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Lightpath Acquires WANRack's Phoenix Business

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Lightpath has completed the acquisition of WANRack's network assets and customers in the Phoenix metropolitan market, adding 133 route miles of fiber infrastructure. This strategic move accelerates Lightpath's recent market entry in Phoenix, expanding their total network footprint to 363 route miles.

The acquired infrastructure includes diverse paths between the Goodyear data center ecosystem and metro Phoenix carrier hotel facilities. Upon completion, the network will connect 10 key data centers via underground, multi-duct conduit systems, linking data center hubs across Goodyear, Buckeye, Chandler, Glendale, Mesa, and Tempe to Phoenix's primary carrier exchange ecosystems.

The network will be positioned near more than 30 additional single and multi-tenant data center campuses. While Lightpath is already operational on the 133 miles of acquired fiber, additional network segments will be constructed in Q2 2025, with full network completion expected by the end of 2026.

Lightpath ha completato l'acquisizione delle attività di rete e dei clienti di WANRack nel mercato metropolitano di Phoenix, aggiungendo 133 miglia di infrastruttura in fibra. Questa mossa strategica accelera l'ingresso di Lightpath nel mercato di Phoenix, espandendo la loro rete totale a 363 miglia.

L'infrastruttura acquisita include percorsi diversi tra l'ecosistema del data center di Goodyear e le strutture degli hotel carrier di metro Phoenix. Una volta completata, la rete collegherà 10 centri dati chiave tramite sistemi di condotti sotterranei a multi-duct, collegando i nodi dei data center tra Goodyear, Buckeye, Chandler, Glendale, Mesa e Tempe agli ecosistemi principali di scambio carrier di Phoenix.

La rete sarà posizionata vicino a oltre 30 campus di data center singoli e multi-tenant. Sebbene Lightpath sia già operativa sulle 133 miglia di fibra acquisita, ulteriori segmenti della rete saranno costruiti nel secondo trimestre del 2025, con il completamento totale della rete previsto entro la fine del 2026.

Lightpath ha completado la adquisición de los activos de red y clientes de WANRack en el mercado metropolitano de Phoenix, añadiendo 133 millas de infraestructura de fibra. Este movimiento estratégico acelera la entrada reciente de Lightpath en el mercado de Phoenix, expandiendo su huella total de red a 363 millas.

La infraestructura adquirida incluye rutas diversas entre el ecosistema de centros de datos de Goodyear y las instalaciones de hoteles de carriers en el metro de Phoenix. Una vez completada, la red conectará 10 centros de datos clave a través de sistemas de conductos subterráneos de múltiples ductos, vinculando los centros de datos en Goodyear, Buckeye, Chandler, Glendale, Mesa y Tempe con los ecosistemas principales de intercambio de carriers en Phoenix.

La red estará ubicada cerca de más de 30 campus de centros de datos individuales y multi-tenant. Si bien Lightpath ya está operativa en las 133 millas de fibra adquirida, se construirán segmentos adicionales de la red en el segundo trimestre de 2025, con la finalización total de la red prevista para finales de 2026.

라이트패스는 피닉스 대도시 시장에서 WANRack의 네트워크 자산 및 고객을 인수 완료하였으며, 133마일의 섬유 인프라를 추가하였습니다. 이 전략적 결정은 라이트패스의 피닉스 시장 진입을 가속화하며, 전체 네트워크 면적을 363마일로 확장합니다.

인수된 인프라는 구디이어 데이터 센터 생태계와 메트로 피닉스의 캐리어 호텔 시설 간의 다양한 경로를 포함합니다. 완료되면, 이 네트워크는 10개의 주요 데이터 센터를 지하 다중 덕트 관로 시스템을 통해 연결하며, 구디이어, 버카이, 챈들러, 글렌데일, 메사 및 템페의 데이터 센터 허브를 피닉스의 주요 캐리어 교환 생태계에 연결합니다.

이 네트워크는 30개 이상의 단일 및 다중 테넌트 데이터 센터 캠퍼스 근처에 위치할 것입니다. 라이트패스는 이미 인수한 133마일의 섬유에서 운영 중이며, 추가 네트워크 세그먼트는 2025년 2분기에 건설될 예정이며, 전체 네트워크 완공은 2026년 말로 예상됩니다.

Lightpath a finalisé l'acquisition des actifs réseau et clients de WANRack sur le marché métropolitain de Phoenix, ajoutant 133 miles d'infrastructure en fibre. Ce mouvement stratégique accélère l'entrée de Lightpath sur le marché de Phoenix, élargissant leur empreinte totale du réseau à 363 miles.

L'infrastructure acquise comprend des chemins divers entre l'écosystème des centres de données de Goodyear et les installations d'hôtels de transporteurs de Phoenix. Une fois achevée, le réseau connectera 10 centres de données clés via des systèmes de conduits souterrains à plusieurs conduits, reliant les hubs de centres de données à travers Goodyear, Buckeye, Chandler, Glendale, Mesa et Tempe aux principaux écosystèmes d'échange de transporteurs de Phoenix.

Le réseau sera positionné à proximité de plus de 30 campus de centres de données individuels et multi-locataires. Bien que Lightpath soit déjà opérationnelle sur les 133 miles de fibre acquise, des segments supplémentaires du réseau seront construits au deuxième trimestre 2025, avec une finalisation complète du réseau prévue d'ici fin 2026.

Lightpath hat die Übernahme der Netzwerkanlagen und Kunden von WANRack im Ballungsraum Phoenix abgeschlossen und 133 Meilen Glasfaserinfrastruktur hinzugefügt. Dieser strategische Schritt beschleunigt den Markteintritt von Lightpath in Phoenix und erweitert die gesamte Netzwerkfläche auf 363 Meilen.

Die erworbene Infrastruktur umfasst verschiedene Verbindungen zwischen dem Datenzentrum-Ökosystem in Goodyear und den Carrier-Hotelanlagen im Großraum Phoenix. Nach der Fertigstellung wird das Netzwerk 10 wichtige Datenzentren über unterirdische Mehrfachkanalsysteme verbinden, die die Datenzentrum-Hubs in Goodyear, Buckeye, Chandler, Glendale, Mesa und Tempe mit den wichtigsten Carrier-Austausch-Ökosystemen in Phoenix verbinden.

Das Netzwerk wird in der Nähe von mehr als 30 weiteren Einzel- und Mehrmieter-Datenzentrumscampus positioniert. Während Lightpath bereits auf den 133 Meilen der übernommenen Glasfaser operativ ist, werden zusätzliche Netzwerksegmente im 2. Quartal 2025 gebaut, mit dem vollständigen Abschluss des Netzwerks, der bis Ende 2026 erwartet wird.

Positive
  • Immediate access to 133 operational route miles of fiber
  • Strategic expansion to 363 total route miles in Phoenix market
  • Access to 10 key data centers and proximity to 30+ additional facilities
  • Ready-made infrastructure connecting major data center hubs
Negative
  • Extended construction timeline until end of 2026
  • Significant infrastructure investment required for remaining network segments

Insights

Lightpath's acquisition of WANRack's Phoenix assets represents a strategic bolt-on acquisition that accelerates market entry timing while avoiding the full cost and delay of greenfield network construction. The transaction immediately adds 133 route miles of operational fiber network and expands Lightpath's total Phoenix footprint to 363 route miles upon completion.

This acquisition follows a classic "buy versus build" strategy in the fiber infrastructure space, where acquiring existing assets provides immediate market access and revenue contribution. The strategic value comes from connecting key data center ecosystems - particularly linking Goodyear's growing data center hub with Phoenix's carrier hotels - creating high-margin connectivity opportunities in a growing market.

Most significantly, the mention of solving "strategic customer's near-term requirements" suggests this was driven by existing customer demand rather than speculative expansion, reducing market risk. The timeline (Q2 2025 for high-priority segments, completion by 2026) indicates a phased approach to capital deployment.

For ATUS investors, this represents continued diversification toward enterprise fiber services, which typically deliver higher margins than residential offerings. However, without disclosed financial terms or revenue contribution, the material impact on ATUS's overall financial performance is likely minimal in the near term given the parent company's $1.3B market capitalization.

Acquisition Accelerates Lightpath's Entrance into the Phoenix Market with 133 Route Miles of Operating Network and In Place Construction Capabilities

NEW YORK, March 4, 2025 /PRNewswire/ -- Lightpath, an all fiber, infrastructure based connectivity provider revolutionizing how organizations connect to their digital destinations, announced the company has completed the acquisition of WANRack's network assets and customers in the Phoenix metropolitan market. This acquisition adds 133 route miles of fiber, including diverse paths between the Goodyear data center ecosystem and metro Phoenix carrier hotel facilities, accelerating Lightpath's service readiness and expansion in the region.

Lightpath acquires WANRack's fiber assets and customers in the Phoenix metropolitan market, adding 133 route miles.

In conjunction with Lightpath's recent Phoenix market entry announcement, the integration of WANRack's assets increases Lightpath's total network footprint in the market to 363 route miles. Upon construction completion, this infrastructure will connect 10 key data centers via underground, multi-duct conduit systems, linking emerging data center hubs in Goodyear, Buckeye, Chandler, Glendale, Mesa, and Tempe to Phoenix's primary carrier exchange ecosystems.

Beyond the 10 planned connected data centers, the network will be strategically positioned near more than 30 additional single and multi-tenant data center campuses. While Lightpath is already service ready on 133 miles of acquired fiber, additional high priority network segments will be constructed in Q2 2025, with full network completion targeted by the end of 2026.

"WANRack's Phoenix business is a perfect fit with Lightpath's recent market entry and provides a solution for solving our strategic customer's near-term requirements," explained Rachel Stack, CFO, Lightpath. "This transaction demonstrates our creative problem solving and commitment to innovative solutions in response to customer challenges." 

"Phoenix represents a strategic and growing market for Lightpath as we look to provide critical fiber infrastructure to customers with intensive bandwidth requirements", stated Tim Haverkate, EVP, Major Infrastructure Solutions, Lightpath. "We look forward to partnering with WANRack's customers to serve their growing connectivity needs and expanding Lightpath's fiber infrastructure and customer relationships across Phoenix."

About Lightpath:

Lightpath is revolutionizing how customers connect to their digital destinations by combining our next-generation network with our next-generation customer service. Lightpath's advanced fiber-optic network offers a comprehensive portfolio of custom-engineered connectivity solutions with unparalleled performance, reliability, and security. Our consultative customer service means we work with you to design, deliver, and support the solution for your unique needs, faster and more easily than ever before. For over 30 years, thousands of enterprises, governments, and educators have trusted Lightpath to power their organization's innovation. Lightpath is jointly owned by Altice USA (NYSE: ATUS) and Morgan Stanley Infrastructure Partners.

Follow Lightpath on LinkedIn. For more information, please visit lightpathfiber.com.

For Lightpath Media Inquiries:
JSA for Lightpath
1-866-695-3629
jsa_lightpath@jsa.net

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightpath-acquires-wanracks-phoenix-business-302390780.html

SOURCE Lightpath

FAQ

How many route miles of fiber did Lightpath acquire from WANRack in Phoenix?

Lightpath acquired 133 route miles of fiber from WANRack in the Phoenix metropolitan market.

What will be Lightpath's total network footprint in Phoenix after the WANRack acquisition?

After the WANRack acquisition, Lightpath's total network footprint in Phoenix will be 363 route miles.

When is the expected completion date for Lightpath's full Phoenix network?

The full network completion is targeted by the end of 2026, with high priority segments being constructed in Q2 2025.

How many data centers will Lightpath's Phoenix network connect?

The network will connect 10 key data centers and be positioned near more than 30 additional single and multi-tenant data center campuses.

Which Phoenix metropolitan areas will be connected by Lightpath's network?

The network will connect Goodyear, Buckeye, Chandler, Glendale, Mesa, and Tempe to Phoenix's primary carrier exchange ecosystems.

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