East Coast assets of FiberLight were finally sold!

The East Coast assets of FiberLight were finally sold, according to Ramblings (and notes in an investor report by Atlantic Broadband owner, Cogeco).

FiberLight's history dates back to 1993 when the original assets were founded as ASCI. ASCI went on to became e.spire. In 2002, after another management buy-out, it became Xspedius Fiber Group. This company later spun out the fiber division as FiberLight in 2005 after yet another PE firm change.

Interesting to me: Atlantic Broadband purchased several dark fibres throughout south Florida from FiberLight, LLC for a consideration of US$16.8 million.

So an IRU cost that much now.