|By Marketwired .||
|November 28, 2012 05:16 PM EST||
MISSOULA, MT -- (Marketwire) -- 11/28/12 -- Blackfoot Telecommunications Group (Blackfoot) today announced it has entered into an agreement to acquire Fremont Telcom Co. (Fremont) and Fretel Communications, LLC (Fretel), which are both part of FairPoint Communications, a publicly traded service provider headquartered in Charlotte, NC (NASDAQ: FRP).
Fremont and Fretel, collectively known as FairPoint Idaho, provide data and voice for thousands of local homes and businesses. The expanded network will bring innovative technology products and services from Blackfoot's successful IP network to the doorstep of eastern Idaho customers and nearby communities.
"We welcome the opportunity to serve our neighbor state. As a locally owned business, we understand the value of our strong customer relationships in western Montana and are eager to earn the same trust in Idaho," said Bill Squires, Blackfoot's chief executive officer.
Squires continued, "We believe the stability of our top tier IP network adds significant value to eastern Idaho. It will improve the area's ability to attract new businesses while giving owners and residents more service options to meet their growing communications needs. Through our advanced wireless and fiber connectivity, Blackfoot can offer a new world of more competitive products and services to the region."
This expansion is part of the company's "Smart Growth" initiative and is the shared vision between Blackfoot's board of trustees and Blackfoot's executive team to become the region's technology leader.
Overall, the acquisition adds 5,400 business and residential customers to Blackfoot's growing network, boosting its high-capacity fiber backbone by 25 percent across 8,500 square miles in both states. It also includes a minority investment in Syringa Networks, LLC, which is a rapidly growing fiber transport and related services business.
The sale is expected to close in early 2013, pending approval by the Federal Communications Commission (FCC). The process of integrating employees as well as Fremont and Fretel customers into the Blackfoot family of companies will begin immediately thereafter.
Currently, Fretel serves Idaho Falls, the largest city in eastern Idaho, and Rexburg, which is home to Brigham Young University-Idaho (BYU-I) formerly known as Rick's College, the largest private university in the state. Fremont serves St. Anthony, Teton, Ashton and Island Park. Using its fiber-based strategy, Blackfoot will also seek expansion opportunities south to Pocatello, Idaho's fifth largest city.
Tom Eggensperger, Blackfoot's board president, said, "Blackfoot has been a cornerstone in western Montana since 1954. As board president, I'm pleased with Blackfoot's progress as an innovative leader. As a cooperative resident and business owner, I believe these new neighboring communities will appreciate Blackfoot's solid reputation and outstanding commitment as a community friend and supporter."
Joel Block, Blackfoot's vice president of customer care and marketing added, "For eight consecutive years, Blackfoot has earned stellar customer satisfaction ratings for both its residential and business services. We're a high-tech, high-touch company and take pride in maintaining an unparalleled customer care group and one of the largest teams of technical support experts in the region."
This acquisition is Blackfoot's third smart growth initiative this year. In early 2012, Blackfoot purchased Modwest, a local web hosting company, and is currently acquiring Cutthroat Communications, a communications services provider offering wireless and fiber optic technologies, which is expected to close by the end of 2012. Another thriving expansion occurred in the late 1990s when Blackfoot purchased nine rural exchanges from U.S. West, Inc. (now CenturyLink). Within two years, Blackfoot fully upgraded all outdated U.S. West systems, bringing the most advanced communications services to rural businesses and consumers in Western Montana.
"We're pleased to be in a position to build on the success of these past acquisitions which enables us to offer our exceptional products and services to our neighbors in eastern Idaho," said Squires.
Blackfoot Telecommunications Group (Blackfoot) offers advanced telecommunications solutions to customers in Western Montana including voice, data, IT and security services. Named after the Blackfoot River running through much of the territory it serves, Blackfoot was originally established in 1954 as Blackfoot Telephone Cooperative and is headquartered in Missoula, Montana. Today, the Blackfoot family of companies include Blackfoot Telephone Cooperative -- a member-owned cooperative; Blackfoot Communications -- a competitive local exchange company; and TeleSphere Software, Inc. a wholly-owned subsidiary offering professional services to the telecom industry. Read about Blackfoot products and services at www.blackfoot.com. Learn about Blackfoot in our communities on Facebook at www.facebook.com/BlackfootTelecomm.
FairPoint Communications, Inc. (NASDAQ: FRP) is a leading communications provider of broadband Internet access, local and long-distance phone, television and other high-capacity data services to customers in communities across 17 states. Additional information about FairPoint products and services is available at www.FairPoint.com. You can also connect with FairPoint on Twitter (http://www.twitter.com/fairpoint) and Facebook (http://www.facebook.com/myfairpoint).
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
May. 27, 2016 12:00 PM EDT Reads: 2,206
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
May. 27, 2016 10:45 AM EDT Reads: 2,150
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
May. 27, 2016 10:30 AM EDT Reads: 2,184
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
May. 27, 2016 10:00 AM EDT Reads: 3,093
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
May. 27, 2016 10:00 AM EDT Reads: 1,291
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 27, 2016 10:00 AM EDT Reads: 2,317
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 27, 2016 10:00 AM EDT Reads: 2,382
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 27, 2016 09:45 AM EDT Reads: 1,045
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
May. 27, 2016 09:00 AM EDT Reads: 1,960
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 27, 2016 09:00 AM EDT Reads: 1,886
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
May. 27, 2016 08:45 AM EDT Reads: 1,118
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
May. 27, 2016 08:00 AM EDT Reads: 2,367
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
May. 27, 2016 07:45 AM EDT Reads: 1,925
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
May. 27, 2016 07:00 AM EDT Reads: 1,278
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 27, 2016 06:45 AM EDT Reads: 2,120
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
May. 27, 2016 06:15 AM EDT Reads: 2,528
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
May. 27, 2016 05:15 AM EDT Reads: 2,490
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
May. 27, 2016 05:00 AM EDT Reads: 725
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
May. 27, 2016 04:45 AM EDT Reads: 3,137
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
May. 27, 2016 01:30 AM EDT Reads: 1,977