FirstLight Fiber, a leading fiber-optic bandwidth infrastructure services provider operating in the Northeast, will acquire Finger Lakes Technologies Group (“FLTG”), a subsidiary of Trumansburg Telephone company (TTC), the company said.
The transaction is expected to close in the third quarter of 2017, following the satisfaction of customary regulatory and shareholder approvals. Financial terms of the transaction were not disclosed.
FLTG provides data, Internet and voice solutions to business customers in New York and Pennsylvania through its fiber network. FirstLight recently announced similar transactions with Oxford Networks and Sovernet Communications.
The decision to acquire FLTG further positions FirstLight as one of the leading fiber optic communications providers in the Northeast. The transaction will merge FLTG´s privately owned fiber optic network, which spans nearly 2,500 route miles in New York state and Pennsylvania, with FirstLight´s more than 9,500 route mile fiber network and complete portfolio of data, Internet, data center, cloud, and voice services, backed by strong, locally-based service and support. FirstLight will offer increased fiber density in the Upstate New York area, and expand its services in the Northern Pennsylvania region.
FirstLight, headquartered in Albany, New York, provides fiber-optic data, Internet, data center and voice services to enterprise and carrier customers throughout the Northeast connecting more than 5,000 locations in service with an additional 20,000 locations serviceable by our more than 9,500 route mile fiber network.
Finger Lakes Technologies Group provides state-of-the-art voice, data and Internet solutions to business customers across New York State and Pennsylvania.