GFM Network News


NYC equity firm to buy Xplornet

New investment expected to speed up rural broadband rollouts

A Manhattan private equity firm deep in “middle-market infrastructure” has committed to buy, and help improve service from, Canada’s single biggest rural broadband provider. New Brunswick-based, privately held Xplornet Communications announced Thursday it has signed a deal to sell majority control itself to Stonepeak Infrastructure Partners. The two companies’ announcement didn’t put a dollar figure […] Read more