SureWest scales Everest in $173 million buy

SureWest Communications, the Roseville, Calif.-based independent telco that was a telco broadband and video pioneer, announced it is acquiring Kansas City, Mo.-based Everest Broadband for $173 million. The deal, which roughly doubles the number of fiber-to-the-home subscribers for SureWest, comes weeks after the telco said it was interested in mergers and acquisitions of other like-minded FTTH carriers that could improve its economies of scale. The Everest deal should help bring more revenue balance to the combined company.

For more:
- read this story in Telephony

Related articles:
- SureWest said last month it was in the mood to buy 

Suggested Articles

On Monday, AT&T acknowledged for the first time that DriveNets is indeed providing core-networking routing software for its next-gen core network.

Microsoft is taking direct aim at telcos by announcing Azure for Operators, which includes a carrier-grade cloud platform and edge compute capabilitie

Rogers Communications really, really wants to get its hands on Cogeco, despite being told there's no interest to sell from Cogeco.