In the previous article today about Crown Castle’s plans to purchase Sunesys, I wondered what else might be on their shopping list after two deals in the past 8 months. Well, as an alert reader pointed out, it turns out that should have been three — we missed one other already this year.
According to this February regulatory filing down in Tennessee, Crown Castle is already in the process of buying Access Fiber Group. AFG was founded about the same time Telecom Ramblings was in 2008, and in the time since they built metro dark fiber in Birmingham (map to the left), Nashville, Charlotte, Milwaukee, Louisville, and St. Louis.
AFG has largely flown under the radar, but when I last updated my metro fiber and on-net building statistics they let me know their footprint had grown to 272 route miles of fiber in all hooking up 127 on-net buildings and towers.
One is interesting, two is a pattern, but three is the start of a roll-up I’d say. Crown Castle’s appetite for dark fiber appears to be pretty substantial.
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Categories: Mergers and Acquisitions · Metro fiber
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