The suit alleges Toms, a White elected official, has displayed racial animus towards minority-owned businesses.
Those minority-owned businesses are the ones who filed the suit, A2D and eCBI Warner.
They claim that Toms tried to steer business away from them once they installed a fiber optic network and towards Hargray Communications Group, Inc, which the suit says is a predominantly white-owned company.
The suit also alleges Toms instructed business owners, both established and new to the City, not to engage in any business transactions with A2D or eCBI.
They go on to claim the city s Director of Building and Transportation, Bill Mulkey, conspired with Toms to deny right-of-way permits for the two companies.
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Hargray Communications (“Hargray” or the “Company”) and The Pritzker Organization, L.L.C. (“TPO”) announced today that an investor group led by TPO and including Stephens Capital Partners, Redwood Capital Investments, and WaveDivision Capital has signed a definitive agreement under which Cable One, Inc. (“Cable One”), currently a minority investor in Hargray, will purchase the remaining interests in Hargray. TPO led the Hargray investment in 2017 and has held a majority stake in the Company and invested in its growth since that time.
Founded in the Lowcountry region of South Carolina, Hargray is the premier broadband communications provider to small cities and large towns throughout South Carolina, Georgia, Alabama, and northern Florida. The Company has invested significantly to construct fiber-optic broadband networks and to acquire and upgrade smaller providers to create a high-growth b
Press release content from Business Wire. The AP news staff was not involved in its creation.
Cable One Acquires Hargray from Investor Group Led by The Pritzker Organization
February 15, 2021 GMT
HILTON HEAD ISLAND, S.C. & CHICAGO (BUSINESS WIRE) Feb 15, 2021
Hargray Communications (“Hargray” or the “Company”) and The Pritzker Organization, L.L.C. (“TPO”) announced today that an investor group led by TPO and including Stephens Capital Partners, Redwood Capital Investments, and WaveDivision Capital has signed a definitive agreement under which Cable One, Inc. (“Cable One”), currently a minority investor in Hargray, will purchase the remaining interests in Hargray. TPO led the Hargray investment in 2017 and has held a majority stake in the Company and invested in its growth since that time.
News Wire Feed Light Reading 2/4/2021
LONDON, UK TM Forum, the industry association driving digital transformation through collaboration, today announced that 63 companies have joined the Forum since August. These new members have joined from around the globe, including from Brunei, China, Egypt, Germany, Greece, Honduras, India, Ireland, Mexico, Namibia, Singapore, South Africa, Turkey, U.K., U.S. and beyond.
One new member, Accedian, is committed to providing performance technology that helps communications service providers (CSPs) deliver and secure unique experiences to their end users, according to Richard Piasentin, Chief Strategy and Chief Marketing Officer. The collaborative nature of TM Forum, including their Open API advancement and assets that accelerate innovation and digital transformation, means we re able to provide our cloud-native solutions more efficiently and effectively to our customers, he said. The pa