Verizon has received FCC approval for a $20 billion acquisition of Frontier Communications, expanding its fiber network to reach more homes nationwide. In exchange, Verizon agreed to eliminate all diversity, equity, and inclusion initiatives, reflecting broader industry and political shifts away from such programs.
Charter plans to acquire Cox for $34.5 billion, forming the largest cable and broadband provider in the United States. The merger aims to enhance innovation, improve customer service, and strengthen competition amid a shifting market. Leadership will combine executives from both companies, with operations based in Stamford, Connecticut.
Virgin Media O2 Business and Daisy Group have merged to create a major force in UK communications and IT. With around 700,000 customers and projected savings of £600 million, the new entity aims to drive B2B growth and digital transformation. VMO2 holds a 70 percent stake, and leadership will include executives from both companies.
A Neos Networks study finds that 96% of UK Altnets are exploring M&A amid rising competition. Facing funding issues, regulatory hurdles, and limited customer awareness, many aim to diversify into smart home tech and enterprise services while prioritising customer satisfaction and adopting advanced tech.
FiberLight is expanding its Virginia footprint by acquiring Metro Fiber Networks, enhancing connections between Richmond and Virginia Beach. The move strengthens its ability to support hyperscale data centers, government, and educational clients.
Cordiant Digital Infrastructure is on the brink of acquiring BT Ireland’s wholesale unit for €22 million. This strategic move, approved by Ireland’s Competition and Consumer Protection Commission, is set to enhance Cordiant’s influence within the Irish market.
TXO has acquired the AirWay Group, strengthening its North American presence and expanding its sustainable telecom solutions. The deal enhances TXO’s network lifecycle capabilities and supports its mission to reduce waste, while bringing on board key leadership and over 250 global telecom clients.
Qualcomm’s recent acquisition of MovianAI marks a pivotal step in revolutionizing AI technology within sectors like smartphones, computers, and vehicles. This strategic move complements their existing IoT strategy, enhancing Qualcomm’s ability to integrate sophisticated AI solutions.
Comcast Business has made a strategic leap by acquiring Nitel, a leading Network-as-a-Service provider. This move strengthens Comcast’s position in enterprise networking and managed services, enhancing its capability to compete with industry titans like AT&T and Verizon.
T-Mobile’s joint venture with EQT to acquire Lumos marks a strategic leap in expanding T-Mobile’s broadband offerings. By transitioning Lumos customers to T-Mobile Fiber, this acquisition positions T-Mobile as a formidable player in fiber services. The $950 million investment aims to enhance network expansion.