Broadview Networks Holdings Inc. has closed its acquisition of InfoHighway Communications Corp.
The deal was announced in February and was finalized May 31. Terms were not disclosed as both providers are privately held.
Together InfoHighway and Broadview form a $500 million CLEC. That puts the new company just behind northeast U.S. rivals such as One Communications, which last year boasted $800 million in revenue, and PAETEC Holding Corp., now a publicly traded company thanks to its merger with US LEC, reporting around $1 billion in annual revenue.
"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC