Fiber-Optic Networks on the Rebound

By

Fiber-optic networks are making a comeback, according to a Wall Street Journal report. Thanks to data-dependent devices like smartphones and streaming video applications such as Netflix, the Journal reveals that the industry is placing a new-found premium on high-speed data networking.

In fact, the article points to companies such as Lightower Fiber Networks, Fibertech Networks and Zayo Group as among those gobbling up smaller players to get a leg-up on the competition. The Journal cites figures from investment bank Cowen & Co. that demonstrate there have been 14 acquisitions in the fiber-option network industry this year alone and 45 since the market began its resurgence in 2006.

Take, for example, Lightower Fiber Networks, which acquired Open Access, Inc., a metro network and communications services provider based in Farmingdale, N.Y., in December. The acquisition grants Lightower access to more than 230 commercial buildings and data centers. Three months earlier, Lightower bought Lexent Metro Connect, a provider of custom-built dark fiber networks, in order to expand its metro fiber stronghold in the greater New York City area, as well as parts of New Jersey. And in May, Lightower acquired metro fiber provider Veroxity Technology Partners, Inc. Today, Lightower boasts a network of more than 5,500 fiber route miles and access to over 2,100 commercial buildings, data centers, telco hotels and other critical interconnection facilities.

The Journal article also points to Zayo as another example of a company that has acquired a number of smaller players – 15 to date, in order to strengthen its standing in the fiber-optic network space. Among these acquisitions is American Fiber Systems and AGL Networks – purchases that helped Zayo launch Zayo Fiber Solutions, a division dedicated to designing and building dark fiber networks for wholesales carriers and enterprises.

Want to learn more about the latest in communications & technology? Then be sure to attend ITEXPO East 2011, taking place Feb 2-4, 2011, in Miami. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.




Edited by Tammy Wolf
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

TechZone360 Contributing Editor

SHARE THIS ARTICLE
Related Articles

ChatGPT Isn't Really AI: Here's Why

By: Contributing Writer    4/17/2024

ChatGPT is the biggest talking point in the world of AI, but is it actually artificial intelligence? Click here to find out the truth behind ChatGPT.

Read More

Revolutionizing Home Energy Management: The Partnership of Hub Controls and Four Square/TRE

By: Reece Loftus    4/16/2024

Through a recently announced partnership with manufacturer Four Square/TRE, Hub Controls is set to redefine the landscape of home energy management in…

Read More

4 Benefits of Time Tracking Software for Small Businesses

By: Contributing Writer    4/16/2024

Time tracking is invaluable for every business's success. It ensures teams and time are well managed. While you can do manual time tracking, it's time…

Read More

How the Terraform Registry Helps DevOps Teams Increase Efficiency

By: Contributing Writer    4/16/2024

A key component to HashiCorp's Terraform infrastructure-as-code (IaC) ecosystem, the Terraform Registry made it to the news in late 2023 when changes …

Read More

Nightmares, No More: New CanineAlert Device for Service Dogs Helps Reduce PTSD for Owners, Particularly Veterans

By: Alex Passett    4/11/2024

Canine Companions, a nonprofit organization that transforms the lives of veterans (and others) suffering PTSD with vigilant service dogs, has debuted …

Read More