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Court Square Capital Leads Major Equity Investment in Conterra Broadband

Court Square Capital Leads Major Equity Investment in Conterra Broadband

 Conterra’s CEO and Management Team Co-Invest in Transaction

March 19, 2014 – Charlotte, NC – Conterra Ultra Broadband Holdings, Inc., a national provider of infrastructure-based broadband services, today announced that it has entered into a definitive agreement through which Court Square Capital Partners—along with substantial participation by the company’s senior management team—will lead an equity investment that will result in the purchase of a majority interest in Conterra.  The transaction includes the acquisition of stakes owned by the company’s current institutional shareholders, including affiliates of Goldman Sachs, Duke Energy and GE Capital.  Terms of the transaction were not disclosed.

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Metro Connect USA 2013 – Post Event Newsletter

February, 2013 – Capacity Conferences would like to thank all of the 372 attendees, 167 companies, 13 sponsors and 12 exhibitors for giving the 13th annual Metro Connect USA such a vibrant, buzzing atmosphere.

Metroconnect

The renowned pre-event BBQ & Beers (hosted by LEVEL 3 COMMUNICATIONS) helped set the tone for the conference with great food, good beer and interesting company under the miraculously rain-free Miami sky.

The opening keynote on day one teed up discussion points echoed throughout the conference as the moderator, Fedor Smith, President at ATLANTIC-ACM navigated the threats and opportunities apparent in the metro market today.

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Conterra Broadband Services to Present at Metro Connect USA Conference

Conterra’s CEO, Steve Leeolou, Discusses Small Cell Deployment Opportunities

Charlotte, NC – February 4, 2013 –Conterra Broadband Services (“Conterra”), a national provider of high capacity, wide area network (WAN) bandwidth services specializing in underserved areas of the nation, announces that Steve Leeolou, Chief Executive Officer, will be speaking at Capacity’s Metro Connect USA 2013 Conference, taking place February 19-21, 2013 at the Eden Roc Renaissance Hotel in Miami, FL.

Steve will participate in the “Wireless Backhaul: Meeting Bandwidth Demand and Evaluating the Small Cell Opportunity” panel taking place on Thursday, February 21st at 11:30 a.m. This session will discuss how the introduction of small cells into wireless backhaul will herald a new era in backhaul deployment, and how these developments will shape the market.

Designed for C-Level executives, Capacity’s Metro Connect USA Conference brings together many of telecommunications industry’s most prominent and influential executives. This annual conference provides the forum for market leaders to share insights, network and debate industry strategies for the coming year.

To register for the Metro Connect USA Conference, click here.

Conterra Broadband Services to Offer Hosted VoIP Services

January  31, 2013 – Charlotte, NC – Conterra Broadband Services (“Conterra”), a national provider of high capacity wide area network services (WAN), announces today that it has entered into an agreement with Jive Communications which allows Conterra to offer Jive’s Hosted VoIP services to its customers and prospects.  This business relationship offers customers access to a more comprehensive suite of connectivity solutions by combining Conterra’s high quality WAN services with Jive’s Hosted VoIP Solutions.

“Hosted VoIP is becoming the standard telephony platform for E-Rate eligible institutions, such as schools and libraries.  Jive’s Hosted VoIP offering is a perfect complement to our broadband wide area network (WAN) service and allows Conterra to offer a feature rich, turnkey voice solution to our clients,” said Van Snowdon, Executive Vice President for Conterra Broadband Services.

“We are very pleased to be working with Conterra.  They have a proven track record of successfully serving their customers’ infrastructure needs,” said John Pope, CEO of Jive Communications.  “Combining our nationally recognized voice and video products with their networking capabilities will provide a cost-effective and high-value solution for public sector organizations throughout the U.S.”

The combined solution is available now to schools and libraries seeking services for E-Rate Year 16 cycle.

About Conterra Broadband Services

Conterra Broadband Services, headquartered in Charlotte, NC, is a national provider of facilities-based broadband services for K-12, healthcare and government entities, wireless and wireline carriers, and select enterprises that require bandwidth intensive, carrier-grade data, video and voice transport services primarily in underserved areas throughout America.  Conterra and its subsidiaries currently provide these services to over 1,000 K-12 schools, colleges, government and commercial sites throughout the United States, serving over one million students, teachers and administrators.  For more information about Conterra, visit www.conterra.com or call 877-365-6701.

About Jive Communications

Jive Communications, headquartered in Orem, Utah, is a leading provider of hosted VoIP and video communications to thousands of commercial, government, and educational organizations. Jive built and maintains its proprietary, cloud-based communications platform—and is one of the fastest growing companies in the Unified-Communications-as-a-Service (UCaaS) industry. For more information about Jive, visit www.getjive.com or call 888-850-3009.

Bridging the Digital Divide with Rural Broadband Access

If you’re like most Americans, you’re probably connected to the Internet upwards of 90% of the time you’re awake. You check your email on your phone before you even get out of bed — and your morning newspaper conveniently fits inside a tablet less than 10 inches tall. Chances are you haven’t had a landline in several years, either.

And you wouldn’t be alonebut just how common is this?

Of course major metropolitan areas such as Boston, New York and L.A. have vast broadband networks — but what about more rural areas? Are all Americans plugged in?

Digitally Divided

In today’s rapidly expanding technological society, many individuals are left out of the loop in the phenomenon known as the Digital Divide. This schism divides the world into haves and have-nots, or those with access to technology and those without. As the Internet and computer use begin to significantly infiltrate means of employment and commerce, those without access or the ability to use the technology effectively struggle in a modern world.

Conquering this Digital Divide is a major technical initiative of the U.S. government. By extending the reach of Internet accessibility to rural areas, the societies and school districts are strengthened and individuals are better prepared in a modern job market with an increased focus on technology.

E-Rate Program

The government E-Rate program offers financial assistance for telecommunications services to underserved school districts. They partner with industry leading broadband providers to bring high-quality Internet access to rural areas that major networks often overlook. The E-Rate program grants qualified school districts a discount of services from 20% — 90% depending on the location and the percent of students who qualify for free lunch programs.

Choosing a broadband service provider qualified for the government E-Rate program can be tricky. Search for providers dedicated to serving rural areas of America, and qualify as Priority One E-Rate Eligible Telecommunications Providers (ETP) as defined by the Federal Communications Commission and the Schools and Libraries Division of USAC. A leader in the K-12 broadband space is Conterra, an organization that has NEVER been denied E-Rate funding.

Extending your Reach

The concept of a Digital Divide does not only relate to school districts — it also deals with public and business Internet connections, as well. The same rural areas that qualify for the E-Rate program more-than-likely have subpar Internet connection for their everyday and professional usage. It’s important to align with a company that offers a variety of broadband services and solutions to fit any need.

By improving access to all underserved areas, the Digital Divide between individuals with computer knowledge/understanding and those without will decrease, giving the country and its citizens a leg-up in a growing global economy. Don’t let your rural location restrict your technological reach.