wiredinUSA September 2015

INDEX

The combined company will operate under the Lightower brand and serve customers across a service footprint roughly double the size of each independent company. Rob Shanahan, president and CEO of Lightower, said: “This strategic merger was a natural fit for both networks and both companies.” The new Lightower Network will provide over 30,000 route miles of fiber and more than 5,000 wireless towers. The transaction was funded through a combination of equity and debt, with Lightower’s existing financial backers, Berkshire Partners, Pamlico Capital and ABRY Partners, providing additional equity. Lightower’s portfolio of industry-specific networking solutions includes Ethernet, dark fiber, wavelengths, Internet access, private networks and colocation.

Network merger

Lightower Fiber Networks has closed a $1.9 billion merger with Fibertech Networks.

wiredInUSA - September 2015 i I

17