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Wireline Bureau OKs Macquarie's CableSouth Deal

The FCC Wireline Bureau approved a transfer of control of Tennessee-based cable and fiber connectivity operator CableSouth from parent Hunt Group Holdings to Australia's Macquarie Group, according to a notice in Thursday's Daily Digest. It said that under the deal…

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Hunt and Macquarie will each own 50% of CableSouth, with Macquarie having de facto control. CableSouth does business as SwyftFiber and SwyftConnect.