Fixed Wireless M&A News and Deal Tracker

Fixed Wireless M&A News

Perhaps the only constant in the fixed wireless industry is that it’s always changing 🙂 For example, the COVID-19 pandemic has caused a dramatic surge in internet traffic for all providers, while the expansion of 5G and other access technologies promise to take the industry and broadband internet access to new heights.

A recent WISPA survey revealed significant industry changes related to the pandemic. For example, average download traffic increased by over 40% during peak times compared to the pre-pandemic era. Many WISPs also reported an increase in customers and demand for higher speed packages, leading to increased revenue. Additionally, access to new billion-dollar government funding programs has local and regional WISPs aiming for significant growth.

With all this change and constant activity, it’s sometimes difficult to keep track of everything that’s going on in the WISP world. So we’ve decided to make life easy for you!

Introducing Preseem’s Fixed Wireless M&A Tracker

Our aim with this tracker is to monitor the latest developments in the fixed wireless industry when it comes to mergers, acquisitions, and investments. We hope that this information will be of value to not only fixed wireless operators but also to mainstream media and consumers interested in learning more about WISPs and the industry in general. After all, WISPs perform a critical role in bridging the digital divide in America and around the world.

Our fixed wireless M&A tracker has three parts:

  • Fixed wireless operators M&A deals
  • Industry vendors / manufacturers & supplier deals
  • Investment firms and banking news

Fixed Wireless Operators M&A Deals:

BuyerTargetTarget City / State / TerritoryMonthAdditional Deal Information
XplornetFull Throttle NetworksManitobaApril 2022Xplornet acquires 1,600 customers in the deal.
Access CommunicationsKRAKRSaskatchewanFebruary 2022Access adds 70 towers with the acquisition.
Hunter CommunicationsOnline NW, XS MediaOregonJanuary 2022Financial terms not disclosed but this will allow Hunter to expand broadband internet services throughout Oregon.
Hilliary CommunicationsSWOI Wireless, Southwest Oklahoma Telephone CompanyOklahomaJanuary 2022Hilliary supports customers in OK, TX and IA. These acquisitions add 3,000 subscribers to their platform.
2degreesOrconNew ZealandJanuary 2022In this $1.7B deal, the new combined company will serve more than 1.8M customers across NZ.
IdeaTek TelcomSWKO, Inc.Liberal, KansasNovember 2021Terms of the deal were not disclosed.
Field Solutions HoldingsTasmaNetAustraliaNovember 2021This $13M acquisition will help FSG's plan to build 16 new networks over the next 2 years.
TingSimply BitsTucson, ArizonaOctober 2021Ting will acquire Simply Bits' 4,500 subs and 1,100-square mile fixed wireless network.
FirstMark Horizon Acquisition Corp.StarryBoston, MAOctober 2021This merger supplies Starry with $452M in cash and an implied enterprise value of $1.6B.
Great Plains CommunicationsUSA CommunicationsNebraska and ColoradoOctober 2021Terms of the deal were not disclosed.
Pinpoint CommunicationsSpiral CommunicationsNebraskaSeptember 2021Terms of the deal were not disclosed.
Cox CommunicationsSegra (commercial services segment)Mid-Atlantic and Southeast statesSeptember 2021Acquisition does not include Segra’s fiber-to-the-premise (FTTP) residential and small-to medium-sized business segment, which EQT Infrastructure will retain ownership of.
Poka Lambro TelecommunicationsVexus FiberWest TexasAugust 2021Terms of the deal were not disclosed.
Schurz CommunicationsKnoxville Telephone Company (NKTelco)Central OhioAugust 2021Acquisition means that Schurz will become owners of NKTelco’s 4.5% investment in Com Net, an Ohio-based communications company.
Grande Communications (Astound Broadband)Harris BroadbandCentral TexasJuly 2021Acquisition adds over 6,000 customers, 12,500 homes passed, and 150 miles of fiber to Grande Communications' operations in Texas.
Zayo Group HoldingsIndiana Fiber NetworkIndianaJune 2021Acquisition adds more than 5,000 route miles of fiber to nearly 1,000 enterprise buildings in cities including Indianapolis, Fort Wayne, Columbus, Terre Haute, and South Bend.
USConnect HoldingsITC Broadband HoldingsWest Point, GeorgiaMay 2021Terms of the deal were not disclosed.
Rural Telecommunications of America, Inc. (RTA)SCT BROADBAND LLCSmithville, TexasMay 2021Acquisition adds coverage to RTA's network from outside of Austin to Houston, Texas.
Cal.netWinters BroadbandWinters, CaliforniaApril 2021Network enhancements including LTE technology, capacity improvements, and higher speed packages to be made available to customers as a result of the merger.
Altice USAMorris BroadbandWestern North CarolinaMarch 2021Acquisition adds 36,500 residential and business customers to Altice USA's network.
Cable OneHargray CommunicationsAlabama, Florida, Georgia and South CarolinaFebruary 2021Acquisition will capitalize on Hargray’s experience in fiber expansion and serve customers in 14 markets Southeastern U.S. markets.
NextLinkFuture Technologies

