FCC Bureau OKs MAS Group Holdings Takeover of Masergy Communications
The FCC Wireline Bureau cleared MAS Group Holdings' buy of Masergy Communications, said a public notice Thursday in docket 16-354. No opposition was filed in the docket. MAS Group is owned by investment funds affiliated with Berkshire Partners (not part…
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of Warren Buffett's Berkshire Hathaway), said the companies' Oct. 25 application to transfer licenses under Section 214 of the Communications Act. Masergy Communications, which is controlled by Masergy Holdings, leases fiber capacity from others to provide long-distance services and "managed, secure virtualized network services" to enterprise customers, facilitating "the deployment of IT applications such as video, voice, and data on a global basis," said the application. It said a subsidiary, Masergy Cloud Communications, provides enterprise customers with interconnected VoIP service.