Tucows' Ting Internet Acquires Simply Bits
October 18, 2021
Tucows, through its Ting Internet subsidiary, signed a definitive agreement to acquire Simply Bits, a fixed wireless and small fiber internet provider headquartered in Tucson, Arizona. The deal adds ~4,500 customers and 1,100 square miles of fixed wireless network to Ting's footprint, accelerates entry into Southern Arizona, and will retain Simply Bits employees and senior management; the transaction was expected to close in Q4 2021 subject to customary approvals.
- Buyers
- Tucows Inc., Ting Internet
- Targets
- Simply Bits
- Industry
- Telecommunications
- Location
- Arizona, United States
- Transaction Type
- Buyout
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