TelCove was a medium-sized
telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than tha ...
based in
Coudersport, Pennsylvania. TelCove was originally known as Hyperion. It later changed its name to Adelphia Business Solutions, but it changed its name again after internal corruption forced the parent company,
Adelphia, to file for bankruptcy. TelCove was once known as Adelphia Business Solutions and was part of Adelphia Communications. Since 2004, the company had been majority-owned by Bay Harbour Management.
In 2006, TelCove was acquired by
Level 3 Communications for US$1.2375 billion, consisting of US$637 million in shares of Level 3 common stock, US$445 million in cash and US$155.5 million in the assumption of debt.
Level 3 to Acquire TelCove
In 2017, Level 3 Communications was acquired by CenturyLink
Lumen Technologies, Inc. (formerly CenturyLink) is an American
telecommunications company headquartered in Monroe, Louisiana, that offers communications, network services, security, cloud solutions, voice, and managed services. The company is ...
.
References
Defunct companies based in Pennsylvania
Level 3 Communications
Companies based in Potter County, Pennsylvania
Companies with year of establishment missing
Companies disestablished in 2006
2006 disestablishments in Pennsylvania
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