M&A Deal Summary

NTELOS Holdings Acquires One Communications - FiberNet Business

On July 20, 2010, NTELOS Holdings acquired communications company One Communications - FiberNet Business from One Communications for 170M USD

Acquisition Highlights
  • This is NTELOS Holdings’ 1st transaction in the Communications sector.
  • This is NTELOS Holdings’ largest (disclosed) transaction.
  • This is NTELOS Holdings’ 1st transaction in the United States.

M&A Deal Summary
Date 2010-07-20
Target One Communications - FiberNet Business
Sector Communications
Buyer(s) NTELOS Holdings
Sellers(s) One Communications
Deal Type Divestiture
Deal Value 170M USD

Target

One Communications - FiberNet Business

United States
The FiberNet fiber optic network of approximately 3,500 route miles covers all of West Virginia and extends into surrounding areas in Ohio, Maryland, Pennsylvania, Virginia and Kentucky.

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Buyer(S) 1

Buyer

NTELOS Holdings

Waynesboro, Virginia, United States

website

Category Company
Founded 1897
Sector Communications
Employees854
Revenue 487M USD (2014)
DESCRIPTION

NTELOS Holdings Corp. is an integrated communications provider including wireless phone service, local and long distance telephone services, high capacity transport, data and voice services for Internet access and wide area networking and IPTV-based video services.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-02 Segra

Charlotte, North Carolina, United States

Segra is a provider of mission-critical connectivity solutions over a fiber-based network. Representing a successful combination of Lumos Networks and Spirit Communications. Segra provides Ethernet, MPLS, dark fiber, advanced data center services, IP and managed services, voice and cloud solutions, all backed by its industry-leading service and reliability. Segra is headquartered in Charlotte, North Carolina.

Sell -

Seller(S) 1

SELLER

One Communications

Burlington, Massachusetts, United States
Category Company
Founded 1998
Sector Communications
DESCRIPTION

One Communications is a multi-regional integrated telecommunications solutions provider in the United States – serving small and mid-sized business customers in 18 states across the Northeast, Mid-Atlantic and Upper Midwest, plus the District of Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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