Ownership

Who owns, controls, or influences media and telecommunications outlets.

Meridiam rides fiber train in Alabama with $230 million investment

Alabama is getting a major open access fiber boost via private investment. Meridiam, an infrastructure investment firm, is kicking off a $230 million project to build an open access network that will reach 17 Alabama cities, including Selma and Demopolis. It aims to eventually cover 53,000 homes and businesses in partnership with Yellowhammer Networks, a fiber-to-the-premises network developer that’s financed by Meridiam. This is far from Meridiam’s first time riding in the broadband infrastructure rodeo.

Visionary Broadband Acquires Aristata Communications

Visionary Broadband—a provider of high-speed internet service to communities in the rural West including Colorado, Wyoming and Montana—announced the acquisition of Aristata Communications. Aristata CEO Carlin Walsh said the acquisition will provide Aristata access to capital to upgrade aging and outdated infrastructure in order to provide its current and future customers with reliable high-speed internet they need and deserve. Aristata has long used Visionary’s dual-routed network to reach the internet and observed Visionary’s technical and operational abilities during that time.

Court Tosses $1 Billion Verdict Against Cox Communications for Music Piracy

A federal appeals court tossed a $1 billion verdict won by music publishers against Cox Communications, ordering a new trial on how much the internet provider should owe in damages for illegal downloads by its customers. The case stems from a 2018 copyright-infringement lawsuit filed by leading record companies and music publishers, including Sony, Universal Music and Warner Music.

Shouldn’t Broadband Mapping Data Belong to the Public?

My biggest pet peeve about the Federal Communications Commission's mapping is that the agency made the decision to give power over the mapping and map challenge process to CostQuest, an outside commercial vendor. The FCC originally awarded CostQuest $44.9 million to create the broadband maps. Many people think that was an exorbitant amount, but if this was the end of the mapping story, fine.

Fixed Wireless Mergers & Acquisitions: One Texas Provider Acquires Another

Sago Internet, based in Medina County (TX) has acquired Somerset, TX-based ClearBadger LLC for an undisclosed price. Sago Internet was founded in 2021 by Medina County residents. It was formed as a fixed wireless provider, but apparently is branching out into fiber, as the company noted that it plans to expand its wireless and fiber internet services.

Gigapower CEO says open access network is ‘picking up speed’ as joint venture expands to NM

Just over a year has passed since AT&T and asset management firm BlackRock formed Gigapower, a joint venture (JV) that’s providing a wholesale open access fiber network to AT&T’s out-of-footprint territory. Gigapower announced plans to build in Albuquerque, New Mexico. CEO Bill Hogg said the JV is currently constructing networks in five states; Alabama, Arizona, Florida, Nevada and Pennsylvania. AT&T, which is serving as Gigapower’s anchor tenant, is offering service on the network in Arizona, Florida and Nevada.

Consumer groups seek unlocked phone condition as part of T-Mobile/Mint deal

Consumer advocates want the Federal Communications Commission (FCC) to impose a phone unlocking condition on T-Mobile’s proposed acquisition of Mint Mobile, the operator made famous by part owner Ryan Reynolds. T-Mobile struck an agreement in 2023 with Ka’ena Corporation to acquire Mint Mobile and its affiliate brands, Ultra Mobile and Plum, for up to $1.35 billion.

Gigapower CEO Sees an Exciting Six Months Ahead: Remember Those 1.5M Locations They Promised?

It’s been over a year since AT&T and investment firm Blackrock established their Gigapower joint venture to build open access fiber networks and set a goal of reaching 1.5 million locations within 18 months. Until now, the company has made relatively few moves on that front.

Consolidated shareholders approve private equity acquisition

Consolidated Communications is one step closer to taking its company private, as shareholders approved the proposed $3.1 billion acquisition by Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI). Approximately 75% of Consolidated’s shareholders voted yes on the private equity deal, which is expected to close by the first quarter of 2025.