mergers tag
25 result(s) displayed for mergers (101 - 125 of 183):
GoDaddy for $2B?
The WHIR is reporting that private equity firms, KKR and Silver Lake Partners, are buying GoDaddy for $2B. Late last year, the rumor was that Bob Parsons, CEO of the well-known hosting company, was looking for $1 billion based on the...
Sprint/C-Link Talk
There have been a bunch of rumors about Sprint being a perfect target for CenturyLink, especially after the T-T merger, when Sprint will become the the Danica Patrick of cellular (pretty, media savvy, but not a real contender).CenturyLink is currently rolling...
Moving and Shaking the Industry
Cbeyond opens up for business in Boston. Agents rejoice as they get to sell a booming brand to the SMB space in Boston. AboveNet looks to have a private equity buyer.Another fiber provider is getting an infusion of equity from...
And So the Bankers Cheer
Intermedia is a hosted Exchange company that ventured into hosted VoIP. That venture landed them an LOI (letter of intent to buy) from a private equity firm. On the heels of that, Intermedia decided to grab Zlago to bolster the...
All Those in Favor
The Benton Foundation notes that there are over 10,000 comments to the FCC about the ATT/T-Mobile merger. Unions and relatives are competing against consumer groups for the robo-comments.Meanwhile, MetroPCS officially opposed it, but wants to buy all the assets that...
Crazy News Tidbits
“The U.S. Postal Service continues to hemorrhage money, posting a net loss of $747 million in April, and an accumulated net loss of $3.3 billion in the first seven months of its fiscal year.” [BtoB] That’s crazy! It is time...
The ATT-T-Mobile Merger Rumors
Originally I had heard that the break-up fee was $3B, which meant (to me) that this deal was going to go through. Then there were reports it was $6B, which means there is no stopping it. (And let's not forget...
Tele-Pacific Buys into Hosted
Tele-Pacific is buying its way into Hosted PBX with its acquisition of Telekenex. TelePacific will gain approximately 1,000 business customers and 122 employees along with the hosted PBX platform. Tele-Pacific will run Telekenex as a separate channel, which is a...
Who Got CommPartners?
So CommPartners was split up into 2 pieces in bankruptcy: Carrier Services and Hosted PBX. The Carrier Services division was acquired by Point1, a Unipoint Holdings company. Momentum scooped up the Hosted VoIP business for about $2M. I don't have...
CenturyLink Buys Savvis
It hasn't even finished swallowing Qwest and CenturyLink makes a deal to buy Savvis for $2.5B plus the assumption of $700M in debt. From the press release, "With the addition of Savvis, CenturyLink will achieve global scale as a managed...
Smoothstone Gets Bought
Consolidation continues in the Hosted VoIP space as West Corporation, which owns Intercall, Intrado and other businesses, acquired Smoothstone today for $120M. This is on the heels of InterCall, a subsidiary of West Corporation and the world's largest conferencing and...
Cellular Mergers
There were four big cellular mergers since 2004. All have been okayed. Bloomberg has a chart about all 4. So I guess the new one - ATT-T-Mobile - will be going through too. Just great!...
It Finally Happened
Level3 finally buys Global Crossing for $3B including assuming $1.1B in GC debt. This is a merger that the industry has expected for some time. Honestly, I don't see how it works, because it's about synergies. My favorite word, because...
The Big T
AT&T announced yesterday that they were buying T-Mobile from its parent, DT, for $39B. There are so many losers in this combination I don't know where to begin! First, generally consumers lose as Ma Bell hordes even more spectrum. T-Mobile has...
What's Up in Cellular Rumors?
First, Clearwire's founder and Chairman Craig McGraw resigned in February. Now CEO Bill Marrow has resigned and the rest of the C-Suite has been re-shuffled. (see story here). Clearwire is in negotiations with Sprint and out looking for capital before...
My EarthLink Strategy
When I analyze the four CLEC components of the new EarthLink Business, I wonder what Atlanta will do with it. Deltacom had a huge fiber network (IFN) that essentially went under-utilized. In my experience, many employees did not know...
Dash CS to Bandwidth.com
Image via Wikipedia DASH Carrier Services, a provider of E-911 and other services to the ITSP sector, was acquired by Bandwidth.com. Interestingly, Bandwidth.com used to be the provider of VoIP origination and termination services for many VoIP providers, but...
ILEC News
CenturyLink will be reselling VZW as an authorized agent. Why AT&T will not be buying Echostar: Echostar has been on a tear buying up bankrupt assets of BDSD and Terrestar; then Move Networks; and now Hughes. It’s too big to...
Keyon Marches On
Keyon Communications Holdings was the stalking horse for the CommPartner assets, but they lost that bid. (Probably for the better, because by all the noise I hear from service providers CommP is having issues.) Keyon bought WREC of Nevada for...
Satellite Merger
Gary Kim writes that Echostar is buying Hughes Communications Inc. A majority of Hughes is owned by investment firm, Apollo Management IV, which, according to the BizJournal already approved the deal. Of course, the FCC has to approve the deal...
Two More Acquisitions
According to a letter to PAETEC employees, “Earlier today, we announced plans to acquire XETA Technologies, Inc. which will dramatically expand our capabilities to serve customers with unique, equipment-based solutions nationwide. XETA is very similar to Quagga (or what we...
TWC Snags Navisite
Image via Wikipedia When I first heard the news last night, I thought that TWT (tw telecom) had scoooped up Navisite. Instead, it's TWC (Time Warner Cable) that is paying $230M for the hosting company. The MSO gets 1200 clients...
VZ Buys Terremark for $1.4B
I was shocked last night when I read that VZ had purchased Terremark for $1.4B. It reminded me of MCI Worldcom buying Intermedia just to acquire the Digex assets. It really is all about Cloud these days! Rackspace and...
Bits and Pieces
The TCA has over 370 agent members now. Certification is underway. Are you becoming a Certified Telecom Professional? STS Telecom and Saturn Telecommunications became part of Deltacom today, which is now EarthLink Business, according to an FCC filing. STS in its...
The Winds of Change on The Channel
The last six months has seen many channels at the Channel Chief level at XO, Level3, MegaPath, and other carriers. Also, the M&A has resulted in a tumulus time for The Channel. Qwest and CentruyLink. Embarq and CenturyTel. New Edge...
