M&A Deal Summary

Fastwyre Broadband Acquires Mound Telephone

On September 19, 2022, Fastwyre Broadband acquired communications company Mound Telephone

Acquisition Highlights
  • This is Fastwyre Broadband’s 1st transaction in the Communications sector.
  • This is Fastwyre Broadband’s 1st transaction in the United States.
  • This is Fastwyre Broadband’s 1st transaction in Alabama.

M&A Deal Summary

Date 2022-09-19
Target Mound Telephone
Sector Communications
Buyer(s) Fastwyre Broadband
Deal Type Add-on Acquisition
Advisor(s) Wilkerson & Bryan (Legal)

Target

Mound Telephone

Moundville, Alabama, United States
Mound Telephone is a telecommunications provider based in Moundville, Alabama.

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Buyer(S) 1

Buyer

Fastwyre Broadband

Sulphur, Louisiana, United States

Category Company
Sector Communications
DESCRIPTION

Fastwyre Broadband provides broadband services for Rural America. Its operating telcos provide phone access lines, video and broadband service to customers in rural communities in Nebraska, Missouri, Alaska, Louisiana, and Texas. The Company's operating brands include American Broadband, Cameron Communications, and TelAlaska. Fastwyre Broadband is based in Sulphur, Louisiana.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1