June was a wild month in the channel, with news flying at us from the right, left and down the middle.
What was hot? Longtime channel vet Blake Wetzel parted ways with Rackspace. CenturyLink was blasted with a $12 billion lawsuit. Synnex made a bold move in buying Westcon-Comstor. But there’s more …
What was No. 1? Click through our gallery to find out!
Looking for more top stories? Click here to see our most-read posts in May.
Charter Communications reportedly rejected a buyout offer by Verizon valued at more than $100 billion. Verizon made the buyout offer in recent months, the New York Post said, citing anonymous sources.
Charter turned down the telco’s bid because it was too low, and Charter and its largest shareholder, Liberty Media, weren’t ready to sell, the report said. Neither company commented on the rumor.
He reportedly told telecom and technology leaders he will fight government regulations they consider too strict, as well as barriers to investment in technology and network infrastructure.
“As a company that deploys infrastructure for the benefit of anchor institutions, businesses and consumers,” said CenturyLink spokesperson Linda Johnson, “we are supportive of the direction the administration and the FCC (Federal Communications Commission) are taking in removing regulatory and other barriers to innovation through technology and broadband availability.”
Click here to learn what Verizon said about the meeting.