C Spire bolsters its business-services portfolio with MegaGate Broadband purchase

C Spire has reached an agreement to acquire Hattiesburg, Miss.-based MegaGate Broadband, enabling it to expand its market presence and offer business services in three states.

Neither C Spire nor MegaGate revealed the financial terms of the purchase.

MegaGate, a former division of Cellular One, serves Mississippi business markets as both a CLEC and an ISP.

The purchase, which requires necessary federal and state regulatory approvals, is part of C Spire's broader effort to expand its wireline product set to serve a larger set of business, government, and residential customers. Part of that effort includes the rollout of its 1 Gbps-capable fiber-to-the-premises (FTTP) service in nine Mississippi cities.

C Spire expects final regulatory approval of the merger within the next 60 days.

C Spire has been expanding its network reach and product portfolio through a series of acquisitions and organic efforts.

In December, it acquired Alabama-based Callis Communications, a cloud-based communications services provider. It also plans to open a $23 million Tier III+ data center in Starkville, Miss., in November.

For more:
- see the release

Related articles:
C Spire adds 1 Gbps FTTH to its service roster
C Spire adjusts requirements for Mississippi residents to its 1 Gbps FTTH service


Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.