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Thursday, April 28, 2011 at 6:06PM Source: The Deal Advisor
Less than one month after closing on its $22b buy of Qwest, CenturyLink has made a big move into the data center business. The company will spend $3.2b for Savvis, Inc.'s 32 data centers and managed services operation. Richelle Elberg analyzes the deal motivators and multiples, and reviews recent M&A activity for data centers.
Read the analysis here.
Thursday, April 28, 2011 at 12:20PM Source: Phone Numbers
Every quarter we analyze the earnings releases of the public ILECs. In this installment, Deb Rand reviews Consolidated Communications' 4Q and 2010 performance, highlighting the particular challenges the company faces and strategies for future growth.
To read more click here
Thursday, April 28, 2011 at 10:24AM Source: Consolidated SEC Filing
On April 27, 2011, Joseph R. Dively, a Senior Vice President of Consolidated Communications Holdings, Inc., informed the company of his decision to resign from the company, effective as of May 6, 2011, in order to accept the positions of Senior Executive Vice President of First Mid-Illinois Bancshares, Inc. and President of its subsidiary, First Mid-Illinois Bank & Trust, N.A.
Thursday, April 28, 2011 at 10:10AM Source: Comment Filing
Free Press, Media Access Project, Public Knowledge, Consumers Union, and the Open Technology Initiative of the New America Foundation wrote a letter to the FCC expressing their concerns of the proposed AT&T - T-Mobile merger. The organizations also requested a denial of the Qualcomm license transfer. The organizations said, "if the Commission does not immediately deny the proposed Qualcomm license transfer as requested by numerous parties, the two proceedings should be combined to enable a full and complete competitive analysis.
Download the entire letter here.
Thursday, April 28, 2011 at 10:02AM Source: Clearwire Press Release
Clearwire (Nasdaq:CLWR) and Sprint (NYSE:S) announced an expansion of the Clearwire 4G network footprint and capacity upgrades for mobile broadband customers in the greater Grand Rapids metro area. The regional CLEAR and Sprint 4G service area has added coverage for an additional 24,707 people. Now, more than 306,220 people in the Grand Rapids area have access to Clearwire's 4G mobile broadband network. This expansion represents new coverage since Clearwire's initial launch on August 3, 2010.
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