View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 6, 2009

KeyOn aquires assets of SkyWi

To complement its network footprint in North Central Texas

By CBR Staff Writer

KeyOn Communications Holdings, a provider of wireless broadband, satellite video and voice over Internet protocol (VoIP) services in the US, closed the acquisition of the assets of SkyWi, which include network assets and wireless broadband subscribers located in North Central Texas.

The acquisition is the company’s first under its Rural UniFi program, an acquisition initiative announced in September 2009.

KeyOn Communications said that they have begun to create a rural communications company, as they have completed the first acquisition under the Rural UniFi program. Its management anticipates SkyWi to contribute over $300,000 of revenues and approximately $150,000 in EBITDA in 2010.

Jonathan Snyder, chief executive officer of KeyOn, said: “We believe that combining similarly situated operators will bring greater scale for the industry resulting in better purchasing power for KeyOn and also an ability to attract significant capital and top-tier technology partners to rural communities.

Content from our partners
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system
How tech leaders can keep energy costs down and meet efficiency goals

“In this way, we can both accelerate rural broadband adoption and expedite the delivery of next-generation services. KeyOn is excited to be at the forefront on this consolidation effort and we expect to announce many more participants in the initiative.”

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.