Atlantic Broadband to buy fiber network from FiberLight
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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.
After the recent completion of the MetroCast acquisition earlier this month, and the addition of fiber assets from the FiberLight deal, Atlantic Broadband doubled its network coverage and now operates a network that covers 7,000 route miles and 25,000 on-net buildings stretching from Maine to South Florida. ■