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Press Release -- January 14th, 2014
Source: last-mile-solutions

Last Mile Solutions, LLC Buys Forest City Network Solutions, LLC

 –  Boston Dark Fiber Metro Network to enable carriers in sought after Cambridge/Longwood Areas

BOSTON, MA—January 14, 2014—Last Mile Solutions, LLC, a leading fiber optic infrastructure provider to the communications industry, today announced they have purchased all dark fiber assets from Forest City Network Solutions (FCNS). With this newly acquired dark fiber network, Last Mile will connect major enterprises, institutions and health systems across Longwood Medical,Boston’s A-Loop and University Park in Cambridge, Massachusetts.

By providing carriers with access to Last Mile’s dark fiber network, Last Mile Solutions provides an end-to-end solution for carriers seeking access to new markets in key data hubs in Massachusetts. The company helps carriers to avoid the infrastructure costs associated with expanding their network and gives them access to new customers in life sciences, finance and education. Furthermore, Last Mile’s carrier neutral approach allows carriers to partner with Last Mile Solutions and gain access to the company’s dark fiber infrastructure portfolio. And, through Last Mile’s ongoing relationships with industry leading construction and development partners the company now provides a true turn-key solution for clients and carriers.

“This transaction is great news for the carrier community,” says Mark Langevin, CEO and Founder of Last Mile Solutions. “By providing dark fiber access across Longwood Medical, University Park and Boston’s A-Loop we will be able to connect customers to their carrier of choice with no investment from the carrier required.”

According to John DeStefano, Vice President of Last Mile, “We could not be happier with the acquisition. It is going to allow us to not only connect carriers to new customers but also enable us to provide a complete end to end fiber solution.”

Paul Trane a principal investor of Forest City Network Solutions added, “The network has been a tremendous investment for us however, we believe that the timing was right to allow Last Mile Solutions to build upon the success of FCNS. It’s clear to all of us involved that Last Mile Solutions will be a diligent steward of this network and will grow the network into an even more important regional asset.”

About Last Mile Solutions

Last Mile Solutions, LLC, is a leading full service provider of turnkey fiber optic infrastructure. The company provides core expertise in all aspects of fiber optic deployment including engineering, permitting, construction and delivery of metro end to end communication infrastructure.

About Forest City Network Solutions

Forest City Network Solutions, LLC, is a partnership between Cleveland, Ohio based Forest City Enterprises (NYSE: FCE.A)an owner, developer and manager of a diverse portfolio of premier real estate property across the United States and Telecommunications Insight Group one of the nation’s leading Telecommunications Consulting firm based in Boston, Massachusetts.

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