Solutions to help your business Sign up for our newsletters Join our Community
  • Share

MORE CAPITAL, MORE FIBER

Forstmann Little & Co. has invested $850 million in Nextlink, gaining about 8% of the carrier's common shares. Meanwhile, Nextlink has paid $220 million in stock to buy Eagle River's 50% ownership in Internext, the intercity fiber backbone being built in conjunction with Level 3.

Want to use this article? Click here for options!
© 2012 Penton Media Inc.

Learning Library

Featured Content

A time and money saving approach to fiber deployment

Service providers are under tremendous pressure to turn up new services faster then before and, at the same time, to do it at less expense - and intra-office fiber is one of the biggest challenges in terms of both cost and service turn-up.

The Latest

News

From the Blog

Briefingroom

Join the Discussion

Resources

Get more out of Connected Planet by visiting our related resources below:

Connected Planet highlights the next generation of service providers, as well as how their customers use services in new ways.

Subscribe Now

Back to Top