this post was submitted on 22 Jun 2023
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[–] nevernevermore@kbin.social 20 points 1 year ago (1 children)

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

[–] someguy3@lemmy.ca 12 points 1 year ago* (last edited 1 year ago) (1 children)

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

[–] nevernevermore@kbin.social 10 points 1 year ago

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