Happy New Year! It’s that time again to take stock of the M&A landscape in the world of network operators. Which US network operators do you think are most likely to get bought this year? Last time, before the pandemic turned the world upside down, of the top 10 we got only two partials: GTT (its mostly European infrastructure division) and Uniti Fiber (which sold a piece of its Midwestern business to Macquarie). But to be fair, not all that many substantial deals were done. Who is likely to be selling this year? (Not including already pending transactions).
I’ll follow up in a week or so with my thoughts on your thoughts. In a day or two we’ll ask the question on the other side of the coin, i.e. “Who is most likely to be buying other network operators this year?”.
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Logix is a regional carrier in the South US. They’re positioned to sell and have been trying to sell for years.
I agree with you, Logix is not a bad option!
I can think of some companies who would be a good fit for them
Crown Castle’s Fiber Group has been an absolute disaster from the start, poor leadership from Jay Brown and equally poor sales leadership. Elliott Mgt Group wants their ROI and the recent changes on the board and several hundred CC employees downsized won’t get them there.