High placed sources, speaking on condition of anonymity, have confirmed that Veracity has pulled out of the merger with Broadweave and that Sorenson Capital may have withdrawn financial backing as a result. The 60-day delay cited by Broadweave in the papers is rumored to be buying time to find new… Continue reading
An anonymous tipster raised a lot of good points concerning the transfer of customers from Mstar to Broadweave. There's less than three weeks left until the planned cutover, yet customers haven't been getting written notice of such. Despite intense media coverage and multiple public hearings, many customers could be left… Continue reading
As usual, David Rodeback is on top of the AFCNet situation in American Fork. According to him, Surpha will buy AFCNet for $500,000 and make interest-only payments for the network with a goal to pay it off by the end of 2012. They'll lease fiber capacity from the city from… Continue reading
Remember the reports back in September that American Fork was negotiating the sale of their municipal broadband network to Surpha of Orem? According to a post at LocalCommentary.com, those negotiations are about to bear fruit. According to David Rodeback, Surpha has become an ISP on the network and has acquired… Continue reading
This morning, an inside source disclosed the fate of the existing iProvo retailers. According to this source, Broadweave plans to announce on Thursday that they will be buying out the customer lists from MSTAR, Veracity and Nuvont to become the sole retailer on the network. This move comes as MSTAR… Continue reading