Tag:

Acquisition

Latest Headlines

Latest Headlines

Australia's NBN Co. purchases iiNet's FTTP network

NBN Co. is bolstering its fiber to the premises network plans by purchasing iiNet's TransACT-branded FTTP network and related infrastructure in the Australian Capital Territory for AUD 9 million (USD 8.79 million).

Zayo's acquisitions drive up fiscal Q3 revenues to $251.4 million

Zayo reported that its fiscal third quarter 2013 revenues rose $7.9 million, sequentially, to $251.4 million due to an increase in net installations and growth, mainly from its acquisitions of First Telecom Services and Litecast.

Birch continues acquisition streak with Lightyear deal

Birch Communications, a growing IP-based competitive provider focused on SMBs, has signed a deal to purchase various customer and network elements from Lexington, Ky.-based Lightyear Network Solutions for an undisclosed sum.

UNSi acquires Airband, beefs up MPLS reach, adds broadband wireless

UNSi, a competitive service provider, has purchased Dallas-based Airband, a move that gives it expanded MPLS capabilities and, for its business customer base, broadband wireless services.

GTT buys Inteliquent data business for $54.5 million, enhances Ethernet interconnectivity

GTT, a virtual network operator, has enhanced its Ethernet and IP transit capabilities by purchasing Inteliquent's global data services business for $54 million, a move that immediately bolsters its Ethernet interconnectivity capabilities.

Telecom New Zealand boosts data center, cloud offerings with $82.5 million Revera purchase

Telecom New  Zealand is purchasing privately-held data center provider Revera for NZD 96.5 million (USD 82.5 million) as a way to deepen its foothold in the cloud and data center service segments.

Reliance's talks with Batelco to sell Globalcom end with no deal

Reliance Communications' move to sell off a large stake of its Globalcom unit has stalled again as its talks with Bahrain Telecommunications Company ended without a deal being struck.

Kordia sells off Orcon to Vivid Network-led investor group

New Zealand's Kordia has sold its Orcon residential ISP operations to a group of private investors led by Vivid Networks director Warren Hurst for an undisclosed amount.

It's official: Ericsson to acquire Microsoft's IPTV business

Ericsson is making a formal move to acquire Microsoft's Mediaroom IPTV business, giving it a 25 a percent market share in the IPTV market segment.

Tech Valley's TelJet deal expands its New England, Canada presence

Tech Valley Communications (TVC), a regional competitive fiber-based provider owned by Riverside Partners, on Tuesday reached an agreement to acquire Vermont-based TelJet's fiber and colocation assets.