1. Monthly archive
  2. April 2021

April 2021

Cox To Buy Segra’s Commercial Fiber Business

Cox has agreed to purchase the commercial enterprise and carrier business of fiber company Segra from private equity company EQT Infrastructure. Terms of the deal were not disclosed, although some published reports put the value of the deal at around $3 billion. Segra, based in Charlotte (NC), is one of the largest privately-held infrastructure providers in the country. As part of the deal, EQT will retain Segra’s residential and small-to-medium sized business segment in Virginia and North Carolina.

President Biden wants local governments to provide broadband internet. Could they compete with Comcast and Verizon?

President Joe Biden's infrastructure plan has renewed debate over whether municipal broadband makes the internet more affordable and accessible. Advocates, including Democrats in Washington, argue that public networks give internet titans like Philadelphia-based Comcast Corp. and Verizon Communications Inc. much needed competition. That would drive down prices and create more options. But critics, including Republican lawmakers and the cable industry, say the taxpayer-funded networks are unfair competition, discourage private investment, and are ill-equipped to keep pace with technology.

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