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What is Choice One Communications mean?
One Communications is a Burlington, Massachusetts-based CLEC providing Telecommunications services to commercial entities. Company was formally established on July 3, 2006 as the result of a merger between CTC Communications and Choice One Communications along with their acquisition of Conversent Communications.
On December 20, 2010 Earthlink (Earthlink has since been acquired by Windstream) announced that it will acquire One Communications for $370 million, which includes payment of approximately $285 million of One Comm net debt. According to their press release the acquisition will provide EarthLink with:
a strong IP network footprint in the Northeast, Midwest, and Mid Atlantic regions;overlapping connection cities with EarthLink Business (formerly Deltacom & New Edge Networks) long-haul routes in major markets including Washington, D.C., Baltimore, Philadelphia and New York City;geographical expansion and scale for managed IP services product strategy supported by a talented One Comm employee base; anda solid foundation for potential future acquisitions of revenue bases in the region.On April 1, 2011, Earthlink announced that it had completed the acquisition of One Communications. Following the close of the transaction, EarthLink will integrate One Comm into its "EarthLink Business" division.
referencePosted on 03 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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