Acquisition agreement from Morrison & Company, thriving partnerships, and network enhancements position the fiber infrastructure provider for continued success
Atlanta, GA, October 24, 2022 – FiberLight, LLC, a fiber infrastructure provider with more than 20 years of experience building and operating mission-critical, high-bandwidth networks, recently closed out the most significant quarter of its history – including the announcement that it signed an agreement to be acquired by Morrison & Co, the renewal of a 20-year contract with the Hurst-Euless-Bedford Independent School District, and a renewed commitment to accelerate network infrastructure expansion in fast-growing U.S. markets.
Recent highlights from the organization include:
- FiberLight signing a definitive agreement to be acquired by H.R.L. Morrison & Co, a premier global infrastructure investment firm focused on the digital and renewables sectors. Morrison & Co’s investment in FiberLight marks its first investment in the North American digital infrastructure market, and will accelerate FiberLight’s network expansion, positioning it to take advantage of the rapidly growing fiber infrastructure market.
- FiberLight renewing a 20-year contract with the Hurst-Euless-Bedford Independent School District to continue its partnership and enable next generation learning. FiberLight began working with HEB ISD nearly 25 years ago when the school district needed a fiber provider to service K-12 students across a 40-acre region in northern Texas. When the original agreement expired, HEB ISD signed a new deal with FiberLight citing their consistent up-time, scalability and superior service in meeting the demands of a forward-looking school community.
- FiberLight expanding and enhancing its critical network infrastructure across Texas, Central Florida, Virginia, Maryland and the greater Atlanta area. Spanning approximately 17,000 route miles of fiber infrastructure, and servicing customers in over 30 metropolitan areas, FiberLight continues to invest in building out state-of-the-art, high capacity networks that provide unprecedented scalability and reliability for its customers and their end-users.
“We are proud of FiberLight’s significant achievements over the past few months and are bullish about our future as fiber broadband continues to expand into new markets,” said Chris Rabii, CEO of FiberLight. “With the recent investment in FiberLight by Morrison and Co., renewed partnerships with longstanding alliances like HED-ISD, and our unmatched network assets, we are looking forward to leading the industry in meeting the business needs of cloud service providers, network operators, government agencies, and large-scale enterprises with unmatched technology and service.”
About FiberLight
FiberLight designs, builds and deploys mission-critical high bandwidth networks to ignite our client’s digital transformation. With 17,000 route miles of fiber networks and 78,000 pre-qualified near-net buildings, FiberLight operates in over 30 metropolitan areas in the U.S. Our service portfolio includes high-capacity Ethernet and Wave Transport Services, Cloud Connect, Dedicated Internet Access, Dark Fiber and Wireless Backhaul serving domestic and international telecom companies, wireless, wireline, cable and cloud providers as well as key players across enterprise, government, and education. For more information, visit fiberlight.com or follow us on Twitter @FiberLight_LLC.
FiberLight Contact:
Escalate PR
FiberLight@escalatepr.com
PR Archives: Latest, By Company, By Date