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Atlantic Broadband to acquire FiberLight South Florida fiber network assets

Atlantic Broadband, the nation’s 9th largest cable operator has signed a definitive agreement to purchase the entire South Florida fiber network from FiberLight, LLC, an industry provider of providing high-performance fiber-optic network solutions, the company said. Upon completion of the agreement, Atlantic Broadband will add approximately 350 route miles to its existing South Florida footprint, more than doubling its existing fiber footprint in the region. This acquisition, which is subject to customary regulatory approvals and expected to close within six months, allows Atlantic Broadband to significantly accelerate its effort to expand fiber-delivered business and carrier services in the vibrant and growing corridor running from downtown Miami up to North Palm Beach.

As part of this transaction, Atlantic Broadband has purchased dark fiber capacity from FiberLight that will enable the company to begin offering its advanced business communication solutions across the entire network footprint almost immediately. Atlantic Broadband, a wholly owned subsidiary of Cogeco Communications Inc. (TSX: CCA), is the 9th largest cable operator in the United States, based on the number of television service customers served. The company provides its residential and business customers with Internet, TV and Phone services in 11 states: Connecticut, Delaware, Florida, Maine, Maryland, New Hampshire, New York, Pennsylvania, South Carolina, Virginia and West Virginia.

Atlantic Broadband is headquartered in Quincy, Massachusetts. To learn more about Atlantic Broadband, visit www.atlanticbb.com. FiberLight is a premier provider of fiber-optic based, high performance networking services for telecom carriers, government, enterprise, content providers and web-centric businesses.

FiberLight owns over 1,300,000 miles of robust fiber networks in over 44 key growth areas in US cities and towns within Florida, Georgia, Maryland, Texas, Virginia and Washington, D.C., offering wide area networking options at layers 1, 2 and 3 to major commercial hubs throughout the country.

To learn more about FiberLight’s service offerings, visit www.fiberlight.com.

BY Gulli Arnason – January 29, 2018

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References

  1. ^ Media and Technology (www.financial-news.co.uk)

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