Charter Communications to Combine with Cox Communications in $34.5B Deal

Charter Communications to Acquire Liberty Broadband in All-Stock Transaction

November 13, 2024

Telecommunications

Charter Communications, Inc. has entered into a definitive agreement to acquire Liberty Broadband Corporation in an all-stock transaction. The deal is expected to close on June 30, 2027, subject to customary conditions and Liberty’s planned spin-off of its GCI business prior to closing.

Verizon Communications to Acquire Frontier Communications Parent in $20B All-Cash Deal

September 5, 2024

Telecommunications

Verizon Communications Inc. has entered into a definitive agreement to acquire Frontier Communications Parent, Inc. in an all-cash transaction valued at approximately $20 billion. The deal is expected to expand Verizon’s fiber footprint nationwide and integrate Frontier’s fiber network into Verizon’s Fios and broader fiber/wireless portfolio.

Cox Communications Acquires Segra's Commercial Services Business from EQT Infrastructure

April 27, 2021

Telecommunications

Cox Communications has acquired the commercial services business of Segra from EQT Infrastructure (EQT Infrastructure III fund), a divestiture that expands Cox's fiber footprint and enterprise/carrier offerings across the Mid-Atlantic and Southeast. EQT will retain Segra's residential and SMB operations (Lumos Networks and NorthState) and plans to accelerate FTTP buildout; Segra's commercial unit will operate as a stand-alone business within Cox with existing management retained.

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.

Cox Communications Acquires Remaining Interest in Unite Private Networks

July 6, 2023

Telecommunications

Cox Communications agreed to acquire the remaining ownership stake in Unite Private Networks (UPN) from Ridgemont Equity Partners, completing the deal in July 2023. UPN will be combined with Cox-owned Segra to form a new standalone commercial fiber company that expands Cox's fiber footprint and commercial services for enterprise, education and government customers.

Rogers Communications Acquires Shaw Communications

March 15, 2021

Telecommunications

Rogers Communications agreed to acquire all outstanding Class A and Class B shares of Shaw Communications in a transaction valued at approximately $26 billion (including Shaw debt), paying $40.50 per share in cash (with a portion of consideration to the Shaw family in Rogers shares). The deal, supported by the Shaw family, is intended to create a national network, accelerate 5G rollout and drive significant investments and job creation in Western Canada.