Atlantic Broadband closes on FiberLight in south FL
Atlantic Broadband has closed its acquisition of the south Florida fiber network previously owned by FiberLight, a provider of metro and long ...
Atlantic Broadband has closed its acquisition of the south Florida fiber network previously owned by FiberLight, a provider of metro and long-haul fiber transport services. Initially announced in January, the deal adds 350 route miles to Atlantic Broadband's existing south Florida footprint, more than doubling its existing fiber footprint in the region while expanding by 30% its capacity to serve data center customers in the same geography.
The acquisition is intended to allow Atlantic Broadband to bring improved fiber connectivity to the area from downtown Miami to North Palm Beach.
"As the region grows and more businesses enter, we are excited that we can now offer this expanded fiber network," said Rich Shea, president and chief executive officer, Atlantic Broadband. "Through this strategic partnership, we are giving businesses the ability to innovate, grow and contribute to the region's economic growth - a commitment that we've made to south Florida and all the geographies we operate in."
Earlier this year, Atlantic Broadband acquired MetroCast Cable Systems, which extended its footprint up the East Coast from Florida to Maine.