Lightpath to Acquire United Fiber & Data Assets
June 10, 2024
Lightpath has signed a definitive agreement to acquire substantially all of the assets of United Fiber & Data; the deal is subject to regulatory approvals and expected to close in Q3 2024. The acquisition adds a geographically diverse, high-fiber-count 323-route mile long-haul network between New York City and Ashburn, VA, plus a 79-route mile metro network in NYC/NJ, expanding Lightpath's capacity into the Ashburn data center ecosystem and increasing Manhattan serviceable market by over 20%.
- Buyers
- Lightpath
- Targets
- United Fiber & Data
- Industry
- Telecommunications
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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