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Fiber networks up for sale

Fri, 06/18/2010 - 8:00am
Brian Santo

Three fiber optic network operators have all come up for sale simultaneously. KDL, Alpheus Communications, FiberTech Networks are all looking for buyers, according to The Wall Street Journal (subscription required).

KDL is seeking as much as $950 million for its 30,000 miles of fiber network, Fibertech about $400 million and Alpheus about $500 million, the WSJ reported.

More Broadband Direct 6/18/10:
•  Shaw launches TV Everywhere type service
•  Cox combines Middle Georgia with Florida
•  Advisors queue up for Mediacom, Commisso on bid proposal
•  Comcast adds 81 new channels in California Region
•  Verizon, Cablevision and Cox keeping customers content
•  Verizon, AT&T Oppose FCC Move; Sprint Neutral
•  Broadcom Pays $47.5M for NFC Company
•  Fiber networks up for sale

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