Cox Communications Acquires Segra's Commercial Services Business from EQT Infrastructure

April 27, 2021

Cox Communications has acquired the commercial services business of Segra from EQT Infrastructure (EQT Infrastructure III fund), a divestiture that expands Cox's fiber footprint and enterprise/carrier offerings across the Mid-Atlantic and Southeast. EQT will retain Segra's residential and SMB operations (Lumos Networks and NorthState) and plans to accelerate FTTP buildout; Segra's commercial unit will operate as a stand-alone business within Cox with existing management retained.

Buyers
Cox Communications
Targets
Segra (Commercial Services Business)
Sellers
EQT Infrastructure (EQT Infrastructure III fund)
Location
North Carolina, United States
Transaction Type
Divestiture

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