Broadview IPO looks to raise $287.5 million

Rye Brook, NY-based carrier Broadview Networks, which serves business customers primarily in the Northeast and along the East coast, has filed with the Securities and Exchange Commission to go public. The company said it looks to raise $287.5 million through the IPO to help fund "capital expenditures, acquisitions and investments," according to a story in Light Reading. Within the last year and a half, Broadview has acquired fellow regional carriers InfoHighway and ATX Communications.

For more:
- check out this story [1] in Light Reading