A bit of M&A, two vendor deployments, and a reason not to move:
Cable ONE has made another inorganic move out in the Midwest and central South. The cable MSO has entered into an agreement to buy Fidelity Communications for $525.9M in cash. Missouri-based Fidelity provides similar services across cable franchises in Arkansas, Illinois, Louisiana, Missouri Oklahoma, and Texas. Last fall Cable ONE also announced the purchase of Clearwave out in southern Illinois.
Fujitsu has won a convert in the data center interconnection space. West Corporation has deployed the company’s 1FINITY hardware and Virtuora software platforms on a live 200G DCI network hooking up facilities in Atlanta, Dallas, Denver, and Phoenix. It’s an expansion of an existing relationship between the two, and will help simplify West’s network operations.
Calix has announced a new partner for its AXOS E87-2 hardware and related offerings. The Kansas-based network provider IdeaTek is using Calix’s gear to upgrade the bandwidth and services it brings to market. IdeaTek serves rural communities across canvas, leveraging E-Rate and CAF-II to build out connectivity to everything from consumers and farms through local colleges, hospitals, and sports organizations.
And Louisiana has convinced CenturyLink to hang around a while. The two announced an agreement keeping the company’s headquarters in Monroe, Louisiana through at least 2025. The arrangement protects some 2,000 jobs in the state and its I-20 Cyber Corridor and will see some $2M in education grants to Louisiana Tech and other colleges to support IT and STEM education.
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Categories: Cable · Mergers and Acquisitions · Metro fiber · Telecom Equipment
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What is the opportunity cost in lost talent when trying to attract them to move to Monroe, LA?
I don’t think they are doing much recruiting that involves asking folks to relocate to Monroe. Biggest employment base is Colorado.