Metro Bytes: 123NET, Brightspeed, Windstream, Altice

Four interesting items from the metro and last mile:

123NET, Peninsula Fiber Network, and Daystarr Communications have polished off a piece of key regional fiber up in Michigan. The new 90 miles of underground fiber connect Southfield and Lansing, adding middle mile capacity and touching multiple communities along the route. That infrastructure will now be available for public-private collaborations and other regional development projects.

Brightspeed says it has reached a major milestone in its expansion down in North Carolina. They have now passed 50K homes in the counties of Johnston, Harnett, Vance, Person, Orange, Moore and Chatham in the Greater Triangle region. They have another 50K or so planned across a dozen or so communities.

Windstream’s Kinetic brand is expanding its FTTH presence in the Louisville, Kentucky metro area. Specifically they plan to spend $2M on 52 route miles of fiber to hook up homes in Shepherdsville, about 10 miles to the south of Louisville itself. The expansion aims at 3,800 households across the neighborhoods of Pitts Point, Sampson, Hillbrook, and Meadowbrook.

And Altice is leveraging its HFC assets to help raise money. They have entered into a $1B asset-backed term loan with Goldman Sachs and TPG Angelo Gordon. The assets in question are primarily the HFC network in Brooklyn and the Bronx, which are operated under their Optimum brand and pass some 1.55M locations. It’s only a piece of Altice USA’s footprint of 10M locations passed.

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: FTTH · Metro fiber