Fibertech, which is in the process of being acquired by Lightower Fiber Networks, has just been awarded a $1 million grant from the state of Delaware to expand its own network in the state while serving as an onramp to increase broadband services in rural areas.
With its acquisition of tw telecom now complete, Level 3's focus in 2015 will be on integrating those assets into its fold, but that does not mean that it's ruling out pursuing new deals.
AT&T has been enriching its business services offering with a new fiber footprint that can now deliver 1 Gbps services to multi-tenant office buildings in more than 180 cities in the United States.
Lightower Fiber Networks snapped up Fibertech Networks in a $1.9 billion all-cash deal that will create a fiber powerhouse in the Northeast, Mid-Atlantic and Midwest regions of the United States.
Birch Communications is enhancing its multi-protocol label switching (MPLS) product with greater reach and the addition of new service delivery elements for existing and new business customers.
Birch Communications continues to make progress with its aggressive fiber buildout strategy, extending its facilities into an additional 46 buildings in four major U.S. markets.
Telus is moving forward with plans to put fiber-to-the-premises (FTTP) service into the hands of more users in Alberta, Canada, thanks to a $3.4 billion investment through 2018.
FiberLight can now proceed with its 8,000-mile fiber build in Texas as the service provider completed an out-of-court settlement with Union Pacific so it can continue installing cable over or under the railroad company's tracks.
WOW! Wholesale and iFiber Networks are jointly building a new fiber network that will give local government, business and residential customers in Village of Gilberts, Ill., a 1 Gbps Internet connection, a move that illustrates the demand for fiber-to-the-home (FTTH) services in Tier 2 communities.
Zayo has completed its follow-on public offering of 21.85 million shares of its common stock, including 4 million shares sold by the company and 17.85 million sold by shareholders, at $27.35 a share.