mergers

Wild Wireless Winners

May 18, 2010

I didn't know that Carlos Slim owned Tracfone. I also didn't know that it was on VZW's network.

WalMart is a large retail channel for Tracfone, joining forces in 4Q09 to offer a $30 per month no-contract plan that consists of 1000 minutes, 1000 texts and 30MB of data. This plan (and a $45 plan) were introduced under the brand Straight Talk, offered through América Móvil subsidiary Tracfone Wireless.

Posted in cellular, mergers, wimax, wireless

GTT Balks on Acquiring GCI

May 12, 2010

Posted in CLEC, mergers

Chad Lives On

May 4, 2010

That annoying character, Chad, from the Alltel commercials lives on. (See his Facebook page here). This week Atlantic Tele-Network, Inc. (NASDAQ: ATNI) completed its purchase of certain former Alltel wireless assets from VZW. The total purchase price was $223 million.

Posted in cellular, mergers, wireless

So HP Buys Palm

April 28, 2010

Posted in cellular, mergers, wireless

SalesForce.com Buys Jigsaw

April 22, 2010

SalesForce.com is approaching a $3B year. They took a small part of that to buy Jigsaw for $143M. Why?

Steve Cadley is a SalesForce.com partner who helps businesses with sales performance via implementation of Miller Heiman process and SalesForce.com CRM system.

Posted in mergers, sales and selling

Qwest Merging with CenturyLink

April 22, 2010

News reports this morning from NYTimes, BusinesWeek and MarketWatch have CenturyLink merging with Qwest in an all stock deal. Huh?!

"The firms say the deal values Qwest at $22.4 billion, including $11.8 billion of assumed debt." [MW]

"The combination creates a national, 173,000-mile fiber network, the firms said.

Posted in FCC, mergers, telco, wireline

Mergers & Rumors

April 7, 2010

A compilation of mergers, news and rumors:

Rumor: VZ and Vodafone deal

IPO: Broadsoft and Telx both for $100M IPO's; meanwhile, Calix already raised $80m in an IPO this year.

WSJ says that Palm is in trouble.

Posted in FCC, mergers

Covad Acquiring MegaPath

March 31, 2010

Covad announced a merger with MegaPath today. That combines 2 of the 3 independent DSL transport players in the Industry. (The third would be EarthLink's New Edge Networks). Interestingly, MegaPath is a Covad customer.

Posted in CLEC, broadband, mergers, wireline

Ill. Judge Only Smart One

March 12, 2010

Only a single judge in Illinois has the common sense to see that the Frontier-Verizon deal is very similar to the Fairpoint-Verizon deal that resulted in a bankruptcy within 18 months while screwing consumers in three states.

The Herald-Review has a report about "An administrative law judge ruled that the planned sale of Verizon's land-line service to Frontier Communications should not be approved by state regulators.... In her ruling, Administrative Law Judge Lisa M. Tapia says evidence presented in the case in front of the Illinois Commerce Commission doesn't support the sale, primarily because the transaction would leave Frontier too laden with debt to be able to properly manage the lines and other infrastructure."

This was exactly the deal with Fairpoint.

Posted in Internet, broadband, fiber, mergers, spectrum, telco, wireline

Is it the Regulatory Environment?

February 9, 2010

In a twitter exchange with Erik Cecil, former regulatory counsel at Level3, we were dialoging about the Fairpoint bankruptcy. (FairPoint aims to cut debt by two-thirds).

My reply stated, "Just 2 years after the deal w/VZ to create an unstable Fairpoint despite opposition, Fairpoint screws everyone." By everyone, I mean the customers, the economy, the state, the PUC who approved the deal despite being against it (And Erik, you think there is regulation?), the workers, the Union, shareholders and the debt holders. I actually don't care about the last two, because both should have known it was going to go POOF!

Posted in FCC, Internet, broadband, cableco, cellular, economy, mergers, politics, telco, wireless, wireline

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