Northeastern fiber operator Lightower Fiber Networks (news) is further increasing its metro depth to the north and east of New York City. The company announced expansion plans up in Westchester and Connecticut today that will extend the company's metro and regional coverage further into key suburban regions of its turf - the triangle formed by the Big Apple, Boston, and Albany.
North of the city they will add a new route between the Bronx and Yonkers with new fiber through Mt. Vernon, Bronxville and Hastings. They have several projects going on in the area, including last month's new route across the Hudson south of the Tappan Zee Bridge.
Over in Connecticut, Lightower will increase its depth in Connecticut, where it still has less fiber coverage than in New York and Boston. A new diverse fiber route between Stamford and New Haven along the I-95 corridor including Norwalk, Bridgeport, and Milford. This is probably an extension of last year's buildout to Greenwich and Stamford and there is likely further such activity planned for the future.
With four deals, Lightower has been very active in the M&A binge that has gripped the fiber sector over the past year. Lately though they have been rather quiet, preferring perhaps to integrate and focus on organic growth. Perhaps the prices are too high now, or the right asset just hasn't come along yet.
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