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N.H. PUC Asked to Clear Consolidated/Searchlight Deal
January 3, 2024 |State Telecom

The New Hampshire Public Utilities Commission should OK Consolidated Communications' transfer of indirect ownership and control of its northern New England and Maine subsidiaries to Condor Holdings, a subsidiary of private equity firm Searchlight, Condor and Consolidated said last week in a petition at the PUC (docket DT 23-103). The subsidiaries would continue to own their respective New Hampshire franchise, works and system after the deal is complete, it said. The agreement wouldn't “involve the transfer of the [Consolidated subsidiaries] to a new utility but instead is structured as a change of ownership at the holding company level and will not affect any of the operations or legal identities of the [subsidiaries].”

Mississippi Proposes Broadband Awards
January 2, 2024 |State Telecom

The Office of Broadband Expansion and Accessibility of Mississippi (BEAM) on Friday unveiled its decisions on an initial round of funding from the U.S. Treasury Department’s Coronavirus Capital Projects Fund. BEAM asked for public comments or objections through Jan. 22. The office proposed awards of more than $112 million to 66,328 “eligible locations” throughout the state.