FirstLight has made its second inorganic expansion move of the week. This morning the northeastern network operator announced a definitive agreement to acquire BestWeb.
BestWeb operates a deep metro and regional network footprint in the lower Hudson Valley of the state of New York. More specifically, it adds some 170 route miles of fiber to FirstLight’s footprint in Westchester, Rockland, and Putnam counties. The two companies know each other well, as FirstLight built out a substantial footprint in the region back in 2016 and BestWeb already leverages some of those fiber assets as part of its own efforts. So the integration shouldn’t be too difficult.
Earlier this week, FirstLight made a move out in western New York State with the purchase of a fiber route from DFT adding a link between the Buffalo metro area and Jamestown. The company continues to tuck in interesting fiber assets across the region, as this is the sixth deal since Antin Infrastructure Partners bought the company two years ago.
The company also has updated its network map with some detail on the latest acquisition:
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: Fiber Networks · Mergers and Acquisitions · Metro fiber
Join Our LinkedIn Group
anyone hear rumors stealth communications in ny metro being bought??
False rumor, just checked with Stealth CEO yesterday.