selected to provide fiber-based services to over 500 towers for various wireless operators in the Chicago metro area.
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.
Level 3 Communications' CEO Jeff Storey told investors during the second-quarter earnings call that he sees opportunities to advance the company's revenue base in EMEA and Latin America.
Sprint reported that its wireline revenues were $746 million, down sequentially and year-over-year from $770 million in the first quarter of 2014 and $910 million in the same period a year ago.
Calix bounced back from a slow first quarter, reporting that second-quarter 2014 revenue was $98 million, up 3.8 percent year-over-year from $94.4 million and up sequentially from $85.8 million in the first quarter of 2014. The company attributes the revenue increase to a host of new domestic and international customer sales.
AT&T has made it official: San Antonio is the next stop on its 1 Gigabit fiber to the home (FTTH) network journey, the latest in a string of locations in Texas where the telco said it will bring the service.
Ericsson has added another element to its growing OSS/BSS empire by reaching a deal to acquire Boston-based MetraTech, a move that will extend its presence beyond the telecom industry into other emerging markets, including transport and utilities.
Comporium, a regional telco and cable operator, is going to extend its Zipstream 1 Gbps fiber to the premises (FTTP) service to 125 neighborhoods in South Carolina's York and Lancaster counties. Service will be sold to residents for $99 per month.
Level 3 continued to ride the wave of enterprise growth as its enterprise Core Network Services (CNS) segment rose 11 percent to $984 million.