Transaction marks Everstream’s entry into St. Louis, Missouri
CLEVELAND – April 2, 2019 – Everstream, a super-regional network service provider bringing fiber-based Ethernet, internet and data center solutions to businesses throughout the Midwest, today announced it has acquired Arch Fiber Networks, considered a premier source for high-bandwidth connectivity needs and the only purpose-built dark fiber network in St. Louis, Missouri.
The transaction includes a 75-mile conduit system with 55 route miles of fiber. The additional 20 miles of ducts are fiber-ready.
“This opportunity fits well with several of Everstream’s strategic initiatives for the region,” said Everstream President and CEO Brett Lindsey. “It has advanced our timeline for the St. Louis market, allowing us to have a sales and network presence sooner than expected, and gives Everstream access to unique fiber routes to accelerate our ability to deliver on existing fiber to the tower projects underway.”
In January, Everstream announced its plans to invest $300 million into its fiber network by building dense metro fiber networks in 12 markets, including St. Louis, Missouri. The company expects to create 35 new jobs in St. Louis by the end of 2020.
Notably, the acquisition includes two duct crossings that run underneath the Mississippi River between St. Louis, Missouri, and East St. Louis, Illinois.
Seventy-one buildings will have immediate access to Everstream’s high-speed, low-latency Business Fiber Network. In total, 32 buildings are fiber-ready and 39 are considered on-net-ready with conduit fed to the site.
About Everstream®
Everstream is a super-regional network service provider bringing fiber-based Ethernet, internet and data center solutions to businesses throughout the Midwest. We focus on delivering best-in-class network solutions while providing an unrivaled commitment to customer service. With more than 10,000 miles of fiber across five states and comprehensive data center connectivity at 100 Gigabit speed, we provide the fastest network in our service areas. Everstream’s network is capable of accommodating converged internet, voice and data services at speeds up to 100 Gbps. For more information, visit everstream.net.
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Contact:
Suzanne Scarpino
sscarpino@everstream.net
O: 216-302-2615
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