Affordable Internet Solutions (AIS)

Infinity 8 Broadband (I8)
Lincoln, Nebraska

Waverly, Nebraska

Hickman, Nebraska
February 2021Undisclosed amount. The three companies cover 15,000 square miles across 40 counties.
Boston Omaha Corporation (FIF Utah)Utah Broadband (UBB)Draper, Utah and nearby regionsDecember 2020UBB serves over 10,000 customers. Deal included $21.6 million paid in cash to UBB's founder & CEO as well as 20% of common membership interests of FIF Utah, valued at US$ 5.4 million.
GeoLinksTPx CommunicationsBay Area, CA and Las VegasOctober 2020Deal to only acquire network assets, including fixed wireless infrastructure and spectrum licenses.
NextLinkXtremeairCushing, IowaSeptember 2020Terms of the deal were not disclosed.
Rural Telecommunications of America, Inc. (RTA)Net3 ISPOdessa/Midland, TexasAugust 2020Terms of the deal were not disclosed.
Cable OneWisper ISP and NextLinkMascoutah, Illinois
Weatherford, Texas
August 2020Cable One acquired 40% stake in Wisper ISP and a less than 10% stake in NextLink. Both companies are CAF-II winners as well.
NextLinkNetwork Business Systems (NBS)Geneseo, IllinoisMay 2020Terms of the deal were not disclosed.
Rural Telecommunications of America, Inc. (RTA)Southern Broadband, LLC (SBB)Galveston County, TexasFebruary 2020RTA anticipates more than 10,000 new customers to be added to the SBB network
Watch CommunicationsSit-COEvansville, IndianaJanuary 2020Acquisition increased Watch's subscriber base by over 2,200 residential and enterprise customers.

Vendor / Manufacturer & Supplier Deals:

BuyerTargetIndustry/ ProductsMonth
COMSovereignRFEQUltra-high performance microwave antennas and accessoriesJuly, 2021
BCM OneSkySwitchManaged technology solutions, Unified Communications as a Service (UCaas)January, 2021
Bark TechnologiesRouter LimitsParental Controls RouterFebruary, 2020
MinimAerezManaged WiFiFebruary, 2019

Investment, Banking, & Other Acquisition News:

  • September, 2021: New Lisbon Holdings acquires Taylored Systems, a technology solutions company based in Noblesville, Indiana. More info here.
  • August, 2021: Stonepeak (investment firm) has acquired Astound Broadband, the sixth largest cable operator in the United States, for $8.1 billion. More info here.
  • July, 2021: T-Mobile and Shentel have finalized a $1.94 billion agreement for the sale of Shentel wireless assets to T-Mobile. More info here.
  • January, 2021: WeLink (startup WISP operator currently serving Las Vegas) received a $185 million investment from Digital Alpha Advisors—an investment firm tied to Cisco to expand its fixed wireless internet service into ten US cities. More info here.

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