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Entries in Lightower Fiber Networks (15)

Thursday
Apr302015
DateThursday, April 30, 2015 at 4:38PM

Lightower Announces Merger with Fibertech

On Monday, April 27th, Lightower Fiber Networks announced that they have agreed to merge with Fibertech Networks.  The transaction is an all cash deal for $1.9 billion funded with a mixture of debt and equity and is expected to close in Q3 2015.  The merger will allow the two companies to serve more locations, while being able to offer more service options to customers. 


 Transaction Facts

  • Lightower Fiber Networks is a leader in providing custom all-fiber and high-capacity network services.
  • Lightower serves enterprise, government, carrier and data center customers.
  • Fibertech Networks is a leading provider of fiber-optic based network services.
  • Fibertech serves wireline and wireless carriers, data centers, large enterprises, and facilities in several industries.

Strategic Considerations

  • Merged company will have approximately 32,000 fiber route miles connected to 5,000 wireless towers and 13,000 POPs. 
  • Transaction provides a complementary network and geographic footprint. 
  • Both companies offer fiber-based services such as Ethernet, dark fiber, wavelengths, Internet access, private networks and colocation services, which makes for a natural fit.

JSICA’s Take

  • Win for customers, due to the fact that the combined company will be able to offer the same superior level of customer support and reliability as it has in the past, except in more locations.
  • Merger creates a strong presence for the two companies in the Northeast and Mid-Atlantic.
AuthorJared Taylor | Comments Off | | | Print ArticlePrint Article
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Tuesday
May082012
DateTuesday, May 8, 2012 at 11:54AM

Lightower Expands Fiber Network in Central and Northern New Jersey

Source: Lightower Press Release

Lightower Fiber Networks announced several major expansions of its all-fiber network in Central and Northern New Jersey. In total, Lightower is adding over 100 route miles of new fiber network throughout the counties of Bergen, Hudson, Essex, Morris, Middlesex, and Mercer.

Lightower’s New Jersey network expansion program is in direct response to the surging demand for fiber-based networking solutions from Garden State financial institutions, enterprises, educational institutions, and government agencies.  

Financial services firms in particular will benefit from Lightower’s expansion in New Jersey as the company continues to build its fiber network into a growing list of critical financial exchanges and data centers in the area, including Carteret and Piscataway.

AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Wednesday
Jan112012
DateWednesday, January 11, 2012 at 9:43AM

Lightower Fiber Networks Deploys 100G Services to Customers

Source: Ciena Press Release

Ciena Corporation (Nasdaq:CIEN) announced it has been selected by Lightower Fiber Networks, a metro fiber and bandwidth service provider in the Northeast, to support the delivery of Ethernet services and managed wavelengths at bandwidths up to 100 Gb/s to enterprise and service provider customers throughout Lightower’s footprint, beginning immediately.  Powered by Ciena’s coherent optical technology, Lightower’s end-to-end fiber-based solutions include 40-Gigabit and 100-Gigabit Ethernet (GbE) services as well as 100G managed wavelengths.

AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Wednesday
Jan042012
DateWednesday, January 4, 2012 at 10:56AM

MassBroadband 123 Selects Lightower Fiber Networks for Network Solution

Source: Lightower Press Release

Lightower Fiber Networks, a metro fiber network and bandwidth service provider in the Northeast, announced that the Massachusetts Broadband Institute (MBI), a division of the Massachusetts Technology Collaborative, has selected Lightower to provide a diverse network solution as part of its MassBroadband 123 initiative, a strategic network initiative which expands broadband and Internet throughout the state of Massachusetts. As a critical component of MassBroadband 123, the Lightower network build will connect the MassBroadband 123 network to the major Internet connection point in Boston via diverse paths to further ensure network reliability.

MassBroadband 123 is expanding high-speed Internet to over 120 communities in western and north central Massachusetts. This future-proof, fiber-optic backbone will provide the necessary infrastructure to bring innovative broadband technology to residents and businesses in the region as well as support Commonwealth of Massachusetts agencies throughout the western regions

AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Tuesday
Jun212011
DateTuesday, June 21, 2011 at 9:10AM

Lightower Expands New York and Connecticut Networks

Source: Lightower Press Release

Lightower Fiber Networks, a metro fiber network and bandwidth service provider, announced two new network expansion projects in the northern New York Metro Region. One expansion will add new fiber between New Haven, CT and Stamford, CT. The second expansion will add a new route between Westchester County, NY and New York City. The routes will offer customers in the area access to all Lightower services, including low latency routes into and around New York City and New Jersey.

AuthorDeborah Rand | CommentPost a Comment | | | Print ArticlePrint Article
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