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.

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- read this story in Telephony

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

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