M&A Deal Summary

TDS Telecommunications Acquires Tonaquint Networks

On November 15, 2016, TDS Telecommunications acquired communications company Tonaquint Networks from InterLinx Communications

Acquisition Highlights
  • This is TDS Telecommunications’ 2nd transaction in the Communications sector.
  • This is TDS Telecommunications’ 2nd transaction in the United States.
  • This is TDS Telecommunications’ 2nd transaction in Utah.

M&A Deal Summary

Date 2016-11-15
Target Tonaquint Networks
Sector Communications
Buyer(s) TDS Telecommunications
Sellers(s) InterLinx Communications
Deal Type Divestiture

Target

Tonaquint Networks

St. George, Utah, United States
Tonaquint Networks LLC is a provider of residential and business services via both fiber to premises and wireless internet technologies.

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Buyer(S) 1

Buyer

TDS Telecommunications

Madison, Wisconsin, United States

Category Company
Founded 1969
Sector Communications
DESCRIPTION

TDS Telecommunications Corp. is a telephone company. TDS provides 1.2 million connections to high-speed internet, phone, and TV entertainment services in more than 150 rural, suburban, and metropolitan communities.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 2 of 2
Type (Divestiture) 1 of 1
State (Utah) 2 of 2
Country (United States) 2 of 2
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 InterLinx Communications

St. George, Utah, United States

InterLinx Communications LLC is a provider of wholesale fiber connections to businesses, as well as to local ISPs and large carriers. InterLinx Communications LLC was established in 2003 and is headquartered in St. George, Utah.

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Seller(S) 1

SELLER

InterLinx Communications

St. George, Utah, United States

Category Company
Founded 2003
Sector Communications
DESCRIPTION

InterLinx Communications LLC is a provider of wholesale fiber connections to businesses, as well as to local ISPs and large carriers. InterLinx Communications LLC was established in 2003 and is headquartered in St. George, Utah.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1