Blog Post

TDS Telecom’s parent company is buying BendBroadband for $261M

Telephone and Data Systems, Inc. has agreed to acquire BendBroadband, a broadband and data center provider in Bend, Oregon for $261 million. BendBroadband is a cable provider that offers data center operations, 100Mbps broadband service, and also offered a wireless broadband offering for rural areas that is now discontinued. It had revenue of $70 million in 2013. Given the spirit of experimentation around rural broadband, and a need for new services, I expect this market to see more deals in the coming year. Last year, TDS purchased Baja Broadband, a regional provider in the Southwestern U.S.