EarthLink agreed to acquire One Communications for $370 million.
One Comm, which is based in Burlington, Massachusetts, is a privately held, multi-regional integrated telecommunications solutions provider. The company serves approximately 113,000 small and mid-sized business customers in 17 states across the Northeast, Mid-Atlantic and Upper Midwest, including the major metropolitan markets of Boston, New York, Philadelphia, Baltimore and the District of Columbia.
One Comm's network consists of 629 collocations, connected by more than 11,700 route miles of fiber.
EarthLink plans to integrate One Comm into its newly established EarthLink Business division, which currently consists of products and capabilities of its former New Edge Network, Deltacom and EarthLink Business Solutions divisions.
EarthLink said its recent mergers, including this one, will give it nationwide IP network with underlying fiber assets in 30 of the top 50 MSAs in the country. The combined fiber network will span approximately 28,000 route miles across 27 states, with 923 collocations, 55 IP and circuit-based switches and 68 metro fiber rings. With the addition of One Comm, EarthLink will have nearly 3,500 employees nationwide.
http://www.earthlink.com
- Earlier this month, EarthLink completed its previously announced acquisition of ITC^DeltaCom, a leading provider of integrated communications services to customers in the southeastern United States, in a transaction valued at approximately $524 million. Under the deal, ITC^DeltaCom (Deltacom) stockholders received $3.00 in cash per each share of Deltacom common stock in the transaction.
EarthLink will now begin integrating its New Edge Networks and EarthLink Business Services operations with Deltacom and will market the combined services under the 'EarthLink Business' brand name.
Deltacom operates a 16,400 mile fiber optic infrastructure in the Southeast – over 75% of which is owned or controlled under Indefeasible Right of Use (IRU) agreements – including a 14-state SONET backbone with 35 metro fiber rings, 294 collocations and 20 voice and data switches. Deltacom currently serves over 32,000 small and mid-size businesses, multi-location enterprises, government agencies and wholesale customers in the southeast with services including MPLS and IP.
