Tucows Launches Strategic Review for Ting Internet as Q1 Revenue Rises 19%

1 articles · Updated · BroadbandBreakfast.com · May 11

Tucows said it is pursuing a strategic process for Ting Internet, opening the door to a sale, spinoff or other restructuring of the fiber broadband business.
Ting added 2,900 subscribers in the first quarter, lifting its total to 56,800, while revenue rose 19% from a year earlier to $19.4 million.
CEO David Woroch called the Ting review a top priority and said the company is working toward an outcome that creates long-term value for shareholders.
The announcement signals potentially major changes for Ting even as the unit continues to expand its customer base and broadband revenue.

As the fiber market consolidates, will a restructured Ting become a predator or the next big prize for buyers?

Ting Internet is booming while its parent struggles. Is a sale the only way to unlock its true value?