Four interesting items from the metro and regional fiber space around the US worth noting at midweek:
FirstLight has followed through on a recent M&A transaction up in New York's North Country. They have closed the purchase of PrimeLink, formerly owned by Champlain Telephone Company. The deal was announced back in February, and adds depth in Plattsburgh, Glens Falls, Queensbury, Albany & the Lake Champlain Corridor as well as fiber capacity up to Montreal.
QTS has added another metro fiber option in Atlanta. Bandwidth IG has brought its network into QTS's mega data center campus there. Bandwidth IG is a new player on the metro fiber horizon with a project also ongoing in northern California. In Atlanta they have built out 40+ route miles that connects up some 16 data centers in the metro area via 8 separate fiber rings.
Dobson Technologies has revealed further expansions in its home turf of Oklahoma. Over the past year they have added a few hundred miles of new fiber in Oklahoma City, Stigler, Clinton, and Muskogee. That raises their addressable buildings for business connectivity by 7K to 22K total.
And FiberLight has made an interesting financial move. They announced yesterday the completion of a strategic recapitalization. With the help of a still unnamed 'global investment and financial services advisory firm' they have brought in $325M in financing to reconfigure their balance sheet. The deal, whose details were not revealed, is aimed at strengthening FiberLight's ability to deploy new network solutions across its footprint.
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