mergers

AT&T Sneaks One In

November 27, 2011

AT&T sneaks in a note that says they set aside $4B for a break-up fee during the Thanksgiving break. AT&T withdrew its petition from the FCC as they wait to see what happens with the DOJ and the lawsuit.

UPDATE:

AT&T is in a tiff with the FCC over the merger application withdrawal.

Posted in FCC, mergers, politics

Presidio, Best Buy Make Acquisitions

November 7, 2011

Big day at Best But as they buy out the stake in Carphone UK and pick up an MSP.

< br/>

Bloomberg reports, "Best Buy Co., the world's largest consumer-electronics retailer, agreed to buy Carphone Warehouse Group Plc (CPW)'s stake in their U.S. mobile-phone joint venture for 838 million pounds ($1.34 billion) and close the U.K. stores it opened less than two years ago."

So Best Buy goes deeper into mobile retailing (well, not sharing profits on its Best Buy Mobile stores).

Posted in VAR, mergers, msp

So Who is Going to Buy XO?

November 3, 2011

I got asked this question again today: Who is going to buy XO? I think we can almost all agree that Carl Icahn would like to sell his company.

XO had 2010 revenue of $1.5 billion, only $8 million more than 2009. So that's flat.

Posted in CLEC, cloud computing, fiber, mergers, telco, voip, xo

E-Solutions for Sale?

November 3, 2011

Someone asked me this morning if I knew who bought E-Solutions in Tampa. Oops! I didn't know they were for sale. E-Solutions operates Tier 3 data centers in the beer can building, better known as the location in The Punisher movie that starred John Travolta. Okay, the address is known as the Park Tower Building at 400 North Tampa Street in Tampa, Florida. E-Solutions has a data center on three separate floors - 7th, 8th and 10th floors. E-Solutions is a managed hosting company and a Dell partner. Could Dell be the buyer?

Posted in data center, mergers

So PAETEC is in the WIND

October 31, 2011

A majority of PAETEC shareholders voted yes to Windstream's offer. It looks like Level3 and EarthLink won't be grabbing Paetec. There are other CLEC's to grab, especially Icahn's XO that just let 400 employees go.

Meanwhile, Network Billing Systems (NBS), "a fully-integrated telecommunications service provider, is expanding its MPLS network by partnering up with Windstream in an effort to expand the delivery of value added services to customers. The Network-to-Network Interface (NNI) with Windstream's advanced MPLS IP network will allow NBS to offer MPLS via Ethernet and T1 connectivity." [press release on TMC]

Posted in mergers, mpls

Will Paetec End up in the Wind

October 11, 2011

PAETEC has a bid on the table from Windstream for a stock swap. The board of PAETEC will vote on it at the end of October. Some shareholders are so not happy with the bid value that lawyers and analysts have been hired to evaluate the deal.

Meanwhile CNBC reports that Level3 will be putting in a competing bid for PAETEC despite the fact that L3 is currently in the process of acquiring Global Crossing.

Posted in CLEC, mergers

360, OpenRange and Hosting.com

October 11, 2011

It looks like Zayo Group is going to buy 360 Networks. Back in May, Zayo and 360 entered into a long-term dark fiber deal that must have set off talks of an acquisition. (It explains why 360 was too busy to keynote this week.) Zayo, backed by M/C Ventures, reported sales of $77.8 million and a profit of $11 million in 4Q11. Instead of being acquired, Zayo is grabbing its 17th sale.

Hosting.com acquired Neospire, a Dallas based mission critical, managed hosting provider.

Posted in CLEC, fiber, mergers, wimax

Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... 23 Next

On Rad's Radar?

mergers