STOCK TITAN

Lightpath Announces Connecticut Network Expansion

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Lightpath, a connectivity provider, announced a new 70+ mile fiber network build connecting Trumbull and Norwalk, CT, to Katonah, NY. This expansion enhances their next-generation network in western Connecticut, which boasts a skilled talent ecosystem and 14 Fortune 500 companies. The upgrade is part of Lightpath's ongoing investment in the region, aiming to support digital transformation for enterprises. Their network now exceeds 20,000 route miles with over 13,500 service locations.

Positive
  • Expansion of 70+ mile fiber network enhances connectivity in western Connecticut.
  • Reached milestone of 20,000+ route miles and 13,500+ service locations.
  • Continued investment in Connecticut and New York City for network enhancement.
  • Strong demand due to the presence of 14 Fortune 500 companies in Connecticut.
Negative
  • None.

New 70+ Route Mile Fiber Build Connects Trumbull and Norwalk, CT to Katonah, NY

NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced the expansion of its next-generation network throughout western Connecticut. The new 70+ mile network build will consist of high-count fiber connecting Trumbull and Norwalk, CT, to Katonah, NY, as well as points in between.

Connecticut has a vibrant ecosystem of skilled talent and large enterprises and is home to 14 businesses on the Fortune 500 list — and companies across growing industries including advanced manufacturing, aerospace, bioscience, insurtech, medtech, and more. Lightpath's unique network design offers enterprises next-generation optical and packet networking services to support their digital transformation initiatives and bandwidth-intensive applications.

"Lightpath's all-fiber fiber network offers organizations across all industries access to robust connectivity with the highest levels of flexibility, reliability and security," commented Doug Turtz, SVP of Sales for Lightpath. "Lightpath continues to invest in Connecticut, as well as the greater New York City Metropolitan Area, as we have for over 30 years now. We are committed to enhancing our network and services for our existing customers, as well as continuing to bring Lightpath to new customers in more places."

The strategic Connecticut network expansion is part of Lightpath's aggressive network growth and deployment over the past year, which includes:

The company also recently opened new offices in Midtown Manhattan and Boston.  Follow Lightpath's news on LinkedIn. For more information, visit www.lightpathfiber.com.

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. Altice USA (NYSE: ATUS) owns a 50.01% controlling interest in Lightpath and Morgan Stanley Infrastructure Partners (MSIP) owns 49.99% of the Company.

Learn how Lightpath can connect you to your digital destinations: www.lightpathfiber.com

For media inquiries:
JSA for Lightpath
1-866-695-3629 ext. 13
jsa_lightpath@jsa.net

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightpath-announces-connecticut-network-expansion-301618935.html

SOURCE Lightpath

FAQ

What is the significance of Lightpath's new 70+ mile network expansion?

The new network expansion enhances connectivity options for businesses in western Connecticut, supporting their digital transformation.

How many route miles does Lightpath's network now cover?

Lightpath's network now exceeds 20,000 route miles.

When was the network expansion announcement made?

The announcement was made on September 7, 2022.

What cities are connected by the new Lightpath fiber network?

The new fiber network connects Trumbull and Norwalk, CT, to Katonah, NY.

How does Lightpath's network support businesses?

Lightpath offers next-generation optical and packet networking services to facilitate bandwidth-intensive applications.

Altice USA, Inc.

NYSE:ATUS

ATUS Rankings

ATUS Latest News

ATUS Stock Data

1.20B
433.50M
11.33%
54.39%
5.67%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
LONG ISLAND CITY