All in Mergers & Acquisitions

Kansas Rural Communications Service Provider Epic Touch To Purchase Louisiana Communications Providers

Kansas rural communications service provider Epic Touch Co., Inc. has entered into an agreement to purchase CP-TEL Holdings, Inc., the sole direct owner of Louisiana communications service providers Campti-Pleasant Hill Telephone Co., Inc. and CP-TEL Network Services, Inc.

FCC Approves Transaction Involving Cost-Based and A-CAM Rate-of-Return Companies

The FCC has approved the transfer of control of ComSouth Corporation to Hargray Communications Group, Inc. The transaction involves high-cost universal service fund support provided under two different mechanisms – one fixed and one cost-based. Because the FCC found this situation raises cost shifting concerns that could unfairly increase USF support, it approved the transaction subject to a condition intended to prevent such a result.