Ownership

These Merger Guidelines identify the procedures and enforcement practices the Department of Justice and the Federal Trade Commission most often use to investigate whether mergers violate the antitrust laws. The Merger Guidelines set forth several different analytical frameworks to assist the Agencies in assessing whether a merger presents sufficient risk to warrant an enforcement action.

Consolidated Communications filed a letter to shareholders, asking them to vote for the company’s proposed acquisition by Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI).

When it comes to the technological advances that have graced our ever-expanding, ever-crowded, ever-exploitative prisons, observers rightly tend to point out the insidious panopticon they’ve enabled: sophisticated surveillance and security networks that ensnare the lives of nearly 2 million people locked up throughout the United States. But the technology that prisoners themselves use and depend on is frequently overlooked.

Comcast's complex legal battle with one of the technology vendors behind its current “10G” network upgrade has heated up, with California-based chipmaker MaxLinear countersuing the cable operator. MaxLinear claims in a December 1 New York federal court filing that Comcast stole trade secrets associated with Full Duplex DOCSIS 4.0 technology.

Many internet service providers (ISPs) who operate mature fiber networks have been recently approached to sell their businesses to buyers who want to roll up and amass multiple fiber networks into a larger business. I know fiber network owners who are being offered prices for their business that they never expected. I’ve heard of offers at a multiple in the range of twenty times adjusted earnings. High multiples are a sure sign of plans for rolling up many ISPs into a larger business.

The US Broadband Summit brought together top leaders from across the country to talk about state efforts related to the Broadband Equity, Access & Deployment (BEAD) program. Three major topics emerged from the summit — both at public sessions as well as the buzz in the hallways.

A jury ruled that Google violated antitrust laws to extract fees and limit competition from Epic Games and other developers on its Play mobile app store, in a case that could rewrite the rules on how thousands of businesses make money on Google’s smartphone operating system, Android. After deliberating for a little more than three hours, the nine-person federal jury sided with Epic Games on all 11 questions in a monthlong trial that was the latest turn in a three-year legal battle.

Buffalo (IN)-based LightStream has agreed to purchase Monon Telephone Company for an undisclosed price. The transaction is subject to regulatory approvals, which are expected to be final in the first half of 2024. The Monon acquisition would add to LightStream’s existing fiber network in White and Pulaski Counties. Customers added through the potential acquisition can add managed Wi-Fi service to their home or business, in addition to internet and phone services, Lightstream noted in an announcement of the deal.

Brightspeed’s origin story isn’t typical for the telecommunications industry, at least not for a company of its size. It all started with an investment premise that Apollo Global Management wanted to test. That premise: “If we invested in an under-invested wireline company, could we turn it into a growth company?” Apollo negotiated a deal to buy CenturyLink’s local service business in 20 states, which appeared to be an excellent place to test the premise. Only 2 to 3 percent of the footprint that Apollo bought from CenturyLink had been upgraded to fiber when the ownership was transferred.

For many years, I’ve heard people say that broadband is essential. But what exactly does that mean? Does it mean that broadband is important in a lot of people’s lives, or does it mean that broadband is something that society can’t live without? Grocery stores, gas stations, and auto repair shops could all be considered essential for society.