SureWest Sells Wireless Internet Access Business

SureWest Communications has completed a sale of its fixed wireless Internet access business unit to Yonder Media, a broadband Internet provider focused on providing services in rural communities. As a result of the sale, Yonder Media and SureWest have also developed a long-term business relationship, which creates recurring monthly broadband business revenue for SureWest.

"The sale of our fixed wireless Internet assets is an appropriate move for the company as we continue to execute on our plan to divest non-core assets from the business and focus on providing the most advanced telephone, Internet and television services, and an outstanding customer experience," said Steve Oldham, SureWest’s president and CEO, in a prepared statement. (For more on SureWest, click here).