Tag: Broadband

Washington state’s broadband guru on an internet moonshot and being a metaphorical prom king

Russ Elliott in his man-cave COVID-19 workspace. (Photo courtesy of Russ Elliott)

When a buddy of Russ Elliott‘s asked if he’d join him in starting a telecom company, he flat out said no. While his friend had been a great help building a website he needed, the venture didn’t have any financial backing and Elliott wasn’t versed in internet connectivity.

But when his friend took the unusual step of sending him a motivational postcard — something with an iceberg and a corny message about not knowing what’s out there unless you took a risk — it played on his mind. Elliott had an MBA. He had drive. He decided to embrace the inspirational cliché.

With that, some 20 years ago Elliott helped launch what became a successful business in Colorado called Brainstorm Internet, serving as its president for 13 years.

“We were nimble and quick and had smart people on

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Mega Broadband Investments and Cable One Announce Strategic Partnership

Alliance to drive continued broadband investment in rural America

Mega Broadband Investments Holdings LLC (“MBI” or the “Company”) and Cable One, Inc. (NYSE: CABO) (“Cable One”) announced today that they have entered into a definitive agreement providing for a strategic investment by Cable One in MBI. Cable One will purchase a 45% minority stake in MBI from affiliates of GTCR LLC (“GTCR”), a leading private equity firm, for approximately $574.1 million in cash, subject to adjustment for certain new debt incurrences and transaction expenses. In addition to the minority stake it will acquire, Cable One will have the right to purchase the remaining interests in MBI at a predetermined multiple of earnings beginning in 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005755/en/

MBI was formed through a series of acquisitions, including Vyve Broadband, Northland Communications and the broadband assets of Eagle Communications. Unified today under the

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