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Tag: lightower
US fibre operators Lightower, Fibertech to merge
2015-04-27 22:27:00| Telecompaper Headlines
(Telecompaper) Lightower Fiber Networks announced an agreement to acquire Fibertech Networks for USD 1.9 billion, creating a major fibre network provider across the eastern US. Fibertech connects mid-size cities in the Eastern and Central regions of the US, while Lightower's network focuses on the Northeast, Mid-Atlantic and Chicago Metro areas. Both operators serve enterprise, government and wholesale customers with a range of Ethernet, dark fibre and co-location services. Lightower's existing financial backers, Berkshire Partners, Pamlico Capital and Abry Partners, will each provide additional equity to support the transaction. The combined company will be led by current Lightower CEO, Rob Shanahan. Pending regulatory approvals, the merger is expected to close in the third quarter.
Tags: operators
merge
fibre
lightower
Lightower Fiber Networks Chooses NetCracker To Help Meet Aggressive Growth Goals And Customer Demand
2014-04-03 06:14:27| fiberopticsonline Home Page
NetCracker Technology announced recently that Lightower Fiber Networks will upgrade to NetCracker 9.0 in order to improve its network resource visualization and accelerate network planning for its high-performance networking solutions
Tags: customer
meet
growth
networks
Lightower Fiber Networks To Merge With Sidera Networks
2013-01-03 05:00:32| fiberopticsonline News Articles
Lightower Fiber Networks, the premier metro fiber and bandwidth provider in the Northeast, and Sidera Networks, the leading provider of tailored, high-capacity communications services to large enterprise, carrier and data center customers, announced that they have signed a definitive agreement for a transaction valued at over $2 billion led by Berkshire Partners, a Boston-based investment firm, and management, to acquire and merge both companies.
Tags: networks
fiber
merge
fiber networks
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