C Spire said it agreed to buy IP...

C Spire said it agreed to buy IP communications provider MegaGate Broadband in order to expand and diversify its services. MegaGate is a local exchange telco and ISP for southern Mississippi. C Spire began offering 1 Gbps fiber in nine Mississippi cities in September and has said it plans to open a $23 million Tier III+ data center in Starkville in November to power its enterprise cloud services. C Spire did not disclose the financial details of the deal but said Wednesday it expects final regulatory approval within 60 days (http://bit.ly/1hPrLb1).