Some intercity fiber has changed hands down in the southeastern US. South Reach Networks has made an inorganic move, buying the fiber and colo assets of Resurgence Infrastructure Group.
The assets include a longhaul route between Miami and Atlanta along with 5 colo facilities along that route and metro fiber connectivity in Jacksonville and Boca Raton. That will nicely complement South Reach's metro fiber and colo footprint in Miami, giving them a regional presence along the eastern coast of Florida. In fact, a quick glance suggests that South Reach's existing dark fiber longhaul route already runs on the very same infrastructure, so we're not talking about a significant integration or anything here.
If those fiber assets sound familiar, it's because they are of pretty new vintage. Resurgence bought the longhaul route from Strome Networks, which was the renamed version of Allied Fiber Southeast. Resurgence is keeping its longhaul route from Jacksonville up through Atlanta, so they are still in the game, albeit in a more limited fashion.
South Reach was born as a rebrand of Interconnect Miami last Fall with the promise of making additional purchases just like this one. Hence, they probably have an appetite for additional assets in Florida. The company is led by Mike Sevret, formerly EVP and CSO for Cross River Fiber.
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