Commnet Broadband Acquires Sacred Wind Enterprises
July 27, 2022
Commnet Broadband, a regional bandwidth infrastructure owner and operator and wholly owned subsidiary of ATN International, will acquire Sacred Wind Enterprises, a privately owned rural telecommunications provider in New Mexico. The deal is intended to expand Commnet’s infrastructure reach and broadband services in the rural Southwest, and includes FCC and other approvals before closing. A later update states the acquisition has been completed.
- Buyers
- Commnet Broadband, ATN International, Inc. (NASDAQ: ATNI)
- Targets
- Sacred Wind Enterprises
- Industry
- Telecommunications
- Location
- New Mexico, United States
- Transaction Type
- Buyout
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