Searchlight-Led Investor Group Acquires Frontier's Northwest Operations to Form Ziply Fiber

BCE (Bell) Acquires Ziply Fiber

November 6, 2024

Telecommunications

BCE Inc. (Bell Canada) has completed the acquisition of Ziply Fiber (Northwest Fiber Holdco, LLC) for C$5.0 billion in cash plus the assumption of approximately C$2.6 billion of net debt. The deal expands Bell's fibre footprint into the U.S. (adding ~1.3–1.4 million locations), leaves Ziply operating as a separate unit headquartered in Kirkland, Washington, and is paired with a strategic partnership with PSP Investments to accelerate U.S. fibre deployment.

Searchlight Capital Partners Invests in Mainstream Fiber Networks

October 30, 2023

Telecommunications

Searchlight Capital Partners has made a strategic growth investment in Mainstream Fiber Networks to accelerate the Indiana-based fiber ISP's expansion into unserved and underserved rural communities. The capital will support Mainstream's buildout of next-generation fiber across the state, leveraging existing grant relationships and aiming to connect hundreds of thousands of homes and businesses.

Searchlight Capital and BCI to Acquire Consolidated Communications for $3.1 Billion

November 20, 2024

Telecommunications

Affiliates of private equity firm Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI) will acquire Consolidated Communications Holdings, Inc. in an all-cash transaction valuing the company at approximately $3.1 billion including assumed debt. The deal, which was approved by the Vermont Public Utility Commission and previously by Consolidated shareholders, will take the Mattoon, Illinois–based fiber and landline provider private to provide greater flexibility to execute its fiber expansion strategy, subject to remaining federal approvals.

Searchlight Capital Partners and Simple Broadband Invest in All Points Broadband

July 6, 2021

Telecommunications

Searchlight Capital Partners, together with Simple Broadband LLC, made a strategic growth investment in All Points Broadband to accelerate the Virginia- and mid‑Atlantic-focused ISP's fiber-to-the-home and fixed wireless expansion. The capital will support All Points Broadband's initiative to scale rural FTTH buildouts through partnerships with electric utilities and local communities to bridge the digital divide.

Verizon to Acquire Frontier Communications

September 5, 2024

Telecommunications

Verizon Communications Inc. agreed to acquire Frontier Communications Parent, Inc. in an all-cash transaction valued at approximately $20 billion. The deal will expand Verizon's fiber footprint by adding Frontier's nationwide fiber network and 2.2 million fiber subscribers, enhancing Verizon's ability to deliver broadband, mobility and intelligent-edge services across more U.S. markets.

SLICFiber Acquires Westelcom to Expand Fiber Network Capacity

May 1, 2025

Telecommunications

SLICFiber has completed the acquisition and integration of Westelcom, resulting in a major network upgrade that increased capacity by up to tenfold and improved redundancy across Upstate New York. The combined 100% fiber network now offers faster, more reliable service with private cloud connections to Microsoft, Amazon, and Google, supporting residential, business and institutional customers across the region.