• nevernevermore@kbin.social
    link
    fedilink
    arrow-up
    20
    ·
    1 year ago

    TekSavvy is the last remaining large internet wholesale provider, as others have been snapped up by bigger rivals in what independent ISPs describe as a challenging regulatory environment.
    Roughly half a dozen independent ISPs have been sold since February of 2022

    From the article

    • BarqsHasBite@lemmy.ca
      link
      fedilink
      arrow-up
      12
      arrow-down
      1
      ·
      edit-2
      1 year ago

      Personally I wouldn’t call that turmoil. I’d call it industry consolidation.

      • nevernevermore@kbin.social
        link
        fedilink
        arrow-up
        9
        ·
        1 year ago

        Consolidation can be tumultuous; but I’m just citing the article. They go into much further depth about the situation.