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nTelos completes FiberNet acquisition

Published on December 6, 2010 By Don

By wrapping up its acquisition of FiberNet from CLEC One Communications, nTelos (NASDAQ: NTLS) now becomes West Virginia’s largest service provider behind Frontier Communications (NYSE: FTR).
With the acquisition of FiberNet in the can, nTelos not only…

nTelos FiberNet acquisition faces opposition from Frontier

Published on August 18, 2010 By Don

The ink may be barely dry on nTelos’ (NASDAQ: NTLS) bid to acquire competitive provider FiberNet in its West Virginia home state, but already incumbent carrier Frontier (NYSE: FTR) wants conditions placed on the deal. When Frontier wrapped its acquisition of Verizon’s rural lines in July, it not only became West Virginia’s largest service provider [...]

Frontier imposes mandated overtime to address Verizon line issues

Published on July 29, 2010 By Don

Frontier’s (NYSE: FTR) mandate that union employees in its West Virginia have to work an average 70 hours work week to resolve lingering network and service issues is likely a move by the service provider to avoid the pitfalls that both Fairpoint (Other OTC: FRCMQ.PK) and Hawaiian Telecom faced after they purchased Verizon’s (NYSE:VZ) lines. West [...]

NTELOS buys FiberNet from One Communications

Published on July 21, 2010 By Don

NTELOS (NASDAQ: NTLS), a regional integrated wireless/wireline operator in West Virginia, is the victor in the race to acquire One Communications’ FiberNet business for about $170 million. By acquiring FiberNet, NTELOS will add about 3,500 route fiber network miles that cover all of West Virginia and into surrounding areas in Ohio, Maryland, Pennsylvania, Virginia and [...]

Frontier’s West Va. transition hits snags

Published on July 12, 2010 By Don

Frontier’s (NYSE: FTR) $8.5 billion acquisition of Verizon’s (NYSE: VZ) rural phone lines, which was just completed right before the fourth of July holiday, is already posing carrier customer problems in its landmark West Virginia territory. According to a report in the Charleston Daily Mail, Frontier has been trying to keep up with a backlog [...]

FiberNet could be heading to the auction block

Published on June 24, 2010 By Don

It looks like Frontier (NYSE: FTR) isn’t the only West Va. provider making big telecom deals these days. Competitive provider FiberNet, the state’s second largest service provider, could be acquired. A report in the Charleston Daily Mail citing unnamed sources, said that FiberNet is looking for a buyer. FiberNet became a subsidiary of ONE Communications [...]