Subscribe to this page now.

Berkshire Partners plans $2B fiber network merger

12/27, 1:33pm

Lightower Fiber Networks and Sidera to merge

Private equity firm Berskhire Partners announced today that it plans to acquire controlling shares the two largest fiber network providers in the United States, with the ultimate aim of merging the two firms. Lightower Fiber Networks and Sidera Networks are in Berkshire's sights, and the holding company values the merger of the two infrastructure providers at more than $2 billion. The resulting entity would operate a fiber network stretching 20,000 miles and connecting 6,000 locations.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    Blue Yeti Studio

    Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

    ZTE Spro 2 Smart Projector

    Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

    MSI Geforce GTX 970 100ME

    When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

    toggle

    Most Commented