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
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From the article
Personally I wouldn’t call that turmoil. I’d call it industry consolidation.
Consolidation can be tumultuous; but I’m just citing the article. They go into much further depth about the situation.