The transaction includes only fiber network assets and associated revenues. The ABS includes only the most mature portions of Surf's fiber footprint. ABS provides financing secured by only a portion of a company's total assets. Deals are typically secured with fiber assets and associated revenues. These are considered low-risk revenues, so lenders generally are willing to offer favorable terms for the borrower.
Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at $1.5 billion including Sun Country's debt, the two carriers said in a joint statement on Sunday. Sun Country's shareholders will receive 0.1557 shares of Allegiant common stock and $4.10 in cash per Sun Country share, the companies said. The offer represents a premium of 19.8% over Sun Country's closing share price on Friday, according to the statement.
Under the IQ Fiber brand, ThinkBig Networks serves Maryland customers with its original local team and a 100%-fiber-optic network. The company plans to move forward with its network deployment to additional locations across the Chesapeake Bay and Mid-Atlantic regions. According to the company, with the rebrand to IQ Fiber, former ThinkBig Networks customers will enjoy: IQ Fiber's account portal with account details, billing history, and online support tools Technical support from IQ Fiber's 24/7 in-house support team
"As Wire 3 strengthens its presence in Lake County, six communities are now on the cusp of transformation, thanks to the deployment of our future-proof network," said Jai Ramachandran, Chief Executive Officer of Wire 3. "Our local teams are proud to be building efficient, reliable, and resilient infrastructure to keep our neighbors connected, and support the growth of local businesses."
HOUSTON, Sept. 12, 2025 /PRNewswire/ - Ezee Fiber, a Houston-based fiber internet provider wholly owned by I Squared Capital, today announced it has closed on its previously-announced agreement to acquire Tachus Fiber Internet, based in The Woodlands, Texas. This move broadens Ezee Fiber's service footprint across communities of Greater Houston, including in fast growing northern metro areas. "The combined talents of our new organization are well-positioned to accelerate the growth of our award-winning fiber service for homes, businesses, and institutions across Greater Houston,